Quote:
Originally Posted by jdcolombo
I don't want to prolong the debate. Actually, I think we probably agree on virtually everything. But note that your example uses 10 years of ownership. That's not the case I asked you to prove. I asked about a case in which a person held a car only for 3 years, with equivalent interest rates and residual values between a lease an ownership. Again, I said in my original post that buying is always cheaper if you keep a car over 3 years.
So I don't think ultimately we disagree.
John C.
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John, thanks again. Of course neither one of us wants to beat a dead horse here, but I did mention that I would further respond with more info when time permitted. When possible, I would like to eventually follow up on the 3-year comp that you spoke of.
Regards,
TM