<prompt> Human: Alright PF, talk me into or out of leasing a new car.Im 32 and my wife is 34. I make between 90k and 100k at my primary job depending on revenue sharing bonuses. I also own a consulting company on the side that generates between 30k and 50k per year, mostly depending on how much I want to work on it. I occasionally subcontract some of these jobs, but for the most part it is an owner-operated LLC situation. My wife make 58k right now, but is about to land a job making 68k we think.We owe 190k on our mortgage and 10k on the last student loan between us that will be paid off in a couple months. Other than that we have no debt.We have no kids and do not plan on having any.Ive only owned a few cars in my life because Ive always driven them until the wheels fall off, and theyve always been nice-but-nothing-fancy cars. Think Chevy Cruze, Toyota Matrix, Pontiac Vibe, etc.Well, the AC in my trusty old Pontiac Vibe that Ive had since 2003 went out this week. I think its time to put the old girl out to pasture, and Im feeling the urge this time around to flex a little financial muscle and buy a much nicer car than Ive ever owned. When I purchased that car I was a single college student so my financial situation is quite a bit different these days.Ive never leased a car before, but Im finding it attractive this time around. I wouldnt mind a change of pace and being able to drive a different car every 2 or 3 years for a while. I can always decide I prefer owning and go back if I really want to. Also, I drive very little. I work in tech and generally have the ability to work from home. When I do decide to or need to be in the office, it is only 10 minutes from my home. I never have the sort of work travel that would put miles on my car. Im not worried about blowing my allotted lease miles.So what do you think PF? Am I being irresponsible wanting to jump into a 40k car? Ill be the first to admit I could go down to a dealership today and write a check for something under 20k and drive it for the next 10 years, but I simply want to do something different this time around because I can.Also, this is probably not the most appropriate sub for this question, but Im wondering about the possibilitywisdom of leasing a new car in my consulting companys name. I would be able to write it off as a depreciating asset that way.---Update 1: uredflipflop pointed out I didnt mention savings or retirement funds. We have 6 months worth of cash in a money market account as our emergency fund. We currently contribute to our 401k plans but only up to the employer match. Once our last student loan debt is knocked out this summer well increase our retirement savings to 15 of our income.---Update 2: If it makes a difference, my wife is on board with this. Ive passed on opportunities to get a new car a few times over the years so we could do other, smarter things with our money.--- Update 3: Im not sure why Im being downvoted, but thanks to everyone who weighed in. I ended up taking Ol Reliable into the shop this morning and it turns out it was only 200 to fix the AC issue. I guess Ill be driving her a little longer after all. 200k miles here I come.  <response>: Everyone is going to tell you not to do it. On paper its not a great idea. Its crazy how fast it goes from being a nice car in your eyes to just being a car. I have an 80k mercades and Im more excited driving 20k rental cars because they are new and exciting. So in my eyes I would get something nicer if you want but just know anything you get well wear of quickly. 