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leasing has some advantages, like knowing your exit price, and in the case of my SUV, its a business vehicle, so its all paid for with pre tax dollars.
However, as you pointed out, your overall cost will be lower with purchasing. If you can sell it for the residual.
I did once lease a saab because they had a 299/mo special. It was worth less than the 3 year residual one year into the lease. I was very glad that all I had to do at the end was give it back and walk away.
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