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"avoid the"..."insane initial depreciation that exists with new cars." This is a strange statement, because of course lease pricing is nothing more than paying
by endorphone 8y ago
"avoid the"..."insane initial depreciation that exists with new cars."
This is a strange statement, because of course lease pricing is nothing more than paying for the depreciation of the vehicle. Not only are you paying for it over the term, the risks if you want to terminate earlier, after the worst of the depreciation, are identical if not even exaggerated with leasing.
It can be a good choice, especially for businesses because it greatly simplifies accounting for vehicles (just an expense and nothing more), but when people differentiate owning from leasing some strange statements are oft made.