Does the frum community really need this many auto leasing companies? It seems like an excessive number of companies are opening nearly every week.
They can’t really all be making enough money to stay in business, can they? And, of course, they all charge the same price — the price they receive from the auto manufacturers.
I got my car from a leasing company. It was incredibly easy. I made a few phone calls on Thursday, and the car was in from of my house on Friday afternoon. I can’t imagine getting it straight from the dealer being any easier than that.
The only aderaba is to make those who wasted money on an auto lease assuge their feelings after throwing away money. There’s no financial advantage that can be enumerated for a lease versus purchasing an affordable vehicle.
Sure there is. If you plan on buying a new car and then selling it after a few years, you would often be better off leasing. When you lease a car, the total you end up paying is basically the depreciation of the car over the term of the lease. If you buy a car and sell it, there’s no guarantee that you’ll sell it for what it’s worth, so you end up losing. And this is even more true if you can’t afford the car and have to finance it anyway.