Quote:
Originally Posted by Aalfred
Based on these reviews, maybe I should lease my car instead of financing this. Although, if Im paying $1100 /month for 3 yrs, thats close to $40K I pay in 3 yrs plus added cost upfront on the lease which might come up to 45K. I guess the drop in value might be the same if you finance or lease this car...either way, you are gonna lose money  |
...and god forbid you have a bad accident that results in a lot of body work, but the car is not declared a total loss, if you bought the car you now will no longer have a clean title and Carfax can have a report of the accident and work done.
If you lease, at the end...you just turn the car back in and the bank holding the lease is stuck with the damaged car.
We have gone thru at least 50+ cars in the last 20 years, and two times we bought. Never again! Also, with leasing you are not paying all the tax up front! Of course if you KNOW you are going to keep the car a long time and you don't care about an accident on the title, then buy!