2010 Prius Lease

[priusblogg]

Originally Posted by SW03ES

There are other reasons to lease. If you KNOW you will turn the car in after 3 years, leasing is cheaper and it avoids the hassle and risk of having to trade the vehicle after 3 years, pay off the loan, and move on to another vehicle whether you can write it off or not. Depending on the vehicle of course, some vehicles are better to lease than others.

Depending on your state you save on sales taxes too.

In my experience leasing is VERY misunderstood and people are dissatisfied when they go into it without a clear picture of what they want to do when the lease is over.

This is a responsible and accurate reply, thank you. Although I really did not intent this thread to turn into a Lease Vs Buy topic, and I hope it stops right now, your opinion is dead on. Most lease issues are caused by people not understanding and being "sold" a bill of goods by a salesman, or by people who have had circumstances change such as commute, getting trashed on miles because of it.