comes with strict "rules." Most contracts limit you to 10,000 or 12,000 miles per year. If you have a long commute or love road trips, the overage fees (often $0.20–$0.30 per mile) can be a nasty surprise. You also have to return the car in "excellent" condition or pay for dings and scratches.

gives you total freedom. You can drive 30,000 miles a year, spill coffee on the seats, and install a custom roof rack without asking anyone for permission. The "New Car" Itch:

If you are the type of person who wants the latest safety tech and a fresh warranty every three years, is designed for you. It automates the cycle of upgrading.

You want to eventually stop making payments, you drive a lot, or you want the flexibility to sell the car whenever you choose.

You are paying for the entire asset. Whether you pay cash or take out a loan, the goal is to eventually reach "the finish line" where you own the vehicle outright. While monthly loan payments are higher, they eventually stop, leaving you with a piece of property you can sell or trade. 2. Cash Flow vs. Net Worth