2006-11-07 07:43:21 · 5 answers · asked by Tim B 2 in Cars & Transportation ➔ Buying & Selling
First of all, look at the out of pocket expenses for the 3 or so years ( including down payment and acquisition fee, fancy name for ' we're ripping you off some more' ). Cars depreciate alot, but not nearly as much as that out of pocket expense. Find a way to buy, and preferrably a car that is a couple years old with 20,000 miles. You'll be way ahead.
2006-11-07 10:19:29 · answer #1 · answered by Papa John 6 · 0⤊ 0⤋
Leases and loans are simply two different methods of automobile financing. One finances the use of a vehicle; the other finances the purchase of a vehicle. Each has its own benefits and drawbacks
2006-11-07 15:47:58 · answer #2 · answered by oklatom 7 · 0⤊ 0⤋
Leasing is almost always a mistake for individuals.
2006-11-07 16:26:51 · answer #3 · answered by ? 6 · 1⤊ 1⤋
It is awfully long to explain in this setting although it is a simple concept. Click on the link posted above and it should give you all of the necessary info.
2006-11-07 16:09:26 · answer #4 · answered by typhon1991 3 · 0⤊ 0⤋
learn how to do the math yourself....
the better you understand the calculation,
the cheaper your out of pocket expense will be.
2006-11-07 15:46:18 · answer #5 · answered by Anonymous · 1⤊ 0⤋