timcole421
Senior Member
- Thread starter
- #61
I guess it's just my frugal old ass. If your needs fall into the mileage allowance on a lease, odds are that the need for a NEW rented car are nil in most cases. Leases work by paying for the first three years depreciation of the cars value - you're taking the biggest hit of anyone. Not every situation is the same, but in 95% of these cases it is a want and not a need. Not judging, everyone's cases are different and hey....we all like what we like and want what we want. But when someone else tries to sell me on why financing or leasing new cars is really a NEED, well my BS meter spikes.That is why there is Leasing. People, like myself who don't keep cars long but enough so they're covered under warranty. Also, I lease because it's much cheaper than financing. In my case, $250 cheaper a month.
I don't put any money down on any of my leases. No cost out of pocket.
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