Is leasing a car a wise financial move? Why or why not?
No, leasing a car isn’t a wise financial move. Leasing a car is basically renting a car that you can’t afford. Leasing depletes your wealth.
Right again, Katherine. Leasing a car is a terrible financial decision that you will pay for in some mighty negative ways. You are renting something you cannot afford. The car dealer loves it because they make plenty of money off YOU. Steer clear of leasing cars and you will be moving in the right direction financially.
Leasing is not wise, in my opinion. It’s a money grab where you allow someone to deduct several hundred $ from your bank account each month. What’s almost as bad, the vehicle never belongs to you.
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Crazy Man in the Pink Wig ? June 23, 2013
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