Jul 19, 2019
8:10:15am
8:10:15am
It's all perspective. I'm paying $280/month for 60 months for a Lexus GX470 with 0-down and at the end of
those 60 months I'll be able to sell the GX470, irregardless of miles, for about $4-5k less than I paid for it. Or I can keep it and have 0-payment. At the end of a lease, I have to either purchase the vehicle after already paying for depreciation, or trade it in on a new lease/new vehicle. So you are kind of out a certain amount of opportunity cash in perpetuity, until you decide to finally "buy".
So by that perspective, yeah; people who lease are "shelling out a ton of cash".
It's ok. People shell out a ton of cash for a lot of things. Houses....cars...phones...TV/video subscriptions. It's all what you want to do within your means.
So by that perspective, yeah; people who lease are "shelling out a ton of cash".
It's ok. People shell out a ton of cash for a lot of things. Houses....cars...phones...TV/video subscriptions. It's all what you want to do within your means.
- Bio page
- Bert609
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- Oct 25, 2004
- Last login
- Apr 19, 2024
- Total posts
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Time
7/19/19 7:30am
Low payment, new car every 3 years. To some that's worth shelling out a ton of cash for the lack of headache.
7/19/19 7:54am
It's all perspective. I'm paying $280/month for 60 months for a Lexus GX470 with 0-down and at the end of
7/19/19 8:10am
7/19/19 8:21am
You have returned your leases with enough equity to cover the entire lease amount over 60 months? That's incredibly
7/19/19 8:11am
7/19/19 8:26am
7/19/19 9:22am
7/19/19 9:26am