Hi guys,
I did the calculations about a year ago and leasing a car wasn't viable but my income will be a lot higher shortly. Is there a sweet spot where leasing becomes more viable than owning a car? And does this affect borrowing capacity?
Is there some sort of calculator which shows the net effect that leasing a vehicle has?
My current car is only $10k but my next car (probably 9-12 months away) will be somewhere between $40-60k.
Cheers
I did the calculations about a year ago and leasing a car wasn't viable but my income will be a lot higher shortly. Is there a sweet spot where leasing becomes more viable than owning a car? And does this affect borrowing capacity?
Is there some sort of calculator which shows the net effect that leasing a vehicle has?
My current car is only $10k but my next car (probably 9-12 months away) will be somewhere between $40-60k.
Cheers
Leasing a car for work
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