Tax Guru-Ker$tetter Letter
Sunday, December 12, 2004
Vehicle Leases
As I've mentioned on countless occasions, vehicle leasing is a huge rip-off, often representing an implicit interest rate of between 20% and 30%. However, they are very popular; so these recent articles (courtesy of AutoBlog) are interesting.
Study: US auto makers shut out of top spots for best retained value in different vehicle categories.
Web links car lease swappers. Drivers looking to unload autos find those who want short-term deals.