leasing a car

Discussion in 'Chit Chat' started by deviltrader, Mar 13, 2007.

  1. I haven't "bought" a car since 1987. Three 4Runners and Six BMW's later all is well. Plus. I never do so much as an oil change or tire swap since every leased car these days has 50K warranty.

    Compete no brainer
     
    #11     Mar 15, 2007
  2. balda

    balda

    #12     Mar 15, 2007

  3. Where is the link? I've always thought leasing was less attractive because a new car depreciates the most in the first 36 months and that's what you're paying for - the depreciation in the period of time that it is greatest. If you want a new car every 36 months that's fine, then it makes sense. But these days a new car can easily last 10+ years and 200k+ miles without any major problems.
     
    #13     Mar 17, 2007
  4. http://forums.roadfly.com/forums/financing/

    I agree with what your saying about better, longer lasting reliability.

    Most who're leasing though, prefer a warranty. It's bad enough pouring thousands into repairs on a car you own. The only thing worse would be getting hit out of pocket for a new engine on a car your renting.

     
    #14     Mar 17, 2007
  5. Preserve capital for investing. I'm sure I can beat the interest rate on the lease
    Lamborghini Gallardo
     
    #15     Mar 18, 2007
  6. Why not just open up by saying, "I'd like to buy and pay cash". I don't mind lying to the car stealer.
     
    #16     Mar 18, 2007