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    marcm298's Avatar
    marcm298 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Nov 24, 2008, 07:38 AM
    owning auto vs leasing
    last December I purchase my vehicle when the lease expired. Big mistake. The vehicle has lost $10K in value. Am I better off taking the loss this year and signing on a new lease or continuing to own and pay down the loan?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
    		  
    #2

    Nov 27, 2008, 06:08 AM

    Hi, marcm298!

    You've placed your question in the Home-Based Business forum section of this site.

    Is this concerning a home-based business of any kind, please? If not, then if you let me know exactly what it's concerning, then I'll move your question to a forum area that will be more appropriate for it so that it can be addressed and answered to your satisfaction.

    Thanks!
    marcm298's Avatar
    marcm298 Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Nov 27, 2008, 10:18 AM
    Quote Originally Posted by Clough View Post
    Hi, marcm298!

    You've placed your question in the Home-Based Business forum section of this site.

    Is this concerning a home-based business of any kind, please? If not, then if you let me know exactly what it's concerning, then I'll move your question to a forum area that will be more appropriate for it so that it can be addressed and answered to your satisfaction.

    Thanks!
    Thank you for your reply
    Yes it is a home based business & self employed. Hope this helps
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