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89911 89911 is offline
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Join Date: Jan 2000
Posts: 6,950
You have to appreciate their honesty I guess. Anyone that buys a car and finances with little money down is always going to be upside down on the value/loan for most of the loan period. That is why I started leasing or buying a year or two old. If you buy a car and finance for 4 years you loan-value will be about equal in 3. If you lease for 3 years, you walk away from the car in 3 years also (granted your not a high milage user). The only difference is you payment with the lease is easily 25% or more cheaper on a monthly payment. I've never owned a car longer then 3 years (other then the 911), so if you can get over the "not owning" part of car leases, it make better sense financially. Sort of what this person is finding out.
Old 07-04-2005, 10:01 AM
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