Subj : Re: 2026 Infrastructure Bill in US; self-driving+
To   : Ogg
From : esc
Date : Wed Jun 07 2023 17:14:35

 Og> Leasing could make better sense if you are contractor or  
 Og> operating a business. The monthly cost is a deductable expense  
 Og> (meaning, less taxable income) and the taxes paid on that  
 Og> qualify as a credit/rebate. With a lesser taxable income, you  
 Og> are reducing the taxes owing to the gov't. So, with a lease,  
 Og> you are basically paying yourself for the luxury of driving a  
 Og> new car for a few years.

My wife and I lease our main car. The reason is because we enjoy getting a new car every three years with zero hassle, and we don't have to pay for any maintenance.

Yes, it's a money pit, but it's not much different from the total cost of ownership over a period of time anyway, particularly with how expensive maintenance can be.

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