Talk of The Villages Florida - View Single Post - Leased Vehicle Purchase
Thread: Leased Vehicle Purchase
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Old 03-01-2022, 06:06 PM
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Originally Posted by Topspinmo View Post
I never understood leasing. I paid 19,500 ( I didn’t pay sticker which was 23,900. ) price for my 12 year old car new. If I leased all those years the cost would be 55K plus. Not including down payments on leases. Now my car worth around 12K, so that’s about 7500 for 12 years deprecation. 12k form 55K heck lot money to me. For 12 years I have NO car payment. Again I just don’t understand leasing unless I would be totally clueless on how to take care of vehicle ������?
Leasing makes sense if you are the type who wants a new car every so often. Nobody in their right mind would lease a car for longer than three years.
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