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Comment Re: Have the cake and eat it (Score 1) 257

You are confused. If the residual value of the lease is lower than actual market value for the same car, you want to buy it and then flip it in the market to pocket the difference. Buy low, sell high. Folks with more experience with leases wonâ(TM)t ever buy the lease out; weâ(TM)ll sell it to another vendor with the blessing of the leasing company and pocket the profit. I sold out my last 2 leases this way without ever taking direct ownership of the cars. The dealerships buying the leases cars cut two payments: one to the leaseholder for the residual value, and one to me for the profit.

Comment Re: Seems like a click-baity story! (Score 1) 257

I totally sold a car 3 weeks ago for $800 more than I paid for it..even after driving it for 26,000 miles! I have the pandemic used car scarcity to thank for that. Bought a 2018 VW Tiguan SEL 4MOTION (with 26,000 miles on it) in Feb 2021 for $23,800 and then sold it in June 2022 (with 52,000 miles on it) for $24,600.

Comment Re:Long distance travel (Score 2) 168

I would suspect the major factor back then on why the plague didn't spread so far, so quickly was that while they had long-distane trade links, the time period during which the plague would incubate and ultimately kill someone was far shorter than the time it took to travel great distances. I'm sure that if someone in a travel party began exhibiting symptoms of the plague, they were rather quickly left to die on their own in some remote location to avoid infecting the rest of the party.

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