Leasing or buying a car

[savman]

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i bought my car in full, cash. best way to go.

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if u hate money. automobile financing is so favorable right now i would question nearly anyone who doenst finance the entire amount of their automobile; that is, assuming one has adequate credit. someone asked me why i dont pay off my student loans (which i have locked in at like 3 percent) to which i replied, "or i could just light some money on fire." Leasing can be optimal in some situations, but if you are young, male, and do not use your automobile for your main source of income, i would suggest keeping what you have, or financing a new/used vehicle and plan on driving it until the wheels fall off. then put new wheels on it. generally speaking, automobiles are an enormous waste of money.

[Jimbo]

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I don't know where the idea that insurance is more expensive on a lease comes from. Maybe it is different in other states but I doubt it.

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All leasing companies require a minimum deductible and a higher than normal Liability requirement. These requirements are often higher than those that are the minimums acceptble prescribed by law in that particular state.

[Dave Mac]

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i bought my car in full, cash. best way to go.

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unless you want a decent credit history