Is buying a car worth it or not?

I know leasing is the worst sham around, but I’m starting to wonder if buying a car is the way to go either. I’m looking at a $15K car and it may cost me $300/mo. That seems a little high for such a cheaper car. I’m not thinking about a Mercedes Benz or the venerable Bavarian Motor Works, otherwise known as BMW, so what gives on these high payment rates? And I’m even putting down a couple grand to boot. I guess financing was better in my youth.


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