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buy or lease a car?

  • Thread starter Thread starter lartinos
  • Start date Start date
Leasing was very popular about 8 to 10 years ago due to the fact that you could attain more car for less money if you will... however if you drive over 15,000 miles per year you will be penalized for the extra mileage.. If you look at the difference in payments for leasing vs. buying there is not much difference... I would say if you want to stay in a new car every 3 to 4 years and dont mind the mileage or added fees then leasing may be for you however if you are rough on a vehicle and go over the miles then your looking at a big expense when you go to turn the vehicle in.. The only people who lease now a days are companies or individuals who can write the expense off..... Go to Edmunds.com and look at there leasing vs. buying rates and schedules. that should give you a better understanding.. good luck
 
Arabian said:
Leasing was very popular about 8 to 10 years ago due to the fact that you could attain more car for less money if you will... however if you drive over 15,000 miles per year you will be penalized for the extra mileage.. If you look at the difference in payments for leasing vs. buying there is not much difference... I would say if you want to stay in a new car every 3 to 4 years and dont mind the mileage or added fees then leasing may be for you however if you are rough on a vehicle and go over the miles then your looking at a big expense when you go to turn the vehicle in.. The only people who lease now a days are companies or individuals who can write the expense off..... Go to Edmunds.com and look at there leasing vs. buying rates and schedules. that should give you a better understanding.. good luck

coulda saved yourself that whole paragraph
 
start a small business, lease a hybred right the whole payment off get a tax credit for having a hybred enjoy the car pool lane and with the savings of fuel the car is really free. car ins fuel aprox 500.00 per mo....end of lease your not upside down your jus ready for a new one
 
If it's a car I've wanted for years and am really passionate about, I'd buy it. If it's transportation that will be replaced in 3-5 years, lease it. I have never owned a car longer than 3 years. Also depends on the interest rates and your credit.
 
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