Car Lease Advantage - 0 views
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John Phillips on 27 May 11Based on J. Paul Getty, a billionaire oil tycoon: "if it appreciates, buy it, if it depreciates, lease it." This statement encapsulates the main advantage of leasing an automobile. You should know that the car isn't like a house which in most cases appreciates in value following the time of purchase, whereas whenever you drive away from the car lot, the automobile that you simply now own has lost about 15% of its value and will continue to do so to any extent further.