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Thoughts on leasing??

Leasing is a great option, you always have warranty, and Infiniti gives loaner cars, whereas Nissan does not. Most buyers are always upside down anyway, very few can say they

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Old 12-08-2014, 11:15 PM   #1 (permalink)
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Leasing is a great option, you always have warranty, and Infiniti gives loaner cars, whereas Nissan does not.
Most buyers are always upside down anyway, very few can say they have equity after putting $2k down, especially if buying new.
Personally, if I decided to lease, I probably would lease a German car
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Old 12-09-2014, 03:08 AM   #2 (permalink)
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Remember....if you look after it and keep it under the mileage (to escape any additional penalty) they'll always be worth more than the residual at the end of the lease's term.
Rather than give it back to them, buy it out at the residual amount then sell it and pocket the difference.
I leased my last car. The buyout was $10K in the end, but the car was worth $15K.
If you are able to write the payments off all the better.

In hindsight I should have leased my 370. Instead I paid cash when I could have made more money with the extra cash in my pocket than the interest I would be paying on the lease. It really came down to me not wanting to make any payments.
The beauty right now is rates are pretty cheap. I think I was quoted 1.9% for up to 60 months at the time on a lease of a 370. Some terms come with better rates so there's a 'sweet spot' picking the right term.

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