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MrsBeauregardless t1_ja58orc wrote

I have always heard leasing a car and buying a timeshare are about tied for the worst financial decisions one can make.

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StoopitTrader t1_ja5qw0i wrote

Nah, timeshares are far worse. Leases do have an end. Timeshares are often for life.

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Jeom049 OP t1_ja5fdr4 wrote

what if one is upsidedown because of market values at the time of the 2nd or 3 year mark?

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Eragahn-Windrunner t1_ja74izl wrote

Even before car prices went completely nutso, Toyotas were pretty good about holding their values. And at the end of the day, at least you have an asset worth something.

If it helps make it more clear why everyone is recommending you not go through with a lease, here’s a mental exercise. Purge the word lease from your vocabulary. The word you’re looking for and will be using is now “Renting”. That’s why it’s such a bad idea.

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