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Old 12-11-07, 08:00   #26 (permalink)
Ambrosia
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Re: Leasing vs. Owning

Quote:
Originally Posted by ricka
After buying all my cars, keeping them for 10+years each and loving no car payments after the term, I decided to lease the latest one.

One part was because car designs run about five year life cycles and get pretty stale.

Two, the cars (while pretty reliable) do get the very expensive maintenance costs.

Three, I decided to ramp up a bit on the latest ride but wanted to stay under warranty. I even added the extra cost for 20,000 miles per year. And the monthly costs were still significantly less than buying. Love the Audi and other German rides are great but the maintenance bills can be quite the buzz kill.

Oh, those can't miss lease deals on TV normally require a decent payment due at signing and the mileage limits are 10k a year. The fine print is where all the reality is...
Great info guys, so overall do you like the lease better?
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