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Reply to "Am I a sucker for leasing all of our family cars?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Each time I've used a lease vs buy calculator for my mercedes, leasing was the better deal. Some people are not interested in keeping cars for 12 years. A 12 year old car right now has no bluetooth, no lane changing sensors, no rear view camera, etc. Those may not be important to you, but they are to me. There are situations where leasing is a bad deal but not always.[/quote] +1 I spend 1.5 hours in my car each day. I prefer to enjoy my time.[/quote] Of course leasing is cheaper than financing. That’s different than paying cash.[/quote] So you are agreeing that leasing is a good idea if people can't afford to pay cash up front? What if the dealership is offering 0% financing? Does that make financing and cash equivalent? What if the 0% offer is good for leases in addition to (or instead of) purchases? Does that make leasing and cash equivalent? These are all essentially equivalent transactions, it just depends on how long you want to keep your car and what kind of deal you can get for your car.[/quote]
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