Re: simple question regarding how to view a lease as a debt
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clark,
36months, xxx amount per month, option to buy which i will most likely decline.
on one hand its a debt, since i am legally obliged to make payments otoh it doesn't 'feel' right to count it as a debt.
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And your "feel" would be right in a sense. If you're going to consider the lease as debt in calculating net worth, you'd also have to consider the ability to use the car for the remainder of the lease as an asset. In almost any reasonable scenario except one involving high and unanticipated inflation, the latter would not completely offset the former, but it's something to take into account.
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