Quote:
Originally Posted by Sylvanfan
For what a high end luxury car? Usually lease rates aren't that much different than purchase finance rates. I last looked at vehichles in 2006 and the lease rates were usually withing 1% of the purchase rates.
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Not much different except purchase rates mean you are actually paying to own a vehicle
. I've never been a fan of leasing vehicles, you pay to essentially rent the car for a few years and when its up you still have to buy the car after spending thousands on it already.
I always go by the principle unless you can buy it in cash you probably shouldn't take on purchasing a vehicle.