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Should I Lease a Car?

Two Cents is an educational show about personal finance.

Should I Lease a Car?

Season 6 Episode 10 | 7m 1s | CC

The fundamental misconception about car leases is that they work like other rental agreements, like for apartments or furniture. They don't. Cars are a unique asset for one ugly reason: depreciation. Nothing costs so much yet loses value so fast as a car and lease agreements are designed to account for that. So is leasing a car worth it? Let’s run the numbers!

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