Thanks streetgeek. I forgot to mention the point about used cars.
I buy my cars used (about 5 years old) and keep them for another 10 to 15 years. I maintain them and BH have been satisfied with them. Sure, things break along the way but in the long run, it’s far cheaper than leasing. And if you keep on top of maintenance, that should also minimize the risk of breakdowns. The important thing is to fix the little problems before they become big problems.