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mgatepi mgatepi is online now
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Join Date: Mar 2007
Location: Ohio
Posts: 1,620
We usually lease my wifes car. Does it make Fiscal sense, no, but she likes a new car and I dont have to take care of it. Warranty and free oil changes = no worries. We know exactly what the car costs us each year. As for lease end, over the years we have actually built up some equity. In other wods the buy out cost of the lease is much lower than the value of the car. I then use this in my negotiating with the dealer on the new lease. For our last Lexus lease end this amount was $8,000 for which we put "down" on the new Lexus. I am sure we will do the same for the next.
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2013 911 Turbo S
2025 Lexus TX350, 2024 Honda CRV Hybrid
1930 Cadillac V8, 1991 Ford F250,
2023 Chevy Colorado
And some garage space....
Old 01-16-2026, 08:47 AM
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