Re: Why do people lease cars?
well I've been leasing for the last 8 to 10 years. Actually the monthly note is cheaper than buying. But the big stickler is the miles. I'm able to keep within the 12K limit so there's no hit for extra mileage when the lease is up. Another plus is your driving a brand new car every two years, warrenty covers everything.
When you buy a new car you take a huge hit as soon as you drive off the lot as far as the value of the car. And it's almost impossible to not have a payment of some kind for a car. So every couple years I step into a brand new vehicle. In fact I just picked up a 06 Dodge Ram 1500 quad cab with a hemi for just over $300 a month,with nothing down. This thing stickers at 35K, so leasing works for me.
“It isn’t the enemy that ruined America. It’s good people who bent over and let the enemy in. If the coyote’s in your living room pissing on your couch, it’s not the coyote’s fault. It’s your fault for not shooting him.” Uncle Ted