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Join Date: Jul 2000
Location: Houston, Tejas
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Quote:
Originally Posted by onewhippedpuppy View Post
Why not just buy? It's hard to make the numbers work for a lease, you nearly always lose your ass.
It becomes a business expense, which comes out of pre-tax profit

Most of the people I know who have leased, have no idea how a lease works. I've been through the how to calculate the payment, but I know that "things" can be jiggered to make things come out anyway you want. I also know about the residual, and that if it is over esitmated, you can be liable for the difference.

I'm looking for practical advice on how not to get screwed in a lease.
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The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
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Old 07-06-2009, 01:59 PM
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