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Leasing a car is not advantageous if the purpose of
doing it is business.​

Sagot :

Irisjoybadongidn

Answer:

EVIDENCE 1

Leasing usually costs you more than an equivalent loan because you are paying for the car during the time when it most rapidly depreciates.  

EVIDENCE 2

Lease contracts specify a limited number of miles. If you go over that limit, you'll have to pay an excess mileage penalty.

Explanation:

A downside to leasing is you essentially pay for the most expensive years of a vehicle's life. The amount you pay to lease is the difference between the purchase price and the residual value, which is the predetermined value of the car at the end of the lease period. The residual value the dealer includes in your contract directly impacts your monthly payment.

When leasing, it's better to consider a vehicle retains its value and steer clear of cars with a high depreciation rate. Devious dealers may try to shift more of the depreciation cost onto you by embedding an unfairly low residual value.

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