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Many car shoppers ponder whether to buy or lease a car. But according to personal finance expert and New York Times bestselling author Suze Orman, you should never lease one. See: 5 Used Cars You...
To lease or to buy? That is the question many car shoppers ask themselves. According to money expert Suze Orman, there is only one correct answer. Here's why Orman says leasing is a waste of money....
You shouldn't owe any extra fees when returning the vehicle, as long as you didn't exceed the mileage allowance. Residual Value Before you begin a lease agreement, the dealership will determine ...
Using that example, if you were to lease a car with an MSRP of $40,000 and a depreciation rate of 50%, the residual would be $20,000 and your monthly lease payments would be around $555.
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Those in the market for a new car have been debating this question for years: Is it better to buy or lease a new car? The answer to this question is different depending on a number of factors and ...