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Reply to "Lease car buyout question "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Reason #472 why I will never lease a car.[/quote] Why? It's been great for us. Maybe not for everyone, but we see lots of benefits. [/quote] Having it no longer suits you and you don't know how to get out. if you own the car you sell it whenever you feel like it. Sooner, later, totally up to you. Leasing cars is for people who have cash flow but little to no assets.[/quote] OP is kind of an edge case (interstate move as the lease is coming up) and you answered a question that nobody asked but I will indulge you. If you're the type who will buy a Honda and drive it for 15 years then leasing is not a good option. If you don't understand that some people enjoy driving and want a nicer car then stop reading here. If you want a higher-end European car and drive a predictable number of miles each year, leasing provides a fixed payment on a car that is 100% under-warranty your entire use period. At the end you have a fixed buyout figure or you can simply return it to the dealership and wash your hands of it. Additionally, you don't have it long enough to need to pay for major consumables like tires or brakes.[/quote]
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