Posted by The Famous Grouse on September 11, 2017 at 09:22:56 from (71.220.8.90):
In Reply to: Leasing posted by 41106 on September 07, 2017 at 20:31:35:
Quoting Removed, click Modern View to see
This^^^.
Leasing only makes financial sense if you fit the EXACT profile where leasing has advantages. Outside of that profile, there are no financial advantages to leasing.
Leasing works if you:
- Buy a new (new-new, not new to you) vehicle every 2-3 years.
- ALWAYS stay under the allocated miles.
- Are in a tax situation where the full benefits of leasing are reaized (almost always because of exclusive business use of the vehicle).
- Benefit from having no maintainance or repairs that cost money and take the vehicle off line.
Very, very few personal vehicle owners fit this profile, so leasing is nearly always a bad idea for personal vehicle owners who do not use the vehicle for business.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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