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Wasn't Jobs' Mercedes-Benz technically a lease? Because that probably made slightly more financial sense than to outright buy one every 180 days.

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When I learned about the Jobs' car deal, I asked someone I knew in car sales about it. They said that most likely its a mundane 6 month lease that they were likely just repeatedly auto-renewing against the same vehicle until he chose to drive a different one, if at all.

This is the most probable scenario

Cool, so is that deal available to all?

Imagine as a non-billionaire/famous asking for such terms at purchase.

Ffs I was paying cash for a new car and they said they wanted to run my credit.. I said FU and had to threaten to leave if they wanted the sale, why run credit on a cash purchase?

But I don't expect that most dealers will give you a jobs-like deal? Or is this normal?

It’s a short-term car lease. Nothing new.

Thanks, I was led to believe all these years that he had some sort of weird loophole he was exploiting... and I always found that weird, like, he had enough money to buy a new car every day if he wanted, so I never understood the impetus.

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