leasing is so funny!
#1
leasing is so funny!
Don't we all love to dream?
During the hockey game 2 BMW ads--525i for $409/month, X5 for $499/mo. I did my own calculations, and the X5 at 5.9%, 36 mos., 3k down would be about $1155/mo. These things are made in SC, right? Fuggetiboudit.
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
Dang, that fight with Fedoruk and Pilar was rough. It's amazing these dudes are only our size but I think we're mistaken if we think we could fight like that!
During the hockey game 2 BMW ads--525i for $409/month, X5 for $499/mo. I did my own calculations, and the X5 at 5.9%, 36 mos., 3k down would be about $1155/mo. These things are made in SC, right? Fuggetiboudit.
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
Dang, that fight with Fedoruk and Pilar was rough. It's amazing these dudes are only our size but I think we're mistaken if we think we could fight like that!
#2
Re: leasing is so funny!
Originally posted by Frank Fontaine
Don't we all love to dream?
During the hockey game 2 BMW ads--525i for $409/month, X5 for $499/mo. I did my own calculations, and the X5 at 5.9%, 36 mos., 3k down would be about $1155/mo. These things are made in SC, right? Fuggetiboudit.
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
Dang, that fight with Fedoruk and Pilar was rough. It's amazing these dudes are only our size but I think we're mistaken if we think we could fight like that!
Don't we all love to dream?
During the hockey game 2 BMW ads--525i for $409/month, X5 for $499/mo. I did my own calculations, and the X5 at 5.9%, 36 mos., 3k down would be about $1155/mo. These things are made in SC, right? Fuggetiboudit.
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
Dang, that fight with Fedoruk and Pilar was rough. It's amazing these dudes are only our size but I think we're mistaken if we think we could fight like that!
Basically when you lease a car, lets say a $60,000 car, you'll pay somewhere around $30,000 after 3 years and not keep the car. The car will lose some value anyway, however this allows people who otherwise can't afford a $60,000 car drive one.
I know to lease my Jaguar they wanted $850 a month with $3,500 down. To me thats nuts, but plenty of people do it.
Erik
#3
Sometimes it's not as nuts as it sounds. If you are self-employed and you have your company lease the car the payment and maintenance, oil-changes, etc...are deductible. Sometimes this makes better sense than having the company own the car and take a 5-year depreciation. Also, if you are talking about high-end cars, for people who are good investors it's better to leave the money invested than have it tied up in a depreciating asset.
#4
Re: leasing is so funny!
Originally posted by Frank Fontaine
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
If leasing is a great thing, why pay $1155/mo when you can pay $499? Lease--a 5-letter dirty word if you ask me.
Just for kicks, I checked out a loaded M3 Coupe on the BMW site and the lease payments for that were only around $700 for 36 months, whereas the 5-year purchase payments were about $1000.
#5
I think leasing is the best way when a car is over the $35,000-$40,000 mark. I wouldn't want to pay over $700.00 a month on a purchase for 5 years and then at the end of the term your left with something thats worth less than half of what you paid for.
#6
Originally posted by caz41
Also, if you are talking about high-end cars, for people who are good investors it's better to leave the money invested than have it tied up in a depreciating asset.
Also, if you are talking about high-end cars, for people who are good investors it's better to leave the money invested than have it tied up in a depreciating asset.
#7
Re: Re: leasing is so funny!
Originally posted by Creature
Uhhh... you did your math wrong. Plus, those prices you saw on the commercials were for leases. Manufacturers never put purchase rates on TV ads.
Just for kicks, I checked out a loaded M3 Coupe on the BMW site and the lease payments for that were only around $700 for 36 months, whereas the 5-year purchase payments were about $1000.
Uhhh... you did your math wrong. Plus, those prices you saw on the commercials were for leases. Manufacturers never put purchase rates on TV ads.
Just for kicks, I checked out a loaded M3 Coupe on the BMW site and the lease payments for that were only around $700 for 36 months, whereas the 5-year purchase payments were about $1000.
$700 for a loaded M3 isn't that bad...how much down?
Erik
#8
Originally posted by caz41
Sometimes it's not as nuts as it sounds. If you are self-employed and you have your company lease the car the payment and maintenance, oil-changes, etc...are deductible. Sometimes this makes better sense than having the company own the car and take a 5-year depreciation. Also, if you are talking about high-end cars, for people who are good investors it's better to leave the money invested than have it tied up in a depreciating asset.
Sometimes it's not as nuts as it sounds. If you are self-employed and you have your company lease the car the payment and maintenance, oil-changes, etc...are deductible. Sometimes this makes better sense than having the company own the car and take a 5-year depreciation. Also, if you are talking about high-end cars, for people who are good investors it's better to leave the money invested than have it tied up in a depreciating asset.
Adam
#9
LEASING
Originally posted by 2000MaximaSE
My thoughts exactly.....
Adam
My thoughts exactly.....
Adam
The only way you make out better is if you buy a car, pay it off in 5 years and then drive it another 3-5 years. I don't know about all of you but I'd much rather drive a new car every 3 years.
#10
Re: LEASING
Originally posted by Rott42
If you only keep a car 2-4 years leasing is by FAR the best way to go.
The only way you make out better is if you buy a car, pay it off in 5 years and then drive it another 3-5 years. I don't know about all of you but I'd much rather drive a new car every 3 years.
If you only keep a car 2-4 years leasing is by FAR the best way to go.
The only way you make out better is if you buy a car, pay it off in 5 years and then drive it another 3-5 years. I don't know about all of you but I'd much rather drive a new car every 3 years.
SuDZ
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