Quote:
Originally Posted by neohh
Even without the tax benefits, you will have to factor in the cost of capital in buy vs lease. For example, the $115k you paid up front comes with an opportunity cost as you can invest it in safe investment and earn 4%-6% easily. I would say the savings would be marginal.
That being said I chose to buy the car simply because I like owning my car and not worry about the dealership. Not for financial reason per se.
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4-6% wow, I'd be lucky to find 2% over here