I'm not really interested in leasing, but that was a surprisingly interesting comparison that seemed to go into enough detail about both.
I did have some unanswered questions, but they link to a site comparing the actual financials of it which will answer many of them.
I still don't know if I am sold on leasing, and I still have a question about what happens if you got into a "serious" accident and wrote your leased car off?
In a traditional buy/loan car your insurance pays like 80% of the remaining on the loan (roughly). On a lease I have no idea how that would work.
I have no plans of leasing a car but I had plans of buying one. Still I had doubts. This articles somehow helped me through that huge decision. Great job with putting things into perspective for me.
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[ 1.5 ms ] story [ 16.8 ms ] threadI did have some unanswered questions, but they link to a site comparing the actual financials of it which will answer many of them.
I still don't know if I am sold on leasing, and I still have a question about what happens if you got into a "serious" accident and wrote your leased car off?
In a traditional buy/loan car your insurance pays like 80% of the remaining on the loan (roughly). On a lease I have no idea how that would work.