Quote:
Originally Posted by Ken / Claudia
No experience on leasing a TV. But, you say you would be leasing as the leases expire. Check the cost of the 1st lease times by 3. Figure the cost of having those 3 vehicles. Than look at cost of same vehicle purchased instead and making payments until paid off. Figure costs of each way you did it and ask if it was worth it. A low mileage well cared for truck in 6 years could be worth a lot of money. When I checked into leasing a car for 2 years or buying, I bought it making payments about 15 more a month than a lease and I owned and sold that car later.
Best deals I have ever made where buying 2 year old lease returned vehicles. I did that on 2 fords. As I recall I got what was left on the factory warranties. That was in 2000 and 2003.
|
The last 4 trucks I have bought were lease returns. The current one was 6 months old and had under 8k miles on it. Full 5 year factory warranty less the 6 months. Sticker cost $69k cdn. my cost $43k cdn. (all in out the door).
As Ken and others have posted buying is the best bet in the long term. YMMV