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What are the pros and cons of leasing a car?


Trying to determine, instead of buying a car, does it make sense to lease and not buy outright.

 

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Efficient Admin profile image95

Efficient Admin says

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5 years ago
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  • Rock_nj profile image

    John Coviello (Rock_nj) 5 years ago

    The difference between buying a car and buying a house is that a car depreciates in value over time from wear and tear and eventually becomes worthless, whereas a house should appreciate in price over time if it is kept in good order (normal times).