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SVTPerformance's Chain of Restaurants
Road Side Pub
leasing a car
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<blockquote data-quote="Iamchris" data-source="post: 16375819" data-attributes="member: 21687"><p>A lease is money paid toward something that you will never gain possession of, you are renting an asset. If you purchased the vehicle for more money and still kept the condition and miles low, I think you could likely recover a good chunk of your money which would of course offset your higher payments. I think it comes down to math, payments, historic resale value, ect.</p><p>I leased a car once for my wife, the lower payment was nice, but we threw money at gaining nothing. To be honest... that is most cars since they basically just depreciate so rapidly that they are a relative loss anyway. Still though... math for expected years.</p><p>Personally I drive my cars for as long as possible so buying makes sense, by far, when you are willing to do that.</p></blockquote><p></p>
[QUOTE="Iamchris, post: 16375819, member: 21687"] A lease is money paid toward something that you will never gain possession of, you are renting an asset. If you purchased the vehicle for more money and still kept the condition and miles low, I think you could likely recover a good chunk of your money which would of course offset your higher payments. I think it comes down to math, payments, historic resale value, ect. I leased a car once for my wife, the lower payment was nice, but we threw money at gaining nothing. To be honest... that is most cars since they basically just depreciate so rapidly that they are a relative loss anyway. Still though... math for expected years. Personally I drive my cars for as long as possible so buying makes sense, by far, when you are willing to do that. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
leasing a car
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