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It depends on a multitude of factors, to figure out what is the effective cost vs. owning.
Do either of you two own a business where you can register the vehicle in the business name and deduct the entire payment?
In your state, is the sales tax charged on the entire price of the vehicle, or only on the lease terms?
What is the manufacturer declaring is the depreciation of the vehicle, for 3, 4, or 5 years, and can you accurately estimate her mileage per year?
What is the cost for mileage overages?
If the vehicle is in an accident and repaired, are you liable for diminished value? What happens if the vehicle is totaled? is it forgiven?
What is the money factor? What is it with your credit score?
Do you know that you negotiate the price of the vehicle, and that lease offers are based on full msrp? For a lease special, can you negotiate a better rate?
Would you plan on keeping the vehicle after?
The trade in simply reduces the amount of the payment. remember, all those lease offers on tv do not include taxes, tags, title, and still require an upfront payment.
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