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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,887
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Leasing never made "pencil out" sense to me. But then, no biz tax write off for me, so it might make sense in Craig's case. Only a CPA would know for sure.
Craig's wife sounds like Cindy..her '16 Toyota LE, bought new when the 17's were arriving. now has a hair over 11,000 on it's odo. Definitely an appliance car, but it does have air, power windows & seats, things only seen on luxury cars not all that many years ago. Easy to drive & park, large trunk, room for four. A damned well thought out sedan design. Think the check was under $20,000, licensed & out the door.
It's been a very serviceable appliance, with zero problems...too bad Craig's wife doesn't like it...probably the best financial move would be to buy it at lease end and keep driving it.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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