debedwards
Preferred Member
Cash: $ 21.70
Posts: 106
Joined: 19 Aug 2011
Location: Connecticut
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Leasing is considered to be the most popular payment options because of its benefits:
1. low down payment
2. new car more often
3. no resale or trade-in hassle
elder care specialist | long term care insurance costs | life line screenings
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Sat Jun 09, 2012 2:39 am |
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halsay
Contributing Member
Cash: $ 6.80
Posts: 34
Joined: 09 Nov 2011
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| depends on situation |
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It's all depends on situation and necessisity.
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Wed Jun 13, 2012 3:29 am |
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littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
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quote:
Originally posted by debedwards
Leasing is considered to be the most popular payment options because of its benefits:
1. low down payment
2. new car more often
3. no resale or trade-in hassle
4. Payments forever instead of taking advantage of compound interest
5. If you go over your miles, you will pay so many cents per mile
6. Wear and tear problems
I've leased before and it is the worst idea imaginable, next to financing a brand new vehicle. My wife and I try to put our money into things that are appreciative assets, instead of depreciating assets or payments because you make no money off of them. We buy used cars that are low miles to semi low miles where someone else has paid for the depreciation. No I would not ever suggest a lease. 
Risk comes from not knowing what you're doing. (Warren Buffet)
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Thu Jun 14, 2012 8:22 pm |
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