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Originally Posted by ssmoked Lease might not make sense to cheaper cars, but for more expensive cars its completely worth it. Expensive cars (60-120k) tend to lose value much quicker
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Join Date: Jun 2012
Location: Kent, WA
Posts: 72
Drives: 2014 4runner TE
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Quote:
That kinda makes sense but im still stuck on paying into something with no return Lets take you example of the GS350 F sport, i went to website and picked out a base one with no additional options Lease is 36months with $569/month plus $4799 down payment **Excludes official fees, taxes and dealer charges. No security deposit required. 10,000 mile/year limit. That is a total of $25,283 without fees/taxes plus any return fees.(Probably close to $35k) And all that is thrown away unless you buy at end of lease. Lets say $35k in 3 years pumped into lease that is almost a $1000/month car payment over 36 months, maybe the fees are lighter on the lease lets say you only spend $30k then thats $833/month that you could be pumping into an asset and when you trade it in get a sales tax break on new car purchase, and still gives you some depreciation wiggle room, or possibly positive balance towards new car. That is just how i think about it, i maybe totally out of line |
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