RE: [OT] we need a new car - leases

["Neal Tovsen" <sixteen.volt@gte.net>]

> Is the Good place likely?
>
> Car companies spend tons of time and money calculating residual values and
> lease payments with one purpose.  They want to make sure that
> THEY end up in
> a Good Place, not you.
>
> If doing a lease, worry about the residual value at least as much as the
> payment amount.  A nicer car never costs the same amount as a cheaper one.
> Do the math.

That is EXACTLY my point. Even more so: Thinking that the bank will pay you
for the privilege of having YOU drive THEIR car is probably not a wise
assumption. In a lease, that's what you're doing.

However, it still comes down to predicting the future. Knowing how the
system works and doing the market analysis will always help your chances of
success. (I wish I had done more research...) But, no matter how carefully
you or the bank plan, who ends up in The Good Place is still unpredictable
by nature.

Neal



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