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Anecdotally, I have always struggled to sell or trade my second hand low mileage car for what they are worth according to the book. This means that I am usually selling or trading under what the residual would be had I leased. By extrapolation that means I lost more money than I would have spent on a lease.
For example selling a 2 year old Audi S4, or my then 2 year old Z3 2.8 I found I could just not get the value I expected selling privately or trading, despite perfect condition, all the service records, extra oil changes etc... maybe I am just a crap negotiator....!!?
That said, despite the evidence, I haven't leased because some part of my brain likes the idea of 'owning' the car, even though for most if it's life, the banks really owns more than you ! Plus I like doing tunes and exhausts and sound system upgrades, so I want to own...
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