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Originally Posted by ceres
Something i've sworn by for years now is car leasing, the cars are brand new so very little maintainence and it usually works out to be a very cost effective way of owning a new car.
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It is only cost effective if you don't have a morgage and you have a lot of money coming in per month. I have to agree, however, that it saves you from having to do the post 3 year maintenance which, even with today's cars, is rather ridiculously expensive.
But unless you have the money for it, don't go into a lease, buy used, get a honda or some crap, they usually are ok. Stay away from the americans. Lesson learned hard way.