I think leasing has a lot to do with that. I can buy out my lease or lease a new one for around the same payment… but I get a new vehicle, with new tires, brakes, and warranty that I don’t have to worry about replacing.
A never ending car payment, no thanks LOL.
In the end you still have a car payment, on yet another car...so you don't gain a thing. Instead, put that car payment money aside for repairs, and just buy a car LOL.
I've done 2 new car purchases, never again....you end up eating a lot of loss. An off lease used car would make more sense I think. Rather one of the many "Certified" used vehicles. At least you have an end date on payments for something you'll actually own rather than never owning anything and just making payments forever.
But hey its your wallet, keep leasing it cuts out all the loss in immediate new car depreciation LOL. Not to mention the limits you have on mileage each year. For me now it wouldn't matter, between 3 vehicles I barely manage 5-7k a year in mileage LOL.
I'd rather buy and be done with it than keep making never ending payments, but I hate owing money so that's one huge difference between lease and buy. Plus the enormous down payment to lease a vehicle is a thumbs down for me too.