Quote:
Originally Posted by hulkrogan
As long as you know you won't get sick of the car before your lease is up, the km restrictions won't be hit, and the lease rate is the same or less than the purchase rate, I agree. You're completely protected from greater than expected depreciation, yet at the same time you can cash out on less than expected depreciation. When I used to drive new cars I'd lease and some people would try tell me it was the same as renting a car. Ugh.
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How often does this happen, though? Financing rates on purchases are as low as 0% for 60 months, and usually never more than 5.9%. Aren't lease rates usually around 7%?