Unformatted text preview: lease is over and lease another car or purchase a car of your own. You will never own a car that you lease. I like the idea of being able to trade in the leased car every 2-4 years for a new car just for the simple fact that you will always have an up-to-date and stylish new car. On the other hand, I like to keep my car as long as possible and I also would like to pay my car off at some point so that I do not have a car payment. Although it may be more convenient at the moment to lease a car instead of buying a car right now, I feel it is best for me to save my money to use as a down payment to purchase my own car....
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This note was uploaded on 01/29/2011 for the course FP 101 taught by Professor Unknown during the Spring '10 term at University of Phoenix.
- Spring '10