Oct 14, 2023 · If you typically buy a new car with a car loan, then leasing is functionally the same thing but with many of the costs paid pre-tax, plus the GST is refunded. A new car experiences …

Dec 3, 2023 · 102 votes, 145 comments. Basically what I asked in the title. Looking to see cons of leasing vs buying a car (getting a loan). Credit score is 815.

Leasing makes sense for some cars, especially on the higher end but it is never frugal to use those cars in the first place. So for some looking to be frugal, buying a used but fairly recent …

Mar 17, 2024 · Leasing is the most expensive way to drive in a vehicle. Depreciation is the largest cost of vehicle ownership and when you are leasing you are perpetually paying for the most …

This subreddit serves the purpose to help you make a better and more informed choice when you lease a car. Pulling knowledge from industry experts and consultants, this is not a place to …

We could’ve bought the car with cash outright, but it works out cheaper for me to lease the car for a year and pay the residual - and that’s with low running costs. This is because of the pre-tax …

Leasing can at times be a good way to purchase a vehicle. Interest rates on leases are occasionally much lower than those for purchases, and manufacturers often offer rebates for …

Aug 11, 2023 · The most powerful argument against leasing is that it is the most expensive way to own a car, and buy a wide margin. The issue being depreciation. Depreciation is the single …

Therefore if you buy a new car that has good resale value, after 1 or 2 years you can do very well on a novated lease, having a car that's worth more than the residual payout and then you can …

Leased car you pay a monthly payment that more or less is paying the cost of said depreciation. At the end of the lease vs buying a new car you lost very roughly the same amount of money. …