12-15-2011, 01:22 PM
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#30
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Join Date: Nov 2011
Drives: '13 FR-S '12 CBR1000RR
Location: Irvine, CA
Posts: 1,038
Thanks: 305
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Mentioned: 22 Post(s)
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Quote:
Originally Posted by Swancoat
Uh, you're still paying for the depreciation. Unless the residual on this thing is MSRP...
The true advantage to leasing is the put option on the car. If for some reason, these things depreciate like crazy, and the resale gets slaughtered (more than Scion estimates by their residual), you have the option to walk away, paying only the depreciation that was expected at sales time. But nothing's free, and you pay for that option too (in the lease rate or possibly understated residual).
For the record, I'm buying. I don't really have a financial buy vs. lease argument though. I want to modify this car and track it, which I don't think will be very lease friendly.
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This, although I do not plan on modding the car; It is inevitable. If my track record with cars speaks for me.
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