I haven't and don't intend to. I'm just following up on the previous discussion.

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

May 17, 2018
9:49:35am

IdahoCoug All-American

I haven't and don't intend to. I'm just following up on the previous discussion.

Report problem with this ad

IdahoCoug

Bio page: IdahoCoug
Joined: Mar 14, 2001
Last login: Apr 27, 2024
Total posts: 13,076 (500 FO)

Report problem with this ad

Messages

Author

Time

POLL: Have you ever leased a new car?

IdahoCoug

5/17/18 9:45am

Run the numbers. Leasing isn't very wise.

stev

5/17/18 9:46am

Sorry Mr Ramsey. This is actually false. Leasing can make sense numbers wise

RdF3

5/17/18 9:47am

I'm not Mr. Ramsey, just someone who can use a calculator.

stev

5/17/18 9:53am

I'll trust my own analysis on this one. For the right people it makes a lot of

RdF3

5/17/18 9:55am

He's only partially incorrect. In some cases it makes sense, but it is more expensive overall than buying.

Pimpin4Paradise

5/17/18 9:55am

I haven't and don't intend to. I'm just following up on the previous discussion.

IdahoCoug

5/17/18 9:49am

Disagree. I don't see leasing a car, never paying for anything other than

OneUpper

5/17/18 9:51am

1. How are you going to sell it for more than you bought it for after 3-5 years?

stev

5/17/18 9:54am

At the end of a lease term there is a fixed purchase cost option the leasee can

OneUpper

5/17/18 10:00am

Or you take that $13,800 (3000+36*300) and buy a nice, reliable 2 year old car

stev

5/17/18 10:05am

Um, what 2 year old car are you buying for $13,800? Probably some boring

OneUpper

5/17/18 10:09am

This whole thread was about if it made financial sense.

stev

5/17/18 10:16am

So what happens when your transmission needs to be replaced 3 months out of

OneUpper

5/17/18 10:20am

if you need to replace a transmission on a 2 year old car, or even one that is 5

bald man

5/17/18 11:54am

It happens more than you think, even to the japanese car companies.

OneUpper

5/17/18 2:14pm

Yeah, you’ve made that pretty clear. *eyeroll*

stev

5/17/18 9:06pm

I'm not to convince you that sometimes leasing makes sense. That's fine.

OneUpper

5/17/18 11:20pm

Transmissions are designed to last 155K miles or longer. Sorry, but this is not

bald man

5/18/18 6:25am

It wasn't meant to be. It does happen, though. And because it does happen some

OneUpper

5/18/18 8:35am

Most vehicles have little to no equity at the end of the lease. Some (namely Trucks and SUVs) do, but all that means

Pimpin4Paradise

5/17/18 10:23am

Agreed. That's why you lease a vehicle that does have value after a lease.

OneUpper

5/17/18 10:31am

Repairs on a new vehicle are basically $0. The repair savings you're talking about are virtually non-existent.

Pimpin4Paradise

5/17/18 10:19am

The guy is arguing leasing vs buying used. not buying new. It's not savings.

OneUpper

5/17/18 10:23am

I'm talking about leasing new versus buying new. Both are very expensive options given the decrease in value the first

Pimpin4Paradise

5/17/18 10:25am

Agreed

OneUpper

5/17/18 10:27am

Unless you are wealthy enough you to be driving a new car every few years

RdF3

5/17/18 10:41am

What are you thinking he is buying? some Russian special?

bald man

5/17/18 11:56am

Generally, until you don't. Like how the new Nissan Titans still have terrible

OneUpper

5/17/18 2:15pm

I broke my finger once. 40 years ago. I shouldn't ever play basketball again.

bald man

5/18/18 6:27am

Yes, but I never will again

Saxa

5/17/18 9:47am

^^^Bingo^^^

CougarThug

5/17/18 10:21am

One time because it made sense for my work vehicle. But I doubt I'd run into the situation where I would do it again.

kccougar

5/17/18 9:51am

Many times. And probably will til I die.

BlueFrog

5/17/18 9:51am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad