Anonymous
Post 01/19/2022 19:39     Subject: Re:Lease vs buy question

Even after 3 years, wouldnt you come out ahead if you sold? Or is depreciation that severe in that time frame?
Anonymous
Post 01/19/2022 19:35     Subject: Lease vs buy question

So they are about equal. But at the end of the loan period you own a car which has some value. It really just depends on whether you want to keep the car for that long.
Anonymous
Post 01/19/2022 18:24     Subject: Lease vs buy question

Well you are comparing it to a 6 year loan. Normal car loan is 60 Months, but yeah it makes much more sense to buy.
Anonymous
Post 01/19/2022 18:23     Subject: Lease vs buy question

I got a range of finance options on a car from a dealer. Havent decided whch way to go, but one oddity stood out. Does this make any sense? Car is $47k after taxes and all fees out the door.

No money down loan, 72 months @ 2.9% interest. Monthly payment $711

No money down lease, 10k miles, 36 months. Monthly payment $718

Why would anyone choose a lease in this scenario? Is it an error?