My Plans Have Been Wrecked
My plan to retire in September, 2018 and live in an RV full-time is being re-evaluated. My plan was that when my auto lease was up in August, 2018 I could lease a big new tow vehicle (maybe an F-350)...
Forum Discussion
I know you are a CPA and "know numbers well" but if the decisions between retiring and not retiring is so close that an auto accident makes it a go/no go decision, your finances aren't ready for you to retire.
BTW, friends don't let friends lease. Your example with the 250 Lease you showed before compares the financing of MSRP to a lease based on the same price. Since you can always get a vehicle for a lot less than MSRP, that comparison shows it is less expensive to buy/finance.
I have looked at every lease that members of my family and friends have done and maybe one has come out ahead on a lease. Even some with businesses would have been better off buying.
BTW, friends don't let friends lease. Your example with the 250 Lease you showed before compares the financing of MSRP to a lease based on the same price. Since you can always get a vehicle for a lot less than MSRP, that comparison shows it is less expensive to buy/finance.
I have looked at every lease that members of my family and friends have done and maybe one has come out ahead on a lease. Even some with businesses would have been better off buying.
