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      09-17-2020, 03:35 PM   #17
nzafi
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Drives: BMW X5, BMW X2
Join Date: Aug 2020
Location: New Jersey

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Quote:
Originally Posted by keylime503 View Post
If the car is worth more than the buyout at the end of the lease, that means you paid more for the depreciation than necessary over the course of the lease. So you get a "deal" at the 3 year mark, but you paid for the "deal" over the first 3 years. It's a wash.
Its the same if you finance. In fact, when you finance you will have spent $8-9K more on financing over 3 years than if you leased. You will have less on the loan left to pay off than if you did a lease buyout, but your cost for those 3 years is higher.
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