Quote:
Originally Posted by ard
But wait, at the end of 10 years you have a car to drive!
I find it hard to believe that leasing a car for 10 years, versus paying off a car in 6 years will only be $6k more!! Almost impossible I'd say.
The assumption that finances will always be good, that everyone will remain fully employed and people's 'personal economies' always growing are a pivotal part of the 'lease decision'...just like our current national economy, assumptions like that can have dire consequences.
Everyone should have at least reliable transportation bought and paid for.... IMHO
A
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+1 on all accounts--well said.. And It's way more to lease a car over 10 years. Maybe back in the day when lease prices were like half of a finance payment.