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Cars and Transportation
Reply to "Am I a sucker for leasing all of our family cars?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]8:31 PP claiming the dealership “owns” the lease has no idea what they’re talking about. In a lease, the dealership (Koons Toyota) sells the car to Toyota Financial Services and you pay TFS every month for 36 months with the option to buy it out for the residual value at the end of the lease. You sign a buyer’s order with the dealership to buy the car from them and then the lease contract with the carmaker’s bank. The dealership gets a sale whether you buy it or lease it. [/quote] And this is relevant because???? You people are strangely obsessed with ownership and don't seem to get that some of us make enough money to afford to lease a new car every three years and who have no desire to drive around in a 12 year old Honda. No matter how cheap the insurance is.[/quote] It’s sad when people sign contracts and don’t understand them. Since you think leasing cars is best I guess that means you lease real estate.[/quote]
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