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re: Article: "Record number of car buyers 'upside down' on trade-ins"

Posted on 11/28/16 at 8:29 am to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51464 posts
Posted on 11/28/16 at 8:29 am to
Anybody in this thread lease their vehicle?

I'm always interested in hearing reasoning behind making the choice to lease. I feel like leasing gets unnecessarily shite on sometimes.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55524 posts
Posted on 11/28/16 at 8:31 am to
quote:

I'm always interested in hearing reasoning behind making the choice to lease. I feel like leasing gets unnecessarily shite on sometimes.



It's not all that bad if you genuinely want a new vehicle every 2-3 years, don't want to frick with outside maintenance, and have enough income to not really give a frick. I have an uncle who was been leasing M3s for 25 damn years.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40304 posts
Posted on 11/28/16 at 8:32 am to
I have a solid questions. What if you just literally have in your budget money appropriated for a car? I know half of you would say that can be spent elsewhere, but what if I just want the peace of mind knowing I have a lower probability of being stranded on the road for mechanical failure? Or even the social aspect of having a clunker? (just throwing arguments out there for discussion)
Posted by Mir
Member since Sep 2016
2777 posts
Posted on 11/28/16 at 8:33 am to
Leasing has a different set of pros and cons. It's a pretty good choice if you take clients out for dinners or locations with relative frequency as it affords you the luxury of a new vehicle every few years for the sake of keeping up appearances and amenities
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67601 posts
Posted on 11/28/16 at 8:37 am to
quote:

I'm always interested in hearing reasoning behind making the choice to lease.


Every car depreciates the second you drive it off the lot (basically the down payment for a lease) so I don't see the disadvantage to it. My stepmom has leased her last few cars and it has worked out well for her.
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