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Cars and Transportation
Reply to "When is leasing better than buying?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Depends on the interest rate implied by your lease and what you do with the money you didn’t use to buy the car. If you invest it in something that returns more than the lease rate than yes. [/quote] Right, so if I lease for the next three years, while interest rates are high and invest the savings on my car payment, and then in three years when I purchased the residual car, I can finance at a lower rate since rates are dropping aggregate costs, maybe lower[/quote] I guess but you pay taxes whenever you buy or lease. With cars costing upwards of $80-$90k the Amare tax is not insignificant. [/quote]
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