Team-BHP - View Single Post - ARTICLE: Lease OR Loan? Which EMI is better for you

deepakhon · 3rd January 2007, 10:36

Hi GTO,

Thanks for this article. I too am considering lease option for my next car. But I see two disadvantages here:
1. The car is not registered on my name. If I purchase it at the end of my lease period, it will be considered as a used car. If I have to sell it, then there is a lot of explanation I need to do.
2. I should check if the same lease company exists if I change my company. Otherwise, I will have to analyze the clause in the agreement which will make my exit better.

3rd January 2007, 10:36	#2 (permalink)
deepakhon BHPian Join Date: Oct 2004 Location: Bangalore Posts: 898	Hi GTO, Thanks for this article. I too am considering lease option for my next car. But I see two disadvantages here: 1. The car is not registered on my name. If I purchase it at the end of my lease period, it will be considered as a used car. If I have to sell it, then there is a lot of explanation I need to do. 2. I should check if the same lease company exists if I change my company. Otherwise, I will have to analyze the clause in the agreement which will make my exit better. __________________ Deepak Honnalli.