Thread: Lease or Buy?
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Old 08-31-2006, 10:37 AM   #8 (permalink)
The_Jazz
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Quote:
Originally Posted by Cynthetiq
what happens at the end of 2-3 years? she walks? you lease another vehicle?

again, it's just renting a vehicle. If you don't want to own or have the vehicle as an asset, then leasing your way of "renting" long term. Maybe you should look into a long term rental, some places now do this and you can rent a car and change it every week if you like...
Yep, at the end of 2-3 years, we either walk completely, buy the car at a greatly reduced price or lease a new car from the same dealer. I have never viewed cars as a true "asset" since they only appreciate in value in very rare circumstances. I don't like the renting option because of the kid and the fact that I'd have to be swapping out car seats whenever she wants a new ride.
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