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Originally Posted by AutoGuide.com View Post
If you like a new car every few years leasing can be a good option on the right vehicle. When you shop for a lease you shop forthe good deal, not the vehicle. You can't really be brand loyal.
I leased 2019 Camay for a family car. Every few years I change out my family car. The last family car was an Acadia. I bought it. I paid all the tax and finance on an entire car that I had no intention on keeping. With leasing you pay tax and finance only on the mount you lease.
When you lease you pay for a portion. I will have the Camay for 3 years. It is a 34k (MSRP) car, I will pay about 17 total for the car to use for three years. I will be able to buy it out for about 17K. I have no intention to buy it. Dealer trade in will be about 16-17k if history of Camay resale value stays true. I will probably have a $1500 mileage penalty at the end of the lease if I turn it in. I may be close to trade in value at the end of my lease.
You have to lease the right vehicle. It has to have a high residual (resale value).
You can negotiate a lease just like you can a purchase. Some vehicles have good incentives even for leasing.
99 XJ33sWinch,Electric locker up front,4.56s,4.0Auto
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