10-06-2009, 11:25 AM
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#4 (permalink)
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Track Member
Join Date: May 2009
Location: s. cali, los angeles
Posts: 627
Drives: 09 370z plat 6 speed
Rep Power: 267
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Quote:
Originally Posted by lovethe370z
Leasing is a scam that exploits those want what they cannot afford.
If you cannot afford the car, do not buy it. Starting off your life with major debt on a depreciating asset is just dumb.
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No, leasing IS NOT a scam. There's no "exploitation" like you vilify it to be. There are WEALTHY people who lease $100K or more cars because they like using them for 3-4 years, don't wanna hassle with trading it or selling it in ads had they bought it, and use leases as "tax write offs"...
I agree with you, however, that living above your means, especially in this precarious economy which looks dismal, is dumb.
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