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I think that leases are great. I have been in the car business for 15 years and I just leased a 2013 Cadillac Escalade Platinum. I could of paid cash for it but I know it is going to loose a lot of money over 2 years. Sure I don't own it but 95% of people that drive a new vehicle do not own it either. The bank owns it until it is paid off. I did a 24 month lease and every 2 years I will be driving a brand new Escalade. Cadillac pays for my oil changes and tire rotations and car is under warranty so no repair cost. Best part is that at the end of 2 years I can see what it is worth and either buy it or walk away. I'm not saying that leasing is for everyone but for me it is great. We are going to see a lot more vehicle leasing. I get bored with my vehicles so again it is better and cheaper for me to lease. Again I own a car lot and know the business pretty well so I'm not talking out my ass here. Oh, Hyundai is actually making some good vehicles now.
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