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Old 08-04-2014, 02:30 PM  
2MuchMark
Too lazy to set a custom title
 
Industry Role:
Join Date: Aug 2004
Location: Canada
Posts: 50,049
Quote:
Originally Posted by brassmonkey View Post
just leased a car
Leasing is a very smart idea especially if you like to always drive new cars or plan to replace the car after a few years. You finance roughly half of the cars value instead of the full amount, and then trade it in or give it back when the lease is up.

If you're careful and are a good at selling, you can sell your car for more than the residual buyback value, so you walk away with cash at the end of the lease, or, use that cash as a deposit on the next car.
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