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re: Mercedes Winter Sale Event..Low rates..

Posted on 12/18/13 at 8:20 am to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38617 posts
Posted on 12/18/13 at 8:20 am to
Leasing may work for you. But for most people, it doesn't or shouldn't.

Leasing, you own nothing, but you owe something.

Ever wonder why most dealerships are happy to push leasing? Hint, it's not because it's a better deal for their customer.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89632 posts
Posted on 12/18/13 at 9:09 am to
quote:

Hint, it's not because it's a better deal for their customer.


Well it lets people "buy" more car than they can afford, in many cases, with an extra premium kicked in.

I guess if you don't actually "drive" the car much, but are just having it to have it - it isn't a terrible deal. I mean if you must buy new, buy expensive and can't really afford it.

Posted by LNCHBOX
70448
Member since Jun 2009
84319 posts
Posted on 12/18/13 at 10:09 am to
quote:

Leasing may work for you. But for most people, it doesn't or shouldn't.

Leasing, you own nothing, but you owe something.


For the ticking time bomb of expensive maintenance that is a high end German luxury car, I would never do anything other than lease. I'd rather pay a note on it for 2 years, drive it 30k miles, and be able to walk away without the giant depreciation hit or any expensive repairs.

Now for cars with less complicated systems, such as my truck, there is no way I'd lease it.

Just my opinion though.
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