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To: Hot Tabasco

I did it once, never again.
The car depreciates faster than your payments pay down the lease. I ended up paying another 8k at the end.
Save yourself some grief/$$$ and buy a 2-3 year old model.


2 posted on 01/07/2013 1:24:18 PM PST by Zathras
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To: Zathras
I understand what you're saying but I'm wondering if location has anything to do with it.

I'm in the metro Detroit area and my neighbor recently turned in her Mercury Millan at the end of her lease and was given a Lincoln MKS, 2 year lease, 10k per year, for $300 per month and no down payment...........

I'm also looking at a 2013 Buick Regal Turbo being offered for $249 per month, 10k per year and -0- down........This lease amount, by the way, is consistant with an online payment calculator whereas the Honda lease was not.......

13 posted on 01/07/2013 1:41:45 PM PST by Hot Tabasco (Jab her with a harpoon.....)
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To: Zathras

It was only good if you owned your business.
No longer a good idea.
Free country.


22 posted on 01/07/2013 2:02:52 PM PST by Morris70
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To: Zathras

“I did it once, never again.
The car depreciates faster than your payments pay down the lease. I ended up paying another 8k at the end.”

What? That’s not right. The good thing about a lease is you don’t have to worry about depreciation. Unless you had an open end lease that are no longer in existence. Closed end leases have a “guaranteed future value” the residual that the lease co. is responsible for.


23 posted on 01/07/2013 2:07:05 PM PST by saleman (!!!!)
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