I just can't with these Facebook people (warning math inside)

Someone in a car group I’m in posted asking about the benefits of leasing. The thread is now hundreds of comments long, and naturally there’s a lunatic ranting at everyone about how leasing is the better fiscal decision. He responded to a comment of mine, and I clapped back with a sack of math. Haven’t gotten a response yet but here’s what I hit him with:

I bought my car for $2,500. Since then, I’ve spent about $800/yr on it between insurance and maintenance. I’ve had this car for six years so I’m in it for $7,300.

Let’s say someone has a modest lease, maybe an a$300/mo with insurance and maintenance included. Over six years they’ve spent $21,600 for the privilege of driving.

I’m so far ahead of the leaser that my car could break tomorrow, and I could go finance and eventually pay off a relatively new CPO car and still have spent less money than someone who has been leasing for the same six year period. 

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My take on leasing is, the only people who do it either have enough money that they can burn it like that and have a new car every few years, or people who are so broke that they can’t buy a car. Leasing can get you into a car with little to no down payment. Someone who could otherwise never scrape together a few grand at once to buy/finance might still be able to swing a couple hundred a month for a lease. So, they get trapped in a vicious cycle and long term they’ve spent wayyyy more money than they should have.

EDIT: Okay some of y’all are saying comparing my $2.5k beater to a new car is unfair, and I get that, so here’s some more math: 

Let’s say I finance a new Accord. I pay 6k down, then $300/mo for 60 months. This puts me at slightly more than the Accord’s starting price. Google says the average interest on that loan is 4.21%, so I’ve spent about $24.5k on this car in five years.

The CHEAPEST lease on an Accord is $1,500 at signing and $250/mo for 36 months. The leaser has to get a new lease, so in the time it took me to pay off my Accord they’ve spent about $18k on leases.

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So over a five year period the leaser comes out ahead, BUT I now own my car and within two years after paying it off, the other person who is now on their third lease has spent more money.

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