Personally I am not a fan of leasing unless you are doing it through a business (so you can write off the lease payments versus a much slower depreciation if buying + interest if also financing) or really, really want a new car every few years and really really want certainty on the back end.
The big reason is that with a lease you are paying sales tax on the whole thing, even though you are only "buying" a "portion" of the car... plus a lot of states/municipalities have extra fees/taxes for leases.
If you are looking at a 3 year lease, perhaps you should look at a CPO car that has at least 3 years left on the CPO warranty... perhaps for the same money you can get the CPO vehicle, and at least at the end of 3 years you have a vehicle that you could keep or sell.
posted by 198.179.147...
Posts in this Thread:
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- Selling My 03 9-5 Aero - Which car next?, Blake, Wed, 5 Oct 2011 09:40:13
- 2011 Mazda6i, EGD , Tue, 11 Oct 2011 09:11:12
- mazda3, jp498, Mon, 10 Oct 2011 18:39:38
- $200 mo = $10,000 financing or you can lease..., Mike Lynch , Thu, 6 Oct 2011 12:17:34
- Leasing, No Snaab , Wed, 5 Oct 2011 16:27:03
- Re: Selling My 03 9-5 Aero - Which car next?, Dan-O, Wed, 5 Oct 2011 09:59:17
- Transmission, Blake, Wed, 5 Oct 2011 10:06:11
- Leasing?, Blake, Wed, 5 Oct 2011 10:04:54
- Jeep Patriot?, Johnson, Mon, 10 Oct 2011 19:30:21
- Re: Leasing?, James, Thu, 6 Oct 2011 10:04:23
- Re: Leasing?, Dan-O, Wed, 5 Oct 2011 11:25:57
- Re: Leasing?, Bruce, Wed, 5 Oct 2011 13:41:38
- CPO, Blake, Wed, 5 Oct 2011 17:43:53
- Taxes, Dan-O, Wed, 5 Oct 2011 17:05:38
- Re: Leasing?, Blake, Wed, 5 Oct 2011 17:02:11
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