I would appreciate feedback for the following scenerio:
I currently have about 1.5 years left on my 2015 altima lease (paying 150 a month = approx. $2,000 till the end of my lease). My assumtion was was that I was going to lease a similar car again costing me between $7,500 and $9,000. Totaling out to between $9,500 and $11,000 over the next 5 years.
I have the option of buying a very well maintained 2008 infiniti EX with 100,000 miles on it for approx $10,000.
Obviously if all the above is equal I would buy the car considering I will break even after 5 years, and only stand to gain after that. BUT:
1) Will the buyout offers on my current lease making leasing cheaper than buying in this scenerio?
2) What is the likelyhood that maintenance within 5 year span will make leasing cheaper?