Re:Master Plan, Part Deux
by HeyLaughingBoy on Thursday July 21, 2016 @04:01PM
(#12139613)
I'm not sure I understand. Are you saying it cost less to lease 5 cars over a 10-year period than to buy one and hold it?
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Not at all, but it was incredibly affordable considering that in 10 years I never had a car older than 2 years. There is zero maintenance other than a few oil changes. Like I said, the residuals were usually so high that the buy-out was not realistic. That kept the lease rate very low and made it unthinkable to keep it at the end.