Quote:
Originally Posted by onewhippedpuppy
If you are buying new or nearly new cars every 2-3 years and financing them each time, then a lease probably makes sense. You are making a monthly payment, you're never going to actually own the car, why not reduce the monthly payment via leasing? If you never actually pay off the car then technically you're just renting it from the bank, it's never really yours.
If you plan on keeping it 10 years or can pay cash then it's a different story. No payments is nice, but my Audi is also 10 years old.  |
Leasing at 2.52% is better than paying cash. Even if you buy the lease out at the end and keep it forever.