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re: Leasing a New Car

Posted on 4/25/19 at 7:55 am to
Posted by guttata
prairieville
Member since Feb 2006
22513 posts
Posted on 4/25/19 at 7:55 am to
If the dealership was losing money on the deal, they wouldn’t do it. The dealer is not being truthful with you
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21301 posts
Posted on 4/25/19 at 8:03 am to
quote:

If the dealership was losing money on the deal, they wouldn’t do it. The dealer is not being truthful with you


Bingo. Car dealers are for profit entities and it is stupid to think they are ever taking a loss.

Short version
A. Dealer is lying, do not be dumb enough to believe him/her

B. Leasing is the wrong move, unless you are able to write it off some how.

C. If you are not in a financial place to throw away money, just buy a used car that has already taken a large depreciation hit.
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