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Don Bain    April 22, 2013 - 4:42PM

In reply to by Mike (not verified)

Thanks for your input
However, we think you may have misinterpreted something. The AAA study is looking at the cost of owning and operating a new car for one year, though some of the data they use is averaged over five years – cost of maintenance, for example.
The numbers provided for leasing were from Swapalease based on their proprietary database of lease specifications. Swapalease does not lease new cars, they provide a connection between those who want to get out of a lease and others interested in a short term lease.
The point of the article is that you may be able to to lease certain models for less over one to three years than it will cost to buy and resell that vehicle in one to three years.
If you plan to keep a car for five to ten years there is no advantage to leasing.

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