DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Louthcoombutt** · 03-16-2009, 07:32 PM

Actually Aces, I would say LEASE a vehicle because you normally spend less money in the long run and everything is under warranty

According to Consumer Reports, leasing a vehicle is almost always the most expensive way to buy a vehicle.

http://www.consumerreports.org/cro/c...leasing_ov.htm

"Leasing is rarely a better financial arrangement than buying. The financial advantage of buying increases the longer you keep the vehicle after the loan is paid off."

It seldom makes sense to buy brand new and take all that depreciation when you can buy just barely used & still have the factory warranty. I personally have found it most advantageous to buy a 5-6 year old vehicle & pay cash for it. No payments, few maintenance issues when you buy a good vehicle, and it still looks pretty new.

03-16-2009, 07:32 PM	#10
Louthcoombutt Join Date Oct 2005 Posts 498 Senior Member	Actually Aces, I would say LEASE a vehicle because you normally spend less money in the long run and everything is under warranty According to Consumer Reports, leasing a vehicle is almost always the most expensive way to buy a vehicle. http://www.consumerreports.org/cro/c...leasing_ov.htm "Leasing is rarely a better financial arrangement than buying. The financial advantage of buying increases the longer you keep the vehicle after the loan is paid off." It seldom makes sense to buy brand new and take all that depreciation when you can buy just barely used & still have the factory warranty. I personally have found it most advantageous to buy a 5-6 year old vehicle & pay cash for it. No payments, few maintenance issues when you buy a good vehicle, and it still looks pretty new.
	Quote