I really appreciate your response, clear, with examples, numbers and very understandable.
this is the clearer answer so far for this question.
Alfonso Sanchez - BSIT
"Let the good times roll "
want to buy a new 2003 Camry, but I'm not sure hot to get it<BR><BR>Can
someone, from experience, explain what's better? Buying or leasing?<BR><BR>How
does leasing a car really works?<BR>This is what I've been told:<BR><BR>For
example:<BR>The car costs $20,000. If the lease contract is for 5 years,
and I pay $200<BR>a month, after the 5 years the total amount paid would be
$12,000. There<BR>are $8,000 left that can be financed if I decide to
keep the car.<BR><BR>Now, there is a limit of 15,000 miles a year, everything
over that is about<BR>15 cents a mile, right?<BR>If I decide to keep the car
after the lease contract, they don't charge any<BR>miles over the
limit.<BR><BR><BR>Does the scenario above look accurate?<BR>I want to know
from actual people leasing, or that have leased a