• GoatSynagogue
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    7 hours ago

    I hope you’re not saying this in general terms, because leasing absolutely has its benefits even to individuals, especially for cars.

    • Wispy2891
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      7 hours ago

      for cars it makes sense only if you really need to have a new vehicle every 3 years and you really need to have an all inclusive insurance that covers everything

      otherwise you save thousands by taking a loan, get limited liability insurance, then sell it after 5-6 years

      although the absolute savings (for a newish vehicle and not a shitbox) is to get a used one ex-leasing (max 3 years old, low mileage, all maintenance made correctly because the leasing company paid for it) then sell it after 3-4 years (or keep it until it becames a shitbox)

      • Jason2357@lemmy.ca
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        3 hours ago

        Heck, even paying for full comprehensive insurance, you still come out ahead by buying on a loan and keeping it for more than 3 years.

        The crux is that decently priced loans are denied to the people who actually need it, but leases are not.

      • GoatSynagogue
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        3 hours ago

        Google novated leases and you’ll see why you’re wrong.