Quote:
Originally Posted by uniqueMR
Leasing has been destroyed. I remember leasing was cheap and it was half the payment vs financing. Now there is hardly any difference with lease and finance payments  |
Agreed. I think manufactures and captive lenders screwed themselves by artificially jacking up the residuals to make leases so affordable.
I look at leases as simply a way to let me get out of a car in 2-3 years without being upside down. Its not any cheaper on a monthly cash flow basis than financing but given that cars are a depreciating asset, leases limit my liability.