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Much of what you say is true...
Posted by Bob M (more from Bob M) on Wed, 6 Mar 2002 07:25:24
In Reply to: Purchase price at end of lease (Long), PaulD, Tue, 5 Mar 2002 12:57:44
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but you own the car at the end of three years of payments if you buy it. If you lease, you're stuck in the same situation three years from now. Personally, I like to keep cars 10 years and have 4-5 years of no payments. Think of it this way: If you buy you have no payments three years from now, which means a savings of $300/month even for a cheap lease. If you lease, you have that $300/month payment forever. (I haven't discussed maintenance costs, which do enter the calculations. However, you can buy a lot of maintenance for $300/month.)
posted by 64.252.17...
Posts in this Thread:
- Purchase price at end of lease (Long), PaulD, Tue, 5 Mar 2002 12:57:44
- Re: Purchase price at end of lease (Long), Jeff, Wed, 6 Mar 2002 15:11:20
- New GM lease turn in program, Mike G in atl, Wed, 6 Mar 2002 13:54:52
- Re: Purchase price at end of lease (Long), BobG, Wed, 6 Mar 2002 12:37:46
- Much of what you say is true..., Bob M, Wed, 6 Mar 2002 07:25:24 <-- Viewing This Message
- My Audi deal, Frank , Tue, 5 Mar 2002 21:43:38
- Leasing Company Logic, pursang, Tue, 5 Mar 2002 17:58:09
- Re: Purchase price at end of lease (Long), Dan Wyman, Tue, 5 Mar 2002 14:31:38
- Re: Purchase price at end of lease (Long), Wayne Dowers, Tue, 5 Mar 2002 13:56:54
- Re: Purchase price at end of lease (Long), Eric, Tue, 5 Mar 2002 13:47:09
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