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  • I’ve leased new cars for the last 8 years or so, though hunting for deals where the lease cost was close to the cost of depreciation. Also aiming for less stress and hassle free motoring (no MOT, maintenance contract, including servicing, tyres). Also modern improved safety and driving aids are pretty desirable when you have kids.

    I’ve never bought a new bike though.

  • Not judging in the slightest, we should all spend our cash on things we like, that’s what it’s for.

    I’m just old I guess. When I started buying cars in the late 90s finance wasn’t popular. If you had £2000 in the bank you bought a car that was £2000 or less, it didn’t feel like there was another option.

  • Also when you've made the mental leap of thinking about available money thinking about cashflow in borrowing massive amounts of money from the bank to buy a house, a monthly payment for a car doesn't seem such a stretch.

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