Quote:
Originally Posted by 'Cane
Depreciation on these cars is terrible, unless you plan on owning it a loooong time, lease it.
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I agree, I would advise anyone to lease a new car. After 3 years you will be about 10-15% difference between lease and buy. After 6 years with 2 back to back leases vs 1 buy car; you will be roughly equal but only one car vs two new. (Including fees, charges, and rates)
If you keep 7 years or more, you will slightly be ahead by purchasing.