Quote:
Originally Posted by Bavarian Motorist
On another hand, if you buy a slightly used car, you might only lose several thousands dollars upon trade-in, whereas with a lease, you're guaranteed to lose all of the money you put in, like renting an apartment.
So is it worth it to pay $25,000 for a lease, or pay $50k for a used car and effectively only spend $10k? Of course you could lose more on trade-in which makes leasing more attractive.
Just a thought...
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You can always purchase the vehicle at the end of the lease for usually a very good price. If you want a brand new upgraded model of a car you're either paying cash or leasing it.
Knew a gal that bought a brand new Boxster S three years ago for $68,000... cash on the barrel head. After just 14 months she tired of it but her highest offer was only $50K when attempting to sell.
