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Originally Posted by Shok
you dont think someone who is single can affoard a $1500 month lease note?
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It's not up to the person, it's up to the lender/leasor (bank). Even if you have excellent credit, the bank will still take into consideration a number of other things. They will want to see signs of stability: marriage, owning/buying your home (not renting), job stability, etc. They will also analyze your income-to-debt ratio; and 80K/yr before expenses won't cut it. The leases you see advertised @ $1500-$2000/mo require a fairly significant deposit. Also, if you lease, you will have ZERO equity in the vehicle.
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Originally Posted by Shok
I guess it depends on where you live as well.
In Texas I can buy a 4k sqft. home for 300k
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Depends, what part of Texas? In Austin, that won't buy you 3k sqft.
