Quote:
Originally Posted by Zayne E.
I would never lease a car...it's the most expensive way to go. Ever notice dealers push their lease products so heavily? It's thei9r most profitable transaction.
Buy a 2-year old car either cash on as short a term as you can afford. Then you shouldn't end up upside down in your payments. All the major depreciation happens the first 2 years of a car's life.
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its not the most expensive way to go, infact its the cheapest way to go if u are able to claim 90%+ from business use.
The only reason dealers push for it is because when u lease a car, they essentially "sell" the car to the finance comanpy which then has an agreement with u at X% and the dealer gets a % kickback from the referral.
Dude. Pay cash or don't buy a new car. It's a liability.