Car leases generally aren't worthwhile for consumers. They have some valid use cases for businesses due to the tax differences between depreciating capex vs deducting opex, and also for businesses who don't want the overhead of maintaining shared vehicles (if the company minivan is leased, it'll go back to the dealer before it accumulates enough age and miles to suffer serious mechanical problems, but if it's owned you can be assured that the half dozen employees in HR who use it to restock the office fridge or pickup office supplies will equally neglect it).
Car leases generally aren't worthwhile for consumers. They have some valid use cases for businesses due to the tax differences between depreciating capex vs deducting opex, and also for businesses who don't want the overhead of maintaining shared vehicles (if the company minivan is leased, it'll go back to the dealer before it accumulates enough age and miles to suffer serious mechanical problems, but if it's owned you can be assured that the half dozen employees in HR who use it to restock the office fridge or pickup office supplies will equally neglect it).
(post is archived)