 Now to lease or not to lease?
I read somewhere that, when the current market for cars, cars are just (will) not worth what they used to. There are just too many of them in the marketplace.
Leasing means paying for part of the car you use. On a typical lease 3 year lease, it's like paying for 50% of the car. That's how much the car is worth at that time, 3 years later.
So, if cars are going to be worth less in the future (supply vs demand), is it still a good idea to lease? Meaning will they make us pay for ~ 60% of the car in 3 years?
Has leasing changed recently due to the current situation?
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2005 Ford Freestar SE 3.9L V6 (traded-in).
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