Buy vs. Lease Scenario

Buy vs. Lease Scenario - that I only answered a few...

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What recommendation does the calculator make for you? The recommendation that the calculator made for me was to go ahead buy my next car. It indicated that I like to keep my cars as long as possible. Leases expire after two to four years and there's generally no option for renewing a lease on the same car. So, if I continually lease, I'll get a new car every two to four years. Therefore, leasing is not a good option for people like me who like to keep their cars for many years. Did the recommendation change the way you previously thought about buying vs. leasing a car? No actually it went with exactly how I go about getting a new car. This was a surprise to me giving the fact
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Unformatted text preview: that I only answered a few questions and nothing personal. So with the little information that the asked they determined I should not lease a car but buy one instead to fit my style. Do you think you will follow the recommendations made by the calculator? Explain why or why not. Yes I’m doing to follow the recommendations made by the calculator. Not only do I see it more fit to buy a car, but you feel a more sense of security to do what you will when you know that you own that car. Also you don’t have to worry about making a late payment and then looking over your back for a repo man that wants to take your car back to the dealership....
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