car leasing
will be relocating to bay area soon. what is the best way to lease a car for 1-2 year period. Google search throws up https://www.swapalease.com/lease/california/san-francisco/search.aspx is this site reliable any other options. TC 300k
When you lease a car your monthly payment is the depreciation
Of course I get that. With buying you pay interest on the entire loan and with leasing you pay interest on the depreciation and leasing used cars is lesser depreciation hence lesser interest and with a larger upfront payment the interest and per month lease amount can go down
??
Get a used car with 50-70k miles. When you sell back, you’ll lose far less than buying a new one or leasing a new one.
Yes, but the point was about leasing a used one. You can’t compare Apple to oranges. It has to be buying new vs leasing new and buying used vs leasing used right ??
why lease, just buy a car with that TC
Don’t want to own and bear the depreciation. Also that TC is for Bay Area which I guess is just about average not that great !!
Leasing makes you eat the depreciation. That is literally the point of leasing, from the bank's point of view.