Quote:
Originally Posted by flamesaresmokin
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. |
FAct is that cars will depreciate in Value.... so you might as well lease a vehicle that has a good resale, and reinvest the difference between the lease and the finance as a downpayment on real estate, or in other investments. In the long run that gets you a better ROI.