On 10/15/2013 7:16 AM, jmcquown wrote:
> On 10/14/2013 9:40 AM, Brooklyn1 wrote:

>> 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.

You can lease a lot more car than you can afford to buy. Looks
good driving around in a pricey new car every few years.

When we leased a car, there was no down payment, aside from maybe
a few hundred dollars in fees or something. I really don't remember
the details, but I promise not thousands of dollars down.

nancy