4) Stop dreaming of selling your car
There is no selling your leased car. With a car you’ve bought and fully own, you can sell it for as much as you can get whenever you want. You don’t have nearly as much flexibility with a lease, which may require you to pay hefty fees if you decide you want a new car at some point before the end of the lease term. Once you have made that last payment, the car is absolutely yours. If you are hoping to build up some equity with each payment you make, then leasing a car is not for you.
On the flipside, if you buy a car, you do gain equity every time you make a payment and you get the benefit of recouping some of the funds you invested in the car once you’ve paid it off.