Leasing a Car vs Buying and Home Ownership Advice
The column argues leasing is rarely sensible for general drivers due to high depreciation costs. It notes cheap leases exist to move inventory but otherwise buyers own cars longer now, with Toyotas often reaching 150000 to 200000 miles. It also compares renting vs buying a home for empty nesters, saying rent can be cheaper with smaller space and that tax deductions from ownership require a large purchase, citing 2015 standard deduction of 12600.
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el Ama
A.S
San Antonio
Wells Fargo in talks to buy GE Capital unit
Wells Fargo of San Francisco reportedly discusses acquiring GE Capital, the $74 billion lending arm of General Electric, as GE sells most of its lending, including assets via Blackstone and Wells Fargo. GE Capital operates in Cedar Rapids with 560 local employees and has pursued a broad pool of buyers while banks streamline assets.
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