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Old 06-30-2011, 03:04 PM
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Bill-n-Brillo Bill-n-Brillo is offline
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Quote:
Originally Posted by michaelmangione View Post
I think leasing a golf cart would be a good idea if the lease included a yearly check up and service for the term of the lease at no additional cost. Also if the cost of the lease was calculated by the depreciation estimate of the cart over the term of the lease the cost may not be that steep.
Mike, I've never known of a lease on anything where the actual terms of the lease include an annual check up and service. I've seen new autos offered with all regular service work for a designated period of time included as part of the deal but that's offered by the manufacturer, not the leasing company. And if the service, etc. WAS to be included as part of the lease, you've just gotta know that it's going to be reflected in the monthly lease payment, probably to a level that's not very favorable for the lessee - the leasing company is going to protect their interest!

I've know a fellow in TV who works for a small company that rents golf carts there. He says most of their current fleet of carts is leased........and that they (the lessee) are responsible for all maintenance, repairs, etc. for the length of the leases.

If you can buy a used cart right that's in pretty good shape, I'd think you could get a good percentage of your money back after using it for a year or two. JMHO!

Bill