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What?!?!
Join Date: Mar 2002
Location: Could be either Blountville Tenn or Mesa Az
Posts: 4,541
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Ever wonder why dealers are always pushing the lease thing so much? It's the MOST expensive way for the average consumer to get a car. There are tons more average consumers than "business types" for which its beneficial.
My company provides me with a vehicle leased through GE Fleet. I put a butt-load of miles on it and all maintenance/repair is taken care of by fleet. The MRI scanners I maintain CANNOT be held up by car problems. It makes sense for a company as big as GE to lease by the hundreds.
Leasing can have a "sophisticated" apeal to the average consumer and they almost always go over the allotted miles, and at turn in have to pay a heavy fee. The buy option is NEVER worth it. They want more than dealer retail.
The low payments are just to get you in it, then you're hooked by all the "Got'chas".
Please research extensively before you get into this. Be certain it makes long term financial sense to your situation.
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