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Out of context: Reply #73258
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Is leasing a car, a bad idea?
- Good idea.monospaced
- Bad idea********
- most expensive way to get a car.capn_ron
- It's cheaper, actually. No down payment, monthly payments are lower than if you purchase, and in the end you can buy your own used car.monospaced
- I did that with my current car and if I had purchased instead of leased, I would have paid more every month for the same thing.monospaced
- A good idea with bad intentions.utopian
- Buy Bitcoin, borrow against it to pay for car... profit.shapesalad
- If you are a business, I think you can write off 100% of a lease payment. You have to depreciate a purchase over X years. So there's that.monNom
- Are you a freelancer/DBA/S-COR... Full tax deduction.ArmandoEstrada
- I think you always must pay more for a lease than to buy outright. Plus a lease has all sorts of mileage limitations and mandatory services that you must domonNom
- Case in point: my sister leased a car for 5 years, drove way over the allowed mileage and her buyout was close to the purchase price of the car when new.monNom
- depends on your circumstances, the purpose of the vehicle and whether or not you have the self control to not beat the shit out of a car over 5 yearsPonyBoy
- With rising inflation buying a car is a good decision. You car is an asset that will depreciate much less today than yesteryear.hotroddy
- i haven't had a car payment since 2000GuyFawkes
- <this. Sort of. Used cars have gotten way more expensive. I suspect new car prices are rising too, so expect to pay up.monNom
- what ponyboy said. you got kids? they'll puke in the seatscherub
- Terrible for the environment.i_monk
- it's a trap!stoplying
- Why is it worse for the environment than buying?CyBrainX
- Driving is terrible for the environment.i_monk
- A personal steam locomotive is much worse.monNom
- mono is rightcanoe
- Been carless for 6 years and never going back!sarahfailin