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Steve Carlton Steve Carlton is online now
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Join Date: Aug 2003
Location: SF east bay
Posts: 25,454
Funny how you guys blame leases for negative equity situations, when the reason is little/no principal has been paid in the first place. The car is worth the same regardless of how it's financed. Bumper would have been out all of the sales tax had he bought it in addition to the principal loss. With a lease, he only paid the tax on his initial downpayment (if any) plus the tax on his 6 payments.
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Old 07-01-2006, 07:09 AM
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