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General Asylum General audio topics that don't fit into specific categories. |
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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: Leasing posted by slapshot on August 3, 2015 at 13:38:59:
1. When you lease a car, you are functionally borrowing: instead of borrowing the whole cost of the car, you are borrowing the projected amount that the car will depreciate over the lease term. Makes sense for some, not for others. But, as has been pointed out below, it only works if the leasing company can accurately assess the rate of depreciation. With a big, liquid market like automobiles, that works. With a small specialty market like high end audio, it probably doesn't.
2. Two of the key factors in the car leasing market are (a) a lot of people have to have cars and have tight monthly cash flows, so leasing is a good budget tool for them, and (b) some taxpayers get a better tax treatment for leased vehicles than owned vehicles. Neither of those factors applies to audio.
Happy listening,
Jim
"The passage of my life is measured out in shirts."
- Brian Eno
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Follow Ups
- A couple of points - jec01 07:07:59 08/04/15 (3)
- RE: A couple of points - Mick Wolfe 12:32:56 08/04/15 (1)
- RE: A couple of points - Mick Wolfe 16:09:40 08/05/15 (0)
- RE: A couple of points - TWB2 07:13:36 08/04/15 (0)
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