Quote:
Originally Posted by Kal-El
YarisOwnersDad, wouldn't it be smarter to lease your cars at 24 month intervals if you feel the need to always be in a new car? Or is 2 years to much? Purchasing a brand new car every year (it seems) is throwing thousands of dollars away and constantly keeping you upside down.
Leasing is designed for this purpose and will lower your monthly payment to boot.
Your thoughts on this?
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I drive about 18,000 miles per year. That doesn't work out on a lease, right? They penalize you big time for the high mileage.
Isn't the idea of a lease that you pay enough per month to cover the depreciation of the vehicle for the time that you have it? Would I be any better off one way vs the other?
Tom
06-13-2010, 12:25 AM
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