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Are car leases a scam?

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

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[–] • 5 pts

Depends, it’s a finely calculated thing that should end up close to even. I’ve had good deals and less good deals depending on the final value of the car at end of lease, mileage inclusion, a d extra mile charges. Used to be for American cars it was a good deal because their value dropped like a rock. The lease was cheaper. Had a vw lease once for $180 a month, at the end I turned it in and it had saved me money versus a purchase and reselling it. Just look at all the numbers and see how it compares.

[–] • 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?