<prompt> Human: Hey, so I seem to be at that crossroads with my 2004 Honda Accord, where Im starting to loose confidence in it and worry what may go wrong next. Nothing mechanically significant has broken so far. A few minor issues have popped up, e.g. radio in shotty, door locks stick. I am able to do most work on my car if anything were to happen. But there are what look like a lot of great deals in my area for brand new leases as low as 59mo and they seem to have grabbed my attention. I currently owe 1300 on my vehicle and I have a monthly payment of 200. I will have it paid off by July 2016. I imagine I can get an ok-ish trade-in, based on KBB. My thinking is, why not lease a brand new chevy cruze for 59mo for 24 months. I will save the difference between my current monthly payment and my future payment 140 and use the 3,360 in 24 months to look for a more permanent car purchase. There is a lot to be said for the peace of mind of owning a new vehicle and knowing you are covered by warranty if anything should go wrong. Does this plan make sense or am I just being swayed by the dealership ads and shiny new cars? Edit: This was great for me! Thank you for opening my eyes to a lot of the issues and additional fees with leasing that I overlooked. I have decided to put in the work and stick with Old Faithful.  <response>: How are you saving 3360 in 2 years? Youre only saving 140 for about 7 months, then youre losing 59mo, plus the down payment, and whatever bogus charges at the end like having driven too much, etc. Additionally youll save money with the older car by only having liability starting in July, not comprehensive insurance. If youre in a wreck then you get a new car just like youre thinking about doing now, but youve saved money along the way so youd still be better off. 