Quote:
Originally Posted by ernie
...We bought it with 50,000 kms in 2009 for $24,000. I've never had a payment on it and .
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but you did have a payment. the opportunity cost of not having your 24,000 in your bank and instead giving it to the car company in 1/48th increments.
to each his own, but I would rather give up 300 a month on a lease and pay it out of the 24k that I still have with no obligation other then that single payment.