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Started By
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re: New SUV question
Posted on 1/7/15 at 1:08 pm to LNCHBOX
Posted on 1/7/15 at 1:08 pm to LNCHBOX
I guess if you want a payment for life them fine, but I despise a car payment. It has its purpose but I just can't stand it. So for me personally, I'll never have a lease. IF I'm lucky enough to be able to pay for a vehicle I'll always choose that option.
0
Posted on 1/7/15 at 1:08 pm to LNCHBOX
The point is to minimize how much the dealership is winning on you. You walk into Costco and leave with $500 worth of shite. You think Costco isn't winning on you 
Posted on 1/7/15 at 1:09 pm to VetteGuy
quote:
I just don't think the average buyer ($50K) comes out ahead leasing.
I would love to know who the average buyer is
I just see so many different types of buyer...only real pattern I see is the folks that buy the vehicles we deal tend to have Superb Credit Scores.
Posted on 1/7/15 at 1:10 pm to Breauxsif
quote:
The point is to minimize how much the dealership is winning on you
You think you're doing that by leasing?
quote:
You walk into Costco and leave with $500 worth of shite. You think Costco isn't winning on you
That is definitely something I claimed.
Posted on 1/7/15 at 1:12 pm to LNCHBOX
What do you have against leasing?
Posted on 1/7/15 at 1:12 pm to Coach Guidry
quote:
I just see so many different types of buyer...only real pattern I see is the folks that buy the vehicles we deal tend to have Superb Credit Scores.
People must be getting smarter. Good.
Posted on 1/7/15 at 1:12 pm to LNCHBOX
quote:
LNCHBOX
Out of pure curiosity...howd your situation turn out with the truck?
Posted on 1/7/15 at 1:13 pm to LNCHBOX
I was about to buy a new Nissan Rogue for my wife while visiting the in-laws at Thanksgiving. They asked 31k and I got em down to 24k, extended full warranty, and said if they can do 23 and give me 2k over what I actually wanted for the trade in that I'd do it.
They said no and I got up and walked out. That night he called and said "you've got the deal". I had already left town.
They said no and I got up and walked out. That night he called and said "you've got the deal". I had already left town.
Posted on 1/7/15 at 1:13 pm to Breauxsif
quote:
What do you have against leasing?
Mileage limits, security deposits, excess fees, hidden stuff you probably aren't even aware of. It looks to me like you don't have much of a clue about how any of it works.
Posted on 1/7/15 at 1:15 pm to Coach Guidry
quote:
Out of pure curiosity...howd your situation turn out with the truck?
I ended up in a Mustang GT
Got $26k for the truck, and what I would say was a good deal on the car I bought. Did have to go to houston for it though. Your deal was the best I'd have gotten on a Honda, I'll always keep you in mind should I need one (and recommend you to others as well).
Posted on 1/7/15 at 1:15 pm to Breauxsif
quote:
Breauxsif
I have to know who your avi is. I just read 3 pages of car advice hoping someone else would ask..
Posted on 1/7/15 at 1:17 pm to BoominHogtown
quote:
Your deal was the best I'd have gotten on a Honda, I'll always keep you in mind should I need one (and recommend you to others as well)
Appreciate that. Happy you got what you were looking for. I knew I was close on that trade number.
Posted on 1/7/15 at 1:17 pm to Breauxsif
quote:
What do you have against leasing?
You want to rent a house your entire life?
Posted on 1/7/15 at 1:17 pm to LNCHBOX
Depreciation on a fixed asset over useful life in years. You see, I don't mind have a payment, because I choose to have a new car every couple years. You can negotiate a lease just like a purchase. The OP was smart in investigating employee buying, i.e Plan A. If you're leasing a car that's in the $60-100K range leasing is the only way to go without absorbing depreciation.
Posted on 1/7/15 at 1:18 pm to Breauxsif
quote:
Depreciation on a fixed asset over useful life in years. You see, I don't mind have a payment, because I choose to have a new car every couple years.
Then leasing is perfect for you. You understand why you're doing it...all that matters.
Posted on 1/7/15 at 1:19 pm to Breauxsif
Cars today last longer and hold value better than ever before.
A car certainly isn't worn out at 36,50, or even a 100K. Plus, most basic warranties are in the 4 year/50K range with an OEM 100K warranty being available for only $1200 or so.
The basic problem with leasing is that you will never build equity and you will always have a car note.
Now, there may be legit personal reason(new car every 3 years) or certain business advantages to leasing, but for most buyers, leasing is a far more expensive option than just biting the bullet and financing a car.
A car certainly isn't worn out at 36,50, or even a 100K. Plus, most basic warranties are in the 4 year/50K range with an OEM 100K warranty being available for only $1200 or so.
The basic problem with leasing is that you will never build equity and you will always have a car note.
Now, there may be legit personal reason(new car every 3 years) or certain business advantages to leasing, but for most buyers, leasing is a far more expensive option than just biting the bullet and financing a car.
Posted on 1/7/15 at 1:21 pm to Breauxsif
I get why leasing is good for you. However I now know that you are horrible with money management.
Eta: 7thward is that you?
Eta: 7thward is that you?
This post was edited on 1/7/15 at 1:22 pm
Posted on 1/7/15 at 1:21 pm to hawgndodge
We have the 2011 XLT with the 3.5L. We like it a lot. the power is not substantial but we get great gas mileage ~21 in city and ~27 on hwy. The engine is more than enough for what you want probably ( I am coming from a Hemi)
Posted on 1/7/15 at 1:22 pm to TigerHam85
quote:
However I now know that you are horrible with money management.
I'd be willing to wager his credit score is 750 or above...with plenty of money in the bank.
Posted on 1/7/15 at 1:23 pm to VetteGuy
What car brings positive equity nowadays? VetteGuy you may have some inside knowledge, which I'd like to hear about.
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