On 10/14/2013 9:40 AM, Brooklyn1 wrote:
> On Sun, 13 Oct 2013 21:45:57 -0700, "Julie Bove"
> > wrote:
>
>>
>> "Ed Pawlowski" > wrote in message
>> ...
>>> On 10/13/2013 8:31 PM, Julie Bove wrote:
>>>
>>>> I have never had a new car nor could I ever afford one.
>>>
>>> Easier than you think to buy new. It may or may not be best for your
>>> situation, but you can get better interest rates on new cars and longer
>>> terms. If you keep cars for a long time it is a good value, even with
>>> depreciation.
>>
>> I can't afford a car payment at all. We are having to pay almost $400 a
>> month for my husband's car and I think that's just obscene!
>
> Lease payments are far more obscene... at the end of the lease you
> have nothing and need to begin RENTING all over again... 95% of the
> late model vehicles on the road today are leased/rented.
>
I agree, Sheldon! I don't understand leasing personal vehicles, either.
You have to put a downpayment of thousands of dollars, then pay them
every month, pay for maintenance (keep records!). You pay for it, but
in the end you own NOTHING. Uh, what?

I worked with a woman whose husband always leased their cars. I never
could figure out why.

Jill