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#1
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posted to rec.boats
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![]() "Calif Bill" wrote in message ink.net... There is only valid one reason to lease a vehicle. That is if you can write off the expenses to a business. If you buy a vehicle, there are limits on the depreciation deduction. Otherwise, leasing is buying a car with no down payment and paying a premium interest rate. Has nada to do with annual miles driven. If you drive gross amounts of miles a year, the business deduction may not save you as much as the excess mileage charges. If you just want a good daily driver, buy a lease return that is 1 - 2 years old and has 10-15K miles. You will be money ahead. My shoulders have a head with a brain in it. Is why I would not lease a vehicle. Maybe you can explain how you are ahead leasing a Ranger. Will be interesting to peruse the answer. Simple transaction. Needed something a big stronger to tow my sailboat. Ford had a special no interest, no down payment deal on Ranger trucks. The standard transmission models were the best deal at $209.00 CDN a month on a 36 month lease. For wife & son use I had to lease the automatic V6 with A/C at $259.00 per month. |
#2
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posted to rec.boats
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![]() "Don White" wrote in message ... "Calif Bill" wrote in message ink.net... There is only valid one reason to lease a vehicle. That is if you can write off the expenses to a business. If you buy a vehicle, there are limits on the depreciation deduction. Otherwise, leasing is buying a car with no down payment and paying a premium interest rate. Has nada to do with annual miles driven. If you drive gross amounts of miles a year, the business deduction may not save you as much as the excess mileage charges. If you just want a good daily driver, buy a lease return that is 1 - 2 years old and has 10-15K miles. You will be money ahead. My shoulders have a head with a brain in it. Is why I would not lease a vehicle. Maybe you can explain how you are ahead leasing a Ranger. Will be interesting to peruse the answer. Simple transaction. Needed something a big stronger to tow my sailboat. Ford had a special no interest, no down payment deal on Ranger trucks. The standard transmission models were the best deal at $209.00 CDN a month on a 36 month lease. For wife & son use I had to lease the automatic V6 with A/C at $259.00 per month. That's $10K over the lease. Plus what is the residual value? Plus the up front costs? |
#3
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posted to rec.boats
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![]() "Calif Bill" wrote in message link.net... That's $10K over the lease. Plus what is the residual value? Plus the up front costs? Buy out cost at 36 months = $14K sticker said truck listed at $25K 0 down... 0 interest.. Better deal this year... I could buy a cheapo 4 cyl standard version for $13,800 brand new. This would have been plenty for a dozen tows each year and occasional use as a 2nd vehicle. ( plus cheaper on gas) |
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