Originally Posted by TC (Houston)
Originally Posted by sns23
I suggest you are. Leasing cost over 3 years was 26k. Depreciation over first three years was 7-12 k. Much better deal to buy and sell, and only lose the depreciation.
I'm guessing we are talking about a ~$50k car here, and you think it only depreciated $7-12k in 3 years?
Also, as you and I both know TC, many lease programs are actually inflating the residual, so many times you experience less depreciation costs over a lease vs. the person that buys the same vehicle.