Quote:
Originally Posted by DementedReality
fair points, its not always as simple as it seems BUT if leasing was good for them they wouldnt steer people away from it. this seems to me that it means the programs favoured the consumer. otherwise why would they steer people away from it now?
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Thats just it. It's not just a simple leasing versus buying issue. It was an issue of them offering great lease rates, and high enough residual values that leasing became a very good option for consumers. It looks like I'll be much further ahead having chose to lease my last vehicle versus having bought it. One of the biggest reasons was that when I ran all the scenarios and calculations...at worst..I stood to maybe be out $1000 over 4 years by leasing, and the upside was for me to be a lot further ahead. One of the reasons was that at the time, they had leasing incentives that were better than the purchase finance options. In a way they almost forced me to lease when I honestly hadn't even considered it. So really I don't feel sorry for these companies, they've done this to themselves. Now that I've done it this way...I'll never buy another new car again, unless some freak occurrance happens and I stop caring about the cost of things. Until than, it will be lease, or look for a decent used vehicle where I can work over the seller.