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Cars and Transportation
Reply to "leasing vs buying"
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[quote=Anonymous]Most people will drive a car for longer than three years. So the money you spent on that car should really be spread out over the entire time you could own the car. If you drove it for 10 years, it would be $2,600/year (plus repairs, etc.) Leasing is probably good for people who only plan to drive a car for 2-3 years and don't expect to have money for a down payment at the end of it. I would consider leasing if I was short on money now, needed a newer car and knew my income would be higher (or other expenses lower) in 3 years. (I'm a person who buys nice cars and drives them forever. I'm still driving my 2004 Acura.) [/quote]
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