Let’s see, be subjected to having whatever you lease taken away, be subjected to annual increases in the lease payment, oh and instead of one day actually owning something and not paying on it, be forever in debt. Sounds wonderful.
No matter how many times my father tries to explain how leases work well for businesses, & sometimes individuals, I just don't get it.
I can see some quick term gains in some instances, & if you own the property being leased it can be a cash cow for you.
I personally would rather own everything instead of the issues that can come up with leases. That said, if the location is right & you cannot own the property yourself, then it could make sense from a cash flow perspective to lease that property if it is the only option.
Let’s see, be subjected to having whatever you lease taken away, be subjected to annual increases in the lease payment, oh and instead of one day actually owning something and not paying on it, be forever in debt. Sounds wonderful.
No matter how many times my father tries to explain how leases work well for businesses, & sometimes individuals, I just don't get it.
I can see some quick term gains in some instances, & if you own the property being leased it can be a cash cow for you.
I personally would rather own everything instead of the issues that can come up with leases. That said, if the location is right & you cannot own the property yourself, then it could make sense from a cash flow perspective to lease that property if it is the only option.
Mostly it works on paper in theory.
If the car dealer is pushing you to lease instead of buy, which one do you think benefits THEM more?
If it's the lease, then which one would benefit YOU more? Buying.
Do that one.
Not that complicated.
u/#correct