I buy cars that are 2 years old, drive them for 5-7 years then repeat. Have had my current car for 6 years, cost me $18k. Trade-in value on KBB is currently $10k, private party sale is $12k. Assuming I sell it privately the car has cost me $6k for 6 years. I have spent approx $2k in repairs/maintenance that a warranteed car would have done for free. So $8k in 6 years. Costs like gas, tires, brakes and other consumables are the same leased or not so I don't figure that in. So my car has cost me $111/month. Buy: $111/mo or ~$8k Lease (used car, same value): $200/mo or ~$14.5k Maybe I'm doing the math wrong here, but...