Quote:
Originally Posted by ideliver
Sorry for the confusion...i see where my post seems to make no sense...
If he only wants the car for 2 or 3 years...lease, but he should hold onto his cash and make a small down payment
The second part of my post is argueing for purchase...I am purchasing mine because I think the car will still have value to me in 5 years...and I am not concerned about the depreciation..
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Agree. I figured you missed his desire to only have the car 2-3 years.
My advice still is that if you think 2-4 years is how long you will want the car, than either leasing or financing makes sense depending on which has the best rates and what risk/hassle you are willing to take. I would recommend the OP put as little down as he can to obtain a loan around 5%. The lease factors suck!