Posted by The Famous Grouse on September 11, 2017 at 09:22:56 from (71.220.8.90):
In Reply to: Leasing posted by 41106 on September 07, 2017 at 20:31:35:
Quoting Removed, click Modern View to see
This^^^.
Leasing only makes financial sense if you fit the EXACT profile where leasing has advantages. Outside of that profile, there are no financial advantages to leasing.
Leasing works if you:
- Buy a new (new-new, not new to you) vehicle every 2-3 years.
- ALWAYS stay under the allocated miles.
- Are in a tax situation where the full benefits of leasing are reaized (almost always because of exclusive business use of the vehicle).
- Benefit from having no maintainance or repairs that cost money and take the vehicle off line.
Very, very few personal vehicle owners fit this profile, so leasing is nearly always a bad idea for personal vehicle owners who do not use the vehicle for business.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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