Leasiig is becoming an increasingly popular method of automobile financing, but why is it advantageous for the Shortino family? Johanna Shortino stated that the principle advantage of leasing was the savings on the down payment. While this may be true, there are also other factors to consider. Consider the contrast in vehicles: an "aging" Datsun versus a new Cadillac. This shift is a significant trade upward among automobile classes and suggests another advantage to leasing-expensive cars are made affordable.
Recommended CitationBrown '96, Susan (1997) "The Leave Vs Buy Decision," The Park Place Economist: Vol. 5
Available at: http://digitalcommons.iwu.edu/parkplace/vol5/iss1/16