Is It A Deal? The Arithmetic Of Leasing

As carmakers jostle for a marketing edge, the decision to buy or lease a car is getting increasingly complicated. Bargains are there if you keep a sharp eye--and know what to look for. Last summer, for instance, Honda Motor Co. gave cut-rate leases on '93 Accords to make way for '94 models. A lease on a $47,000 Infiniti Q45 sedan includes an automatic break of up to $10,000. Q45 buyers, by contrast, have to bargain for every penny.

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