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Old 11-23-2010, 06:07 PM  
Flow
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Join Date: Aug 2002
Posts: 518
Buy what appreiciates, lease what doesn't = LEASE!!!

Only downfalls to the lease are:

1) You don't own anything after a few years
2) You go over the miles = big bucks

Advantages:
1) Payment will be less
2) New car ever 3 years!!!!

NOTE: If you go over, you can always negotiate your way out of it if you lease another vehicle from the same company (or you can buy it after the lease is up). I just got done with a lease and I was 15,000 miles over. Turns out the buy back price was about $6000 less that what they were selling for used so the dealer "bought" it from me and I got a new Honda Pilot.
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