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I’m looking at leasing a car, and it sounds like a good deal. However there can be a big bill at the end and you’re throwing your money away instead of having an asset at the end of the lease. It seems a little bit like a jew trap to me. Has anyone here leased a car before? What are your experiences?

edit thanks for all the replies

I’m looking at leasing a car, and it sounds like a good deal. However there can be a big bill at the end and you’re throwing your money away instead of having an asset at the end of the lease. It seems a little bit like a jew trap to me. Has anyone here leased a car before? What are your experiences? edit thanks for all the replies

(post is archived)

[–] 4 pts

Sometimes they offer free money factor ( zero interest) so you can lease it for 3 years, then buy it at 2/3 the price with a 5 year loan. Lower payments and free interest…. That can work out too.

[–] 0 pt

How would you be paying interest on a lease in the first place?