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Originally Posted by bmussatti
Why do people lease cars? I've never understood this logic (except for business owners).
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Uhm, seriously? Welp, the main reason is that for someone who does not keep cars long, it makes financial sense because after 3 years you still typically have little or no equity (especially in this economy - take a guess what your pricey '06 is worth now
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The second reason is that a person who could not otherwise afford the monthly payment can get into a better car for the same money as a purchase.
Honestly, the only negative is that if you wanted to get out early, you cant.