Subj : car locks/fobs
To   : Rob Mccart
From : August Abolins
Date : Tue Oct 07 2025 18:45:00

Hello Rob!

** On Tuesday 07.10.25 - 08:02, Rob Mccart wrote to MIKE POWELL:

 RM> ... In the long
 RM> run, if you just keep getting a new 3 year lease afer the
 RM> last expired, it costs you more than buying a car

But.. with leasing, you also get the convenience of just  
"walking away" from the car and avoid the hassles and proper  
timing of resale under ownership.

Leasing can also make better sense for businesses since the  
monthly cost can be recorded as an expense.  Plus, the business  
gets the HST credit.


 RM> but,
 RM> again, new car every 3 years and selling a car you bought
 RM> every 3 years would probably cost you more since they drop
 RM> so much in price those first few years..

But.. maybe it's cost effective if you actually take care of  
the car during those first few years so that you can ask a good  
resale price?

-- 
  ../|ug

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