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Originally Posted by Neon21db
What are the numbers? What would your monthly lease be with $0 down and putting the "down payment" in a CD? And how much would the car cost to buy out at the end of the 3 year lease, etc... Make an Excel spreadsheet and run the numbers and do a comparison. Also, is your comparison leasing to buy vs. financing to own?
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By the way, yes, the comparison is lease to buy vs. financing to own- I will keep the car for 5-7 years regardless of which option I pick (unless, for instance, I have an accident or a major mechanical problem or something similar in the first 3 years that would SUBSTANTIALLY lower the long-term reliability of the car).