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[quote=Anonymous][quote=Anonymous]$350k HHI, drive a two year old Sienna paid with cash. Second car is a leased Audi provided by spouse's company. Keep in mind that a lot of luxury brands lease started leasing their cars for relatively "low" monthly payments several years ago because leasing it is such a huge money maker for them. For example, you can get a 3 series on lease for $300-400/month. I think it is very unwise to do so, but I also think that many people do it anyway. So a lot of the expensive cars you see may just be leased. [/quote] But... lease vs. buy is an equivalent monthly payment assuming the same length of ownership. So really what you're saying is don't buy new cars too often? Or are you another DCUM poster who doesn't understand finance[/quote]
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