In This Case, It Is Better To Buy Than Rent

Imagine this: 42 years ago, you lease a state-of-the-art rotary phone. For a reasonable $29.10 a month. And you still have that phone.

If you're the probably sweet-82-year-old-grannie-down-the-street Ester Strogen, then you don't have to imagine.

The total cost of leasing the phone? Over $14,000. Ouch.

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Todd Brill | Sep 15, 2006

...and in the end, you *still* don't own the phone, either...

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hazygrey | Sep 15, 2006

priceless.

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mapgirl | Sep 15, 2006

Holy bananas! I remember my folks leased a phone at one point when I was a kid.

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Micah | Sep 16, 2006

Does anyone else find it funny that her name is E.Strogen?

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peachieness | Sep 16, 2006

hi! this is kind of off topic... but um, what are you using for your blogging technology?

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Rhea | Sep 17, 2006

This kind of story came up a year or two ago in the Boston area. An elderly woman's son was reviewing his mother's finances and came across a phone rental fee for her rotary phone. It was sad, I thought.

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