Leasing is pretty much a tactful way of saying, “I’m driving a car I can’t afford to buy,” but without having to swallow your pride. It makes for a great show, but when all is said and done, you own nothing. Hence, lease rates are carefully crafted to be attractive in the short term while not enticing enough to deter potential buyers from the benefits of new-car ownership. If you have the means, it’s almost always better to buy as you end up owning the car. But that delicate balance was shaken when automakers (and creditors alike) were making something of a last-ditch attempt to combat a collapsing economy a few years back. Leases were absurdly cheap, and even if your credit was bad, you were in.
Keep Reading: Lease-Swapping Websites - Feature
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