Quote:
Originally Posted by Ace01
That is about right. That is why you lease so you don't take it in the ass.
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How does leasing help? You still have to pay for all that depreciation over the first 2-3 years and the lease payment will reflect that. That is why it costs $600 per month to lease an SS.
Leasing would only help if the bank figures the residual value of the vehicle much higher than what the market value winds up being 3 years later. However, the 54-58% 36 month residuals I have seen will probably be pretty close.