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Reply to "Keeping up with the Jones, is this why they buy new cars so frequently?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They frequently have new cars because most luxury cars are leases that turn over. It’s a vicious cycle of always having to hand over a few thousand to start a new lease and always having a car payment. Then you turn it in and have to start all over. [/quote] Not just leases, [b]there are also tax advantages to buying new annually [/b]and every other year.[/quote] No there are not. [/quote]
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