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Someone please tell me why I shouldn't lease
Depreciation depresses me and, being a young small-law guy, I don't have a whole bunch of dough stashed away for a car (especially since I'm saving for a condo).
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Someone please tell me why I shouldn't lease
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Nothing wrong with leasing--it's like renting rather than owning. Well, not like, is. There are a lot of things to recommend it, not the least of which is you're basically buying a put option on your used car in 3-4 years. If you like it and took good care of it, no accidents, you can get a good deal. Put differently, if it's a piece of crap, you can sell at a price certain in three years. (By sell, I mean walk away instead of make the balloon payment). BTW, isn't there something funny about leasing in Ill.? Like the sales tax is paid in some odd way? It may not matter, but investigate. |
Someone please tell me why I shouldn't lease
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Someone please tell me why I shouldn't lease
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Someone please tell me why I shouldn't lease
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Someone please tell me why I shouldn't lease
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2005 Chrysler 300C
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2005 Chrysler 300C
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'cuz it's already got the fry maker: http://images.amazon.com/images/P/B0...1.LZZZZZZZ.jpg |
2005 Chrysler 300C
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2005 Chrysler 300C
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Sorry RP. Say, does that thing got a Hemi? |
2005 Chrysler 300C
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Someone please tell me why I shouldn't lease
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Do I want all-wheel drive? If so, why?
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Someone please tell me why I shouldn't lease
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However, he will benefit from having an option at $20K if due to market forces not accounted for in the mathematics of the lease the car turns out to be worth $21K in an arm's length transaction. He can even exercise the option and sell for profit, or even more profit because the bank wants to avoid retaking possession and is very willing to negotiate the buyback price below the price stated in the lease at lease end. |
2005 Chrysler 300C
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