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Reply to "$10k for used car for college kid? "
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[quote=Anonymous][quote=Anonymous]Leasing is the less risky option because your total car costs (besides gas) are fixed at $10k, while the used car could potentially cost more in repairs. [/quote] Yes, less risky but pretty much guaranteed to lose your ass. You are guaranteed to be out 10k in the span of 3yrs. A 10k Civic or Corolla will last a minimum 300k miles, which is about 15 years. [/quote]
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