Paying cash will always get you the best deal because everyone gets paid right away.
I've leased before because I own a business and it was a business write-off, but that's typically the only way it works well unless you get a stupid low interest rate and payback percentage (which you can negotiate). But then if you want to buy it out you owe more on the back end. Also, every ding, scratch and things like windshield cracks have to be repaired or replaced before returning it. For example, I had to replace my summer tires upon return even though the car had like 30k miles on it because they were worn beyond the lease requirements.
Most new cars now have zero percent interest deals if you have good credit, which is a big incentive to buy new.
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07-14-2020, 04:50 AM #31
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07-14-2020, 05:04 AM #32
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07-14-2020, 05:08 AM #33
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07-14-2020, 05:10 AM #34
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07-14-2020, 05:11 AM #35
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07-14-2020, 05:13 AM #36
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07-14-2020, 05:14 AM #37
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07-14-2020, 05:16 AM #38
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07-14-2020, 05:21 AM #39
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07-14-2020, 05:23 AM #40
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07-14-2020, 05:27 AM #41
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07-14-2020, 05:31 AM #42
We thought we were going to go this route when we bought my wife's new vehicle a few months ago. Turns out the manufacturer/dealer discounts they were offering could not be combined with the 0% financing. We ran the numbers and used our own financing. When it's all said and done we will still end up under MSRP for the grand total including TT&L, dealer fees and all interest paid by the end of the loan. I'm good with that.
Permabulk/bloatlord Crew
Tradie Crew
HTC
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07-14-2020, 05:38 AM #43
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07-14-2020, 05:45 AM #44
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07-14-2020, 05:58 AM #45
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