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Buying vs. Leasing
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<blockquote data-quote="martinslanding" data-source="post: 163288" data-attributes="member: 277"><p>The vehicle still needs to hold its value until the end of the lease…example: pretty much any Subaru, Honda Accord, Toyota 4runner…should all be worth more at the end of the lease…provided everything above happens too…but try this on a Chevy Tahoe, Dodge Durango or regular ½ ton pickup and you will owe money…so the upside/down doesn’t apply to all vehicles</p><p></p><p></p><p>We have bought new, leased and bought used.</p><p>I can honestly say for us gently used is the best option then dive it 5-6 years try keeping it under 100k for miles then trade it back in when it still has value…</p><p>…about the only benefit to buying new is you can usually get exactly what you want without any headache</p><p>…gently used ( a vehicle that’s 2-3 years old still under 30K miles) is out there, just a lot harder to find and find exactly what you want…if you are patient you will find the right deal</p><p>…lease…may work in some scenarios just not ours…and definitely pay attention to “all” the wording in the lease, come buy back time</p></blockquote><p></p>
[QUOTE="martinslanding, post: 163288, member: 277"] The vehicle still needs to hold its value until the end of the lease…example: pretty much any Subaru, Honda Accord, Toyota 4runner…should all be worth more at the end of the lease…provided everything above happens too…but try this on a Chevy Tahoe, Dodge Durango or regular ½ ton pickup and you will owe money…so the upside/down doesn’t apply to all vehicles We have bought new, leased and bought used. I can honestly say for us gently used is the best option then dive it 5-6 years try keeping it under 100k for miles then trade it back in when it still has value… …about the only benefit to buying new is you can usually get exactly what you want without any headache …gently used ( a vehicle that’s 2-3 years old still under 30K miles) is out there, just a lot harder to find and find exactly what you want…if you are patient you will find the right deal …lease…may work in some scenarios just not ours…and definitely pay attention to “all” the wording in the lease, come buy back time [/QUOTE]
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