Friday, January 16, 2009

obama's leased car

On one hand, it disturbs me to learn via Al Kamen that Barack Obama leased a Chrysler for three years. No, I'm okay with it being a Chrysler - it's just that about 99% of the time, leasing a car, any car, is a stupid thing to do financially. At the end of three years, you've paid all that money and you don't own a thing.

On the other hand, when Obama turned it in, the car was in immaculate condition. Now, he's inheriting a country that's not in such good shape - but hopefully he can take as good care of that as of his Chrysler.

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