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Reply to "How much does it cost to lease a minivan?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]don't lease!! it's a waste of money. buy. cars depreciate over time - you may as well own the car when you've paid for it! bankrate.com has some calculators. [/quote] nonsense. you LEASE things that depreciate in value and BUY things that appreciate. $350/mo *12 * 2 = 8,400. no way you buy 1/3 of a new van with that money. with that said, don't lease (or buy) new cars. just buy (or lease if you can find a deal) used. [/quote] What's the capital cost reduction to get that payment? (I.e., the down payment)? What's the mileage allowance? What would it cost to buy at the end? What's the interest rate? What will they charge you to recondition the car when you turn it in? These are all very important questions that matter as much, if not more, than the monthly payment. Failing to know the answers makes you a sucker.[/quote]
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