Should I lease a Jeep Wrangler or keep my current car?

I'm an 18 year old. I make around $900 per month and I live at home. I currently have no bills. My only expenses is gas, Netflix, and a $20 gym membership. And sometimes I'll buy a few things, but I'm pretty good with being frugal.
Right now I have a 2004 Saturn Vue. I like it as a first car, it runs

I'm an 18 year old. I make around $900 per month and I live at home. I currently have no bills. My only expenses is gas, Netflix, and a $20 gym membership. And sometimes I'll buy a few things, but I'm pretty good with being frugal.
Right now I have a 2004 Saturn Vue. I like it as a first car, it runs good, and it has 185,000 miles. Eventually I'm sure I'll want to get a new car, so I was thinking about getting a Jeep Wrangler from a dealership. It's my dream car. It'll probably cost me around $300 a month for 48 months, and I can use the money I make from selling my old car for the down payment.
I have a 21 year old sister who leases a Jeep Cherokee, and we make around the same amount of money per month, and she makes it work. So I'm sure I can do it too. Also she spends her money on more things than I do.
So any advice for me? Wouldn't it be best to sell my Saturn before the mileage gets too high?

Best Answer:

nascar88gyrl: You won't qualify for a lease, and I don't understand how your sister qualified for a lease. You need at least 2 years of steady employment, a credit score of 700 or higher and at least $1500 to $1800 monthly income. Are you sure your sister is leasing, or did she obtain a loan? It is harder to qualify for a lease than it is for a loan.

By the way, you should not consider any lease longer than 3 years. If you need to lease for longer than that, you really should obtain a loan and purchase the vehicle. Remember, at the end of the lease, you will have nothing but a stack of cancelled checks and no vehicle to show for all that money you spent. A better option is to purchase a 3-year old off-lease vehicle.

Other answer:

nascar88gyrl:
You don't have a lot of expenses but you also don't have a lot of income and I'm guessing you may not have a high credit score being only 18. A car lease is more difficult to qualify for than a loan, especially a used car loan.
john:
You could probably afford it, but I'd recommend buying a slightly used one instead of leasing one. At the end of the lease, you will have nothing, whereas if you bought it you will have the car. Make sure to be saving money too because you don't want to live with your parents forever
Never:
You wont be leasing for 5-6 years at best.

But the important thing is you have Netflix. That proves your word is good.
LOL