Mike Crumley wrote:
>
> At 04:02 PM 1/31/99 , you wrote:
>
> >Leases are for people who absolutely cannot afford the payments of a
> >"purchase".
>
> Not necessarily. Depending on the individual circumstances, there may be
> significant advantages to leasing (people who trade in their vehicle every
> few years instead of keeping it for an extended period, for example). Lease
> payments are not necessarily lower than payments for buyers either.
> Especially when you consider the down payment that's always required for a
> lease. I see way too many high income executive types driving leased
> vehicles to accept your conclusion.
>
> Mike Crumley 97 V6 Auto
> mail to: mcrumley@airmail.net
>
> Life's a bitch, and life's got lots of sisters.
Mike, you may be missing something on the executive lease. Many times
corp.s give an auto as a perk, and as a dual purpose, they can write off
the lease. However as an individual you can't write it off, so you may
as well buy. Alan S.
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