With a lease, the big thing that suckers people in is the fact they can have a nicer car than they could afford to purchase. With most leases, you pay about 3/4 of the price of the vehicle, and in the end after you pay hundreds of dollars per month for x years, you get nothing.
Because they are not paying for 100% of the car, the lease payment is lower than purchasing it. However, what people seemed to overlook is that they are paying for the new car depreciation, plus giving the lease company a profit. The price they pay with the miliage restrictions makes a car lease a really bad deal. Then the lease company gets a valueable low miliage used vehicle to sell in the end. You are forced to pay for everything to fix the car all up like new for the lease company, even down to excessive tire wear, or even scratches so they can sell it for maximum profit.
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Today's Featured Article - A Tractor's Point of View - by John Manley. I began my life on August 3,1941. I was actually built at different times and days but I was officially an M Farmall on August 3.I was real nice and shiny. That�s me, in the old picture, third from the left. I was loaded on that train and sent to a little town in South Carolina. I didn�t get to see much of that town. I was moved off the train fast and on to the dealer�s
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