Lease now/buy later?
#2
Former Vendor of MBWorld
Join Date: Jan 2005
Location: Cincinnati, OH
Posts: 583
Likes: 0
Received 0 Likes
on
0 Posts
One of the great things about leasing is that you are not responsible for the end (residual) value of the vehicle. If it's lower than market value you'll have equity and have an option to pocket the $$$$, tax free.
If the residual value is higher than market value then you just saved yourself $$$$ vs buying it and taking the additional hit.
If the residual value is higher than market value then you just saved yourself $$$$ vs buying it and taking the additional hit.