Reply to Am I a sucker for leasing all of our family cars?

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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]Unless you can write off the payments for taxes there is NEVER an prudent financial reason to lease versus buy. The other reasons - wanting a new car every 3 years, feeling the need to resize as kids grow, not being able to plan a budget well enough to purchase - are all valid reasons, they're just not reasons that make pure financial sense.[/quote]

I like the peace of mind. And yes, we like having new cars, but never having car trouble is so nice. Never buying brakes, tires, etc. or visiting a service center. New cars are safer too with latest tech, new tires, perfect brakes, new safety features. With onstar we can track the cars and there's teen driving features to set MPH limits, etc.

I think leasing is bad when you get ripped off and lease something that doesn't lease well, but General Motors throws a lot of money at their leases to make the payments cheaper than they ought to be.[/quote]

GM does this because they have a high rate of depreciation. You are either stroll car salesman or an idiot. Probably both [/quote]

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