I don't think you can simplify it like that because the auto business model in the future might well make it that there isn't really economic sense in buying a new car compared to lease deals. Sure they'll still sell you one but it might end up a niche market. Everyone else is trying to sell you a service rather than an asset why should autos be any different? Plus the more stock their finance arms own the more of the total secondary auto market they own.This is why I said...
It isn't a "new verses used" debate .
Actually the Alltrack had an awful lease, you would have been better leasing so many other cars first.I've never leased. The last three cars I paid cash. And the last two I kept for well over 100,000 miles. But after hearing about all these leaking sunroofs in the Alltrack, I'm beginning to think I should have leased the car. I'd planned to keep this car until they refused to renew my license.
True - needed a new passenger turn signal at 20k service last weekend. Thought it would be an easy fix. Wrong. Signal light is Integrated into LED headlight assembly. Whole thing must be replaced. Just over $1k installed. Fortunately a warranty item, but if that happens in another 16k miles?. And some of these cars, particularly high end ones, are ticking time bombs. So many electric modules. etc. An awful lot that can go wrong at great expense, regardless of methodical maintenance. Things that just degrade over time.
Interesting car times......
All lease and fees are clearly documented when you sign a lease, this is by law. Now if there was damage or overage incured then there should be charges bit I also covet this in the initial post.Just heard a friend bellyaching about getting screwed with a much of additional fees at the end of his lease... that Honda "would gladly waive" if he decided to lease another vehicle through them. So, I guess leasing is actually an even LONGER term decision if you really want to calculate the total cost and get the best value because once you light that candle you have to keep burning it over and over to avoid those end of term switching costs.
Hand the keys back and go into another lease from the same company. This is what the dealer/manufacturer wants you to do so they make it the most financially appealing buy waving security deposits and disposition fees.
Which is why folks should really consider a lease as a decade(s) long commitment rather than a decision only involving about 3 years of dedication to said dealer/All lease and fees are clearly documented when you sign a lease, this is by law. Now if there was damage or overage incured then there should be charges bit I also covet this in the initial post.
Another misconception, it is the manufacturer/leasing co. that is waving the fees, not the dealer. Plus lets keep this to first hand information verses heresya or second/third hand, this is how rumors start.Which is why folks should really consider a lease as a decade(s) long commitment rather than a decision only involving about 3 years of dedication to said dealer/