I just received an email telling me I could lease a preowned ( used ) Acura vehicle. That is just wrong .
To be fair, unless one is running a business, and therefore entitled to tax-deduct lease payments, it is NEVER a good idea to lease a vehicle. If you are a consumer, leasing any vehicle is a tremendous waste of money.
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It is correct. Used car leases have been around for decades.
Just as bad as frequently buying new vehicles, lots of people enjoy new vehicles every few years.
At least they’re leasing you a whole car. There used to be a place that would lease you wheels and tires to bling up your ride for a bit. When you turned your rims back in they would just lease them to the next guy.
Doesn’t the value in leasing depend on how each person views their time/money/effort and their specific vehicle requirements?
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I’ve never leased a vehicle and never will. It’s the absolute worse way to get a vehicle.
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+1
I worked with a man that bought his wife a new Lexus ES when the warranty ran out. She insisted he do it. He wanted to lease given this situation, but she insisted on owning the car.
I agree. Many people think that just because something works for them, it’s best for everyone. I’m not going to lease a car, but I showed above a situation where leasing would make sense.
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Never leased before, never considered it when working, drove to much… But now:
As someone that has only put 2,492 miles on there vehicle since late August 2024, I had thought about leasing, with no more than I drive it might make sense for me to lease so when the 3 year basic bumper to bumper warranty is about to be up (I’ll never hit the miles) and with free 2 year free maintenance, it would only cost me 1 (maybe 2) basic oil change(s) and a few sets of wipers and maybe a filter or 2, then I could just trade it in on a new one and start all over again, but because I didn’t want to be a test subject on a new gen vehicle, I just bought what I wanted, plus I can customize it to be mine, yes I have done over 20 things to it and have plans for many more that most on here would mostly never notice… lol
Plus if the wife and I want to travel any, we can without having to worry about miles…
I don’t drive a lot of miles in a year either (aside from my work vehicle, which the company owns). However, my thinking has gone in the opposite direction to yours. If I am only going to drive a car 3,000 to 4,000 miles in a year, then I can buy a vehicle with far more miles on it than I normally would, because it will still last a decent number of years. For example, if I think a particular model is good for about 250,000 miles, if I were someone who plans to drive it 10,000 miles in a year, it wouldn’t make sense to buy this model with 220,000 miles on it. If I only plan to drive it 4,000 miles in a year, that means I can still get another 7-8 years out of it. And if the price is right, it could be a good buy.
Sounds like you’re planning on buying a 1997 Camry and putting 10k miles/year on it 
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All of the vehicles in my household, put together don’t drive 10,000 miles in a year. That being said, a low-mileage 1997-2001 Toyota Camry is possibly the best quality, most dependable vehicle one could buy.
It continues to astound me that you insist a nearly 30-year old vehicle could be “best quality” and “most dependable”
In my experience, ALL vehicles that old need a tremendous amount of money, time and parts constantly thrown at them
There’s always something going on and parts become increasingly hard to locate and repair
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Been their got way to many of those T-shirts… I have had many older high mileage vehicles, the car parked next to the truck is a 2009, but after a lifetime of working on vehicles as a pro, I decided it was time to treat myself and buy something new/almost new. I was looking for what I bought myself, and I had been wanting what I bought since at least 2018, so now that I am retired I figured it was time to spoil myself for once, I always put myself last, made sure the kids had nice cloths, wifey had what she wanted etc etc etc bablah bablah bablah…
Grandpa gots a nice truck now!!! And it is for ME, ME, ME!!! 
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Wow. You folks must live close to work and school, and I suppose you drive a company service truck so you may not even need a personal vehicle during the week.
I log about 20,000 miles a year. My 18 year old has put 31,000 miles on his car since he turned 16 in 2023. My wife drives a 2018 that has 77,000 miles on it, so that’s 11,000 yearly for her. I think the national average is 13,000 miles per year. You must not spend much on gas at your house!
I would agree with you 20 years ago. But today the car you’re describing is a unicorn, at least in my area.
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