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Leasing
Posted by A1-turbo (more from A1-turbo) on Fri, 10 Apr 2015 10:52:24
In Reply to: you have to pay sales tax for every lease payment?, AeroEd, Fri, 10 Apr 2015 09:43:17
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Leasing can essentially be viewed as buying down the cost of the car over time. At the end of the term, you can buy the car at the predetermined value which, of course, is much less than the original new price. You can also walk away.
Depending on the deal, it may actually be cheaper to lease and then buy the car at the end versus financing the entire car up front. Both leasing and financing can still result in long-term ownership beyond the respective terms. Sure, you may have equity at the end of a loan term but the cost to get that equity was much higher payments versus leasing.
I'm certainly not saying leasing is always the better alternative or right for everyone, though. It really depends on the deal and individual's needs or circumstances.
posted by 73.16.37...
Posts in this Thread:
- A1-Turbo, you were onto something, AdamD, Tue, 7 Apr 2015 13:52:18
- Re: A1-Turbo, you were onto something, A1-turbo, Thu, 9 Apr 2015 07:33:48
- 200 looks nice ... but the pice.... eeek, Trev, Wed, 8 Apr 2015 20:05:37
- America's Import, used2bcheaptech, Wed, 8 Apr 2015 10:11:44
- Chrysler: as long as you're never in a wreck, AeroEd, Wed, 8 Apr 2015 09:47:50
- TLX V6 is twice the price of 200 V6., Norm9-5, Tue, 7 Apr 2015 18:51:00
- Strange bedfellows, No Snaab, Tue, 7 Apr 2015 15:32:09
- Re: Strange bedfellows, AdamSAAB2kAero , Wed, 8 Apr 2015 15:08:13
- Not true, No Snaab, Thu, 9 Apr 2015 15:13:40
- Lots of pictures of wrecked ones., Norm9-5, Fri, 10 Apr 2015 04:51:17
- true, AdamSAAB2kAero , Thu, 9 Apr 2015 16:30:12
- IIHS and NHTSA, A1-turbo, Thu, 9 Apr 2015 17:36:01
- engineering for a crash test vs engineering for a crash, AeroEd, Fri, 10 Apr 2015 09:23:24
- Go for it, AdamSAAB2kAero , Thu, 9 Apr 2015 19:11:25
- never said it was the best, AdamD, Fri, 10 Apr 2015 06:25:16
- BMW 320ix, A1-turbo, Fri, 10 Apr 2015 07:24:07
- Re: BMW 320ix, AdamD, Fri, 10 Apr 2015 07:45:47
- Re: BMW 320ix, A1-turbo, Fri, 10 Apr 2015 08:37:45
- Re: BMW 320ix, AdamD, Fri, 10 Apr 2015 09:34:11
- well that changed everything, AdamD, Tue, 14 Apr 2015 13:00:28
- you have to pay sales tax for every lease payment?, AeroEd, Fri, 10 Apr 2015 09:43:17
- Ha, vvk, Tue, 14 Apr 2015 06:27:50
- Leasing, A1-turbo, Fri, 10 Apr 2015 10:52:24 <-- Viewing This Message
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