Date: Mon, 05 May 2003 09:12:16 -0400
From: 'nuther Bob <nonenopsam.nom>
Subject: Re: Saab Depreciation: Greater than most?

On Sun, 04 May 2003 09:37:40 -0700, B&D <NO_SPAMnopsamCOM> wrote: >How would you be left holding the bag? I know a lot of people that lease >cars successfully and don't feel burned afterwards. You spend a whole lot more with a lease and end up with nothing (except for perhaps some extra charges) at end-of-lease. The more expensive the lease, the more you spend. Most folks only look at the payments today rather than the cost over the lease life and the alternative (buying). I'm not saying that people haven't convinced themselves that leases are good. On the contrary, most of the folks that lease are thrilled with how much car they can drive for so little. If they looked at the real numbers in terms of an investment, they'd be disappointed. (I'm talking individual leases, not business leases). But, then again, I'm the sort of fellow who advocates buy 2 or year off lease cars as it makes much more sense financially. Bob

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