I bought a new car through my credit union and a year later took out a home equity loan with the same bank, paying off the car loan. So the car was all mine only a year after starting to make payments, the amount I still owed on the car became tax deductible and the car is equity. I think you would have to shop around very carefully and do a lot of of research to lease a car in a way that was more financially sound than buying one.
Bookmarks