Quote:
Originally Posted by dubbrand
You can buy the car at the end of the lease and negotiate that price before you lease it. So at the end of your lease you're buying a "used" car and paying taxes and fees on a used car vs new which is much cheaper.
Have you ever rented an apartment or house or do you just buy a home whenever you move?
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Selling a home is quite a bit harder to do on a whim so not quite comparable, but I see what you are getting at and yes, I feel renting a home is a waste of money as well - but it's the only option sometimes for short term. Rent for $2k/mo for a couple years vs buying a house you could take a hit in the tens of thousands of dollars and still be better off than having rented. If I could have, I would have bought every time.
I still maintain that buying a certified pre owned (used) is a much better move financially. There are constantly people trading in cars with only a couple thousand miles on them because they can't afford them or decided they don't like the car. Even buying new leftover previous model year cars can be cheaper than leasing..