Leasing can be a good thing depending on what your plans are. Say you're after getting a mortgage, but want a nice car - leasing is a lesser hit on your debt-income ratio than buying the car, as your credit is only on the hook for the payments and adjusted capital cost or whatnot over total duration of the lease. At least that's what my buddy told me. He just leased a G37 and ended up getting into a new house shortly after and the G only amounted to roughly $19k on his debt-income ratio. His particular G retails for $41k or so.
|