Posted by Goose on September 08, 2017 at 07:30:23 from (70.198.59.88):
In Reply to: Leasing posted by 41106 on September 07, 2017 at 20:31:35:
I'm not a big fan of leasing, in fact, I've personally never done it. Also, when I was in sales, it was frustrating. You'd have a deal all put together to sell a new car and then the buyer would ask, "By the way, I still have 8 months to go on the lease on the car I'm trading in. How do I get out of that?"
The answer is, "You don't. Once you sign a lease, there's no getting out of it". So the deal would be shot down.
That being said, our daughter leases a new car every three years, and for her as a young single gal it makes sense. She gets Hyundai's for a couple hundred a month. She always has an almost new car with no big cash outlay up front, she's a title officer in the real estate business so image is important, she never has to worry about maintenance, breakdowns etc., 'cause the car is always under warranty, etc.
I guess you just have to weigh the plusses and minuses for your own situation.
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