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Reply to "Luxury SUVs - any to avoid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Luxury cars are meant to be leased even in today’s much changed leasing market with money factor snd residual. Costs of repair after 3 years can be daunting with the myriad electronic systems/sensors, adjustable suspensions, and the like. [/quote] I thought leasing was an unwise financial decision?[/quote] Of course it is. But so is buying a luxury SUV with the thought of keeping it for 7 years. Manufacturers have dropped incentives for leasing, pricing is at historic levels, money factor is climbing because of market conditions, and residual value isn’t keeping up. Forget about it unless you’re self employed or leasing through your business. [/quote]
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