Originally Posted by philipp10
Does leasing EVER make sense? I have a friend and he has to borrow the wife's car so he can stay below 12k miles, all for about $4600 a year. I just don't understand the draw to leasing, but then again, I'm cheap.
Sure. For the right person and their needs.
Sounds like a lease was the incorrect choice for your friend.
A lease is simply paying for depreciation.
I was fully prepared to purchase our GS450h; I generally hate leases.
At the end, we leased the car. Why?
Lexus lease money. They wanna see you again in 3 years and they know they can easily sell a good used Lexus.
Hedge against technology shift (hybrid).
I looked at it as $900 insurance policy to walk away or buy in 3 years.
Was it the best choice? I am ok with it.