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Originally Posted by mattleegee 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
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Enthusiast Member
Join Date: Jun 2011
Location: California
Posts: 487
Drives: Charger Hellcat
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Quote:
Buy or lease, you can't avoid sales tax and state fees. If you finance a purchase, you are borrowing the whole amount less downpayment. If you lease, only the lease portion is financed/borrowed, so less interest. When you trade in, remember you already paid the sales tax. There is no free lunch. It all boils down to how long you plan on keeping the car. If you keep it until the wheels fall off, buy definitely. But if you tend to get a new car/ technology every 3-4 years, lease is the way to go. With the GS example, it lost over 50% (market value) in 3 years. If you bought, that would leave you upside down and a sour taste in the mouth. If you leased, you walk away or could renegotiate and buy it at lower price |
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