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No but OP did...sm

Posted By: Never lease on 2006-05-07
In Reply to: I don't recall asking for advice (more) - kid's mom

and there you were telling her "Leasing also allows you to get more car for the money, as lease payments are much lower than buying, especially if you can find a special."  Both statements are blatantly untrue.


So you lease a car for 3 years for $300 a month plus your $3K down, or you buy a car and make payments of $475 a month for 3 years. Leasing, you spent $13800 to drive someone else's car. Payments, you spent $17,100 but still have probably $10K of car left. So sell it and take the $10K off your $17,100 and you have? $7100 is what it cost you to drive it for 3 years. So $13,800 vs. $7,100.  Not too hard of a math problem there.




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