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Originally Posted by LakeShow
It only makes sense to buy the car initially rather than lease then buy. That will just cost too much. And 8k negative on any car will increase your payments substantially. The 2012 MS3 is a cool little car also.
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He has 8k equity in it. You shouldn't buy anything until you're at least even on a vehicle.
Some people don't like the idea of leases. That's fair. But there are certainly advantages to them. I like having a different car every 3-5 years. Have to do your research to see if said lease makes sense.
Hyundai is a perfect example of a car manufacturer just wanting to move product. Dealerships hardly make a thing off their cheaper leases, but get it back in unit bonuses at the end of the month/year.