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by rootusrootus 2082 days ago
> Leasing enables one to have a new car without taking the depreciation hit.

That's not accurate. With a lease you're just paying for the depreciation directly, at a predetermined rate.

It can definitely make sense, though. I leased a Bolt for my wife for $6K for three years. Even if she only drove it once every week or so it would be hard to do on-demand rental for less.