Yep, I've got a guy that works for me that has always leased cars... He
gets bored with a vehicle so he looks forward to the end of his lease to
try something new. If you like a change every few years, leases might make
sense; but you have to watch your miles and keep the vehicle in excellent
shape! I know a few people that have been burned due to high miles (I
forget what they charge for every mile over the limit, but it can really
add up!) and/or damage that was pretty minor but cost them an arm and a leg
when they turned the car in.
T.
______________________________ Reply Separator _________________________________
Subject: Re: DML: Lease or Buy an R/T??
Author: <dakota-truck@buffnet.net> at smtpout
Date: 2/1/99 11:32 AM
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.
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