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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)

[–] 1 pt

I think the main scam of the lease is on a different level. Theyve killed off cheap econo cars by making cheap leases, they dont care about reliability beyond 5 or 6 years, new govt standards roll out faster as so many people perpetually lease, theres less pride in ownership as people down own them, repairs stay expensive as cars are newer and more complex.

Leases can save some people money, but on a whole are a tool to perpetual debt for most.