I think this is one of those "you either get it or you don't" scenarios. No one can explain why some people love the smell of new leather and others couldn't care less. I wouldn't have spent 1,000 cents on Edford, let alone $1,000. I've had people scold me because my kids went to private schools but they would happily go skiing in New Zealand or Colorado every year for a week at the "bargain price" of $15,000 for the family. After years of middle of the road cars, my husband leased a WRX last year and it was, indeed, a lovely ride. But the $825 a month lease payment really eats into serviceability and when the block of land at our retirement spot came up there was no contest - car gone, land bought. Me? I just continue to drive my phonemonally reliable 9 year old Daihatsu Charade with 170k on the clock (no smoke) but if it starts to cost me money I'll get another one that doesn't. (My husband still sobs quietly at night for his lost love when I go to bed.) We just decided that next time we'd pay cash, look after it and hang on to it for ten years (or until it blows smoke whichever comes first).
If you don't have the cash then the next best is probably the personal loan or the equity loan cos your properties will replace that equity in six or twelve months but those repayments on the lease for four or five years really chew up serviceability unless you are very high income.
If you don't have the cash then the next best is probably the personal loan or the equity loan cos your properties will replace that equity in six or twelve months but those repayments on the lease for four or five years really chew up serviceability unless you are very high income.