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Money and Finances
Reply to "controversial opinion: money & finances edition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People (other than business owners) who lease cars like to waste money[/quote] Not really. Or at all. People who buy new cars outright pay the lease too. Only for them it's called depreciation and comes out of their net worth instead of their income. Leasers pay the depreciation too and have the benefit of tens of thousands of dollars being tied up in a depreciating, non productive asset. There are a[b] lot[/b] of people, here especially who really have no clue about finance (you included)[/quote] Your math falls apart once I own the vehicle outright and you're still paying for a car you'll never own.[/quote] Hint: your asset has lost half of it's value and will continue to lose value until its only value is as scrap metal. Not paying it as a lease so all right though :roll: [/quote]
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