My brother didn’t get a new car for Christmas. He didn’t ask for one, but it would have been pretty cool if someone had given him a car yesterday with a big red bow on top.
Since it didn’t happen, it’s probably time he makes the investment on his own. My brother is newly employed as a teacher, so he can’t afford to finance a new $30,000-plus vehicle. What he can afford is a cheap lease, which he took the opportunity to ask me about at our family gathering yesterday.
My brother’s current car is a 1997 Honda CR-V that has provided almost 240,000 miles of service. It was a fine car for a college student, but it’s not a fine car for a newly employed teacher.
So here’s the challenge: What new car can be leased on a budget of around $199 per month?