Posted by The Famous Grouse on September 11, 2017 at 09:22:56 from (71.220.8.90):
In Reply to: Leasing posted by 41106 on September 07, 2017 at 20:31:35:
Quoting Removed, click Modern View to see
This^^^.
Leasing only makes financial sense if you fit the EXACT profile where leasing has advantages. Outside of that profile, there are no financial advantages to leasing.
Leasing works if you:
- Buy a new (new-new, not new to you) vehicle every 2-3 years.
- ALWAYS stay under the allocated miles.
- Are in a tax situation where the full benefits of leasing are reaized (almost always because of exclusive business use of the vehicle).
- Benefit from having no maintainance or repairs that cost money and take the vehicle off line.
Very, very few personal vehicle owners fit this profile, so leasing is nearly always a bad idea for personal vehicle owners who do not use the vehicle for business.
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Today's Featured Article - Tractor Profile: Silver King - by Staff. Silver King tractors were produced by the Fate-Root-Heath Company of Plymouth, Ohio. The company was founded by John Fate in 1884 and was originally called the "J.D. Fate Company". After several mergers over the years, the final company name of Fate-Root-Heath came about in 1919. The first tractor produced was actually called the "Plymouth" tractor and was powered by a 20 HP 4-cylinder engine with a 3x4" bore and stroke. The four speed transmission had a top speed of 25 mph! After more t
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