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I am wondering, I have seen info that suggests that you can lease older used vehicles. I know in Canada, we can only lease up to a 1997 model year. Is it any different in the states? thanks in advance.
Cory
Depends on the leasing company. There is a Corvette Dealer in my town that will lease anything on the lot.
Personally I wouldn't do it.
I don't see the point in leasing. Aren't you essentially renting a car for several years at a cost near or equal to a regular car payment? And you don't even kepp the property at the end of the term? And there's a host of restrictions? :U
I leased a car one time. Last time I'll do it. If you have to have a new car, just make the payments for longer. At least, hopefully you will be building equity. Honestly, I will probably never buy another new car again. Let soembody else take the hit.
Ahh, but up here I get a big tax break if I lease, because I am part owner in a company. The entire lease, down payment, monthly payments etc are a tax write off. So it comes off my taxable earning at the end of the year. :D