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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]Leasing is a horrible deal for the consumer and a great deal for the dealership. Just looked up the Tahoe and even if you pay sticker price, that's 950/month if you qualify for 0% interest. SO lets do some simple math, 600*120=$72,000 for a decade of leasing Tahoe's. Meanwhile the cost of buying (at sticker) is only $57,000.[/quote] Did you calculate the time value of money for the $57,000 up front? (I don't lease, always pay cash, but I just wondered if this was truly apples to apples). [/quote]
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