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      11-11-2013, 09:24 PM   #7
FLOMACKS
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Drives: 2024 X7 M60
Join Date: Jul 2012
Location: Atlanta, GA

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Cars are just an interest and depreciation cost. Lease agreements hedge the bottom end risk, and give you a call option.

RE: getting out of your lease. You get out by buying the car. If current market value is >your lease payoff, then yes easy to get out of. If you get a good price on ED, you can usually be in a place to swap without filing for Chapter 11.
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