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Car was leased by my business originally, but I want to cut business expenses, and I pay a good bit of tax on the personal use of the car.
What's done is done with the lease. Car MSRP for like 58k, and in April of 08 I got like 1000 off MSRP for the lease.....not a great deal, but not so bad at the time.
But now I look at the car, and it drives as good as new, but is not a new car....so I don't worry about it or anything. Thing is I figure is that if I buy it for below current wholesale value.....then I can drive it and enjoy it, and barring catastrophic faillure----that I can get rid rid of it at any time and not take a financial hit.
I originally paid 929(that's with tax for a 15,000 lease with 4,800 out of pocket which included first payment....no security....and I did happen to get out of a STI that I owned that wasn't quite paid off at the time.
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