Quote:
Originally Posted by Sliver
One other thing because I know I was originally dismissive of your point. It's true you can have the option to buy for less than the value of the vehicle. I lease a Tacoma through my work right now and I'm expecting the buy-out price to be lower than the value of the truck, in which case we will either buy it and keep it, or buy and sell it.
It can also happen the other way - before the Tacoma, our Ranger was off-lease in 2008 and the buy-out price was more than the value, so obviously we gave it back and weren't out anything.
What's strange about a pro-lease argument to me is the point you raise as being such a benefit is ultimately to buy used at the end of the term. So it seems like we agree on that point - buying a 2-4 year old car makes the most sense out of any of the options.
After this lease is up I don't think we're going to lease a truck again. I'd rather buy something used, forgo the tax write-off a lease provides, and I think we'll be ahead of the game.
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to each his own, i dont really want to own a used car. 4 years is when things start needing repairs and such and all it takes is one major repair to equal the cost of an entire years lease payment. it happened to me last time i owned a used car.
also, in my world, i WANT the car to be worth LESS then the buyout. this means I was subsidized for the term of the lease and should have been paying more per month. thats the point of why i lease, so i have the least possible contractual obligation to that car.