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Reply to "Why do salespeople pushing leasing?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Lease rates: https://www.cartelligent.com/blog/which-car-brands-do-people-lease-or-buy [/quote] Wow that is really interest data. The tax code completely props up the luxury market - Audi, Mercedes, BMW. People lease because they can deduct the payments against the income of their business. If the US government eliminated the deductions for car lease payments - or capped the amount of the deduction - I think you'd see a radically different car market in this country.[/quote] Or, leasing is for people who want flash but don't have cash. Miami, not surprisingly, is the largest market for leased luxury vehicles. The leased vehicles that the SAHMs drive--not a business deduction. Companies that require driving for their employees will have leasing deals with dealerships. People who are buying for the latest technology, I can see the wisdom of leasing. But leasing a normal, luxury SUV for non-business purposes? It's a bad financial move.[/quote]
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