5 Factors in the Buy-or-Lease Decision

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$420/mo for 4 yrs. Ouch.
Leases. Very bad idea. Save more each month until you have a big down payment. Or you can pay cash. Then buy something that's 1 or 2 years old and dealer certified.
And you need to consider the total 5 yr cost of ownership, not just financing. Sticker price, depreciation, insurance, maintenance and repairs, and gas. This information is easily available free and online.

Don of MD 12:16AM September 03, 2011

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