Reply To: Exorbitant number of auto leasing companies

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Meno
Participant

Sure there is. If you plan on buying a new car and then selling it after a few years, you would often be better off leasing. When you lease a car, the total you end up paying is basically the depreciation of the car over the term of the lease. If you buy a car and sell it, there’s no guarantee that you’ll sell it for what it’s worth, so you end up losing. And this is even more true if you can’t afford the car and have to finance it anyway.