With real estate, it's location, location, location. With a car, it's condition, condition, condition.
It makes a lot of sense when you look at the depreciation curve on a typical new car. Most of the depreciation takes place in the first two years, so someone else takes the hit.
You can get more car for the monthly payment that way. The downside is you don't get any equity in the car. At the end of the lease you get zip.
People generally have more equity in their home than they're aware of, ... The Complete Idiot's Guide to Buying or Leasing a Car.
The used car market is a lot more regional than people realize.
The car market is extremely competitive. There are a lot of brands vying for your attention and if you do a reasonable amount of shopping and negotiating, you should be able to get a decent deal yourself.
There is only so much of a spread between what the dealer pays for the vehicle and the dealer's profits. If you throw a broker in there, you're just throwing in another mouth to feed.
There is an element of the population out there that simply does not want to deal with car salesmen .
Generally this time of year is clearance time in the auto business.
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