i'm leasing... payment hovers around $510.

i don't think that leasing is a bad thing...especially since i can write off most of the costs associated with it, including insurance, gas, etc...

it all comes down to what you are comfortable with, what situation you are in, etc.

i think that at the end of the lease, the car will be about $21k or so. i will either buy it outright then and resell for hopefully $25 and the buy the S2005... hehehe.

 

Buying: You pay for your car.
Leasing: The taxman pays for your car.

 

Let me first say that I love this car unlike any I have ever owned. But accidents happen and new models always come out. I lease my car for around 500 a month and if I decide to buy it three years from then, it costs me around three grand more than financing. For that three grand I get the piece of mind that if I ruin the car or grow tired of it, it goes away and a new one appears in its place. Yea, right now, I'm gonna buy my S2k out at the end of my lease, but I said the same thing about my 2000 Navigator, and that thing already has one foot out the door.