Had a couple high level financial folks use the rule that if the asset is an appreciating asset...buy it. If it is a depreciating asset.....lease it. All dependent on your personal cash flow and availability of course. I stopped leasing when I started keeping cars longer than 3 years. Because I put a lot of miles on a car I also had the mileage increased in the contract. It has been a long time so I don't have a clue what what the contracts are these days but have a couple neighbors that do lease.
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No one believes the truth when the lie is more interesting
Berks County Pennsylvania
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