Comments on: Leasing VS Buying a Car http://raanan.com/2008/12/02/leasing-vs-buying-a-car/ all about the VIP Tue, 15 May 2012 05:06:59 +0000 hourly 1 http://wordpress.com/ By: Raanan Bar-Cohen http://raanan.com/2008/12/02/leasing-vs-buying-a-car/#comment-2749 Tue, 02 Dec 2008 19:09:59 +0000 http://raanan.wordpress.com/?p=37#comment-2749 @mike j –

good point, that car you buy today may actually be 100% worthless in a few years.

Another interesting point is the way the incentives work for auto dealers, they typically won’t lease used cars — which is too bad — I think it would be a good market and a cheap lease since the bulk of the depreciation happens in the first couple of years.

p.s. You should sign up for a gravatar so your comments will have a nice avatar next to them :) http://gravatar.com

]]> By: mike j http://raanan.com/2008/12/02/leasing-vs-buying-a-car/#comment-2748 Tue, 02 Dec 2008 18:27:36 +0000 http://raanan.wordpress.com/?p=37#comment-2748 great points and i agree. 2 points i’d add in “pros” – 1) depending on the car – hummer or other gas guzzling suv – you may not be able to sell it in 10 yrs; 2) you can negotiate the leasing price the same way you can the purchase price.

i leased my first car, an acadia, last year, and got it for invoice. provided i stay within the miles, can simply turn it in and not worry about reselling it

]]>