uconndoug78
HayekBoy
uconndoug78

So if purchasing the car costs $25,000 and you can lease it for $1,000 per year for three years you’d rather buy?  Obviously it’s an unrealistic example, but unless you run the actual numbers you can’t say what’s best. Whether “it’s yours forever” is irrelevant. 

Yes, they’re making up the time value of money (i.e. interest). But that’s not an added cost to you. If you buy a car, your money is tied up and you’re paying that time value of money directly.

Are OEM’s that sell cars to buyers in the business of losing money?

Yes, buying newer cars with better safety features is immature.  

Your comments are asinine. There are plenty of times leasing is better.  Especially if you’ll hold the car for a short time: four years or less. You’ll pay a lot less in sales tax. And are you seriously arguing that if you buy you don’t pay for depreciation? If you buy a car for $25,000 and sell it 10 years later for

How can this article not mention sales tax as part of the discussion? If you are going to keep the car for a short time you’ll pay a lot less in sales tax if you lease.

You need to find new financial planners.  If you are going to keep the car for a short period you’ll pay a lot less in sales tax. And dealer/OEM incentives can be very different on leases and purchases. 

And teachers are paid well and can be fired for incompetence. Contrast that with NYC schools where DeBlasio just ordered that schools have to take on teachers that have been deemed substandard and no school wants to employ, but the union contract won’t allow to be fired. That’s $150 million per year. A lot of