Quote:
Originally Posted by Alfisti
They also make a profit out of financing, so unless you're paying cash it jus comes down to the terms. I am generally not in favour of leasing because it tends to lead to folks paying for huge depreciation every 3 to 4 years but it has it's advantages. The first, as in our case, is it keeps the tax man happy as there are no arguments re. depreciated value. Secondly, finance rates are and terms are sometimes better than buying and third, if there is an accident, you don't take the hit on value after a repair.
So leasing to own is one thing and leasing perpetually is another.
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I dunno man. I prefer to buy outright. Leasing is too complicated and worse than financing in most cases simply because it's like renting usually.