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Originally Posted by chadglni
Leasing is retarded, yes you can deduct the full lease payment but when you buy you OWN THE FUCKING CAR! The only time you want to lease vs buy is when you plan on swapping cars every 3 years for as long as you live.
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You know better than that man...you only OWN the car after you've made the final payment to the bank.
After 4 years of payments you spent $30k on your $20k ride that's now worth $10k if you're lucky.
Very few people pay for the car in full when they drive it off the lot. Probably less than 2%.
I worked in car sales during the summer while in collage. In the two years I did this, I didn't deal with a single person who paid in full.