Posted by dhermesc on September 08, 2017 at 08:12:43 from (24.248.193.103):
In Reply to: Leasing posted by 41106 on September 07, 2017 at 20:31:35:
I've only seen leasing work when the goal is to keep a new vehicle in your driveway. My old boss would do 2 year leases (rare) on his Lincolns, he was getting hammered on the depreciation hit by only owning the cars 2 years. We looked at from a business angle where we normally own the trucks for 4 to 6 years and put a lot of miles on them (120K to 170K) and it looked like a good way to eat up lots of money without anything to show for it. With only 3 or 4 year leases and the miles we put on would blow through any mileage agreement they would allow.
If you are looking at a lease because you can't afford to buy new - you can't afford a new lease either.
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