Is leasing a waste of money?

Depends on how you look at it. Leasing only pays for the depreciation in value that all cars experience, not the entire value of the car.¬† It’s money that you never get back. But even if you buy, a car depreciates by the same amount and, if you sell or trade, you lose the same amount of money as if you had leased. It’s exactly¬†the same money that you never get back. So, any way you do it, you lose money with cars.

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