this post was submitted on 07 Sep 2023
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Man we keep running into each other.
What's wrong with leasing a depreciating asset? Never own large assets that are sure to lose value. Even if it's like a work truck that makes you money, let someone else's books take the loss.
With vehicles, lessors get you on the overage miles. Negotiate it. When you turn the lease over, tell them you need to lease another one and you'll do it with them if they waive the overage. If they won't do it, go somewhere else. They won't let you walk out the door without hacking away much or all of the overage.
?
I was not taking issue with leases, just commenting on the notion of a cost over and above a lease/car payment.