Quote:
"Next you're going to tell me leasing a sports car ISN'T a good investment!" - Tracey Jordan (30 Rock)
Depends on what you lease. If you had leased a Ferrari Enzo when they were first introduced, you would be up a few $100k.
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If it's actually appreciated in value a couple of hundred grand, the dealership would probably find wiggle room in the lease agreement to adjust the purchase option to market value. After all, they draft the contracts in the way that favors them at every turn.