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Old 07-06-2013, 04:19 PM   #27
kALMIGHTY
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Join Date: Nov 2012
Drives: TRD Ultramarine '13
Location: Calgary
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Quote:
Originally Posted by AznBRZer View Post
Are you telling us that you just leased a car for 5 years?
Yeah I did. I'm not sure yet if I'm going to keep it for longer than 5 years, and I can buy it out at the end if I really do want to keep it. No one in my family has ever just bought out a car, and it's been fine.
For example, my mom's 2008 Civic's lease just ended last month, and the buy out was $7,500. My mom wanted to keep it so we paid that and now it's ours. You might think it was pointless to lease it in the first place then, but think about it this way. We paid lower monthly payments for 5 years on the car than financing, and bought the car for $7500, but we could still make more money off it by selling it ourselves now since the same used Civics right now are about $12,000 here, so we could make that money if we wanted.

The buy out at the end of the lease for the FR-S is about $11,400 but the actual price of a used 2013 FR-S in 5 years is probably going to be around the $15,000 or $16,000 mark.
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