Originally posted by taylormadem5
Leasing isnt a bad idea if you dont drive a lot of miles. Sounds like Honda/Acura have a pretty good lease program. I sold fords for a while and i guess because they dont have good resell they suck for leasing. Also dont you have to have higher insurance coverages and such if you lease a vehicle?
Yes we have to have higher insurance coverage, but I would carry it (higher coverage) anyway. Love being able to write off the lease of the car. One of the pluses of owning your own businesses.
Whenever we returned a car off lease (early) the dealer already had it sold, and also more than paid off our remainder of the lease. Don't want the hassle of private sales either, that's why we don't sell the car outright ourselves.
Of course it also helps that we have done business with the same dealer now for four cars.