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Posted on 4/25/19 at 8:18 am to GetCocky11
quote:this is becoming less and less true each year
The majority of vehicle leasers do not fall into this category
Posted on 4/25/19 at 8:20 am to 50_Tiger
quote:
Hit them with the researched MF and RV
Where does one go to do this, simple Google search for a specific make and model manufacturer invoice and retail value come up with legit results, or is there a known credible source for this information?
Posted on 4/25/19 at 8:21 am to GreatLakesTiger24
Heres the thing i can go buy the damn thing and pay more a month or lease it and get a good monthly note and then buy it after 3 yrs or trade on new car. most ppl buy new cars every 3 to 4 yrs. some stick with them. wife has had current car for 10yrs. so plan is after 3 prob gonna finance the rest and keep. buykng and leasing has pros and cons
Posted on 4/25/19 at 8:22 am to ColoradoAg03
quote:
Where does one go to do this, simple Google search for a specific make and model manufacturer invoice and retail value come up with legit results, or is there a known credible source for this information?
I found my IS350 information on Edmunds forums. There's a guy that works for Lexus and will tell you the MF and RV for your region.
It's a message board format so you gotta do a little work.
Posted on 4/25/19 at 8:23 am to TIGER1790
quote:
some stick with them
This is me. I'm still in my '06 Cherokee at 165k miles, it's about done. Looking to get a '19 Tacoma when the '20s hit the lots in July. I plan on keeping that as long as possible as well.
This post was edited on 4/25/19 at 8:24 am
Posted on 4/25/19 at 8:23 am to TIGER1790
quote:
Heres the thing i can go buy the damn thing and pay more a month or lease it and get a good monthly note and then buy it after 3 yrs or trade on new car. most ppl buy new cars every 3 to 4 yrs. some stick with them. wife has had current car for 10yrs. so plan is after 3 prob gonna finance the rest and keep.
This is essentially what im doing
Unless the IS-F comes out
Posted on 4/25/19 at 8:24 am to DCtiger1
quote:
We’ve all been sold a bill of goods on the dream of owning a home.
All?
Posted on 4/25/19 at 8:37 am to 50_Tiger
Did the same with our 4Runner. Will drive it for as long as we can.
Posted on 4/25/19 at 9:10 am to TIGER1790
(no message)
This post was edited on 5/11/19 at 11:50 am
Posted on 4/25/19 at 9:16 am to DCtiger1
quote:
We’ve all been sold a bill of goods on the dream of owning a home.
Maybe I'm dense today but what does this mean?
Posted on 4/25/19 at 9:44 am to TIGER1790
quote:
....most ppl buy new cars every 3 to 4 yrs. some stick with them.
MOST people? Or just most people you know?
According to an IHS study, the average length of new-vehicle ownership in the U.S. stands at 79.3 months, or nearly seven years.
New cars every 3 years or so may have been the thing back in my parents generation, when Detroit was humming, planned obsolescence was a thing, most cars were financed for 36 or 48 months (3-4 years) and an 8 year-old car looked radically old compared to new cars on the street. It was also a status symbol for some to drive a new car every few years.
Nowadays cars have longer warranties AND last longer, financing is typically 60 months or longer (if you're not an OT baller throwing down cash), and other than some relatively minor cosmetic differences, cars don't change as much appearance-wise as they used to (compare a '64 Corvette to a '74 Corvette, for instance-- or a '66 T-Bird to a '76 T-Bird).
Posted on 4/25/19 at 2:21 pm to atxfan
quote:
Maybe I'm dense today but what does this mean?
The notion that everyone should own a house is just as bad as the notion that everyone should go to college. People preach homeownership as a symbol of success. It’s what defined success for generations before us.
However, owning a home doesn’t make sense for an upwardly mobile individual. It ties you down geographically and financially. It doesn’t generate any income, it is most likely a huge liability although everyone looks at homeownership as having a huge asset.
Posted on 4/25/19 at 2:37 pm to 50_Tiger
quote:Then you are making poor financial decisions to compensate for something else in your life. But if you can afford to be bad with money, feel free.
Okay, so what if I wanted something new every 3 years and had the financial means of doing such a thing
Posted on 4/25/19 at 3:38 pm to TIGER1790
If you think they are losing that much money money on the deal...you need help dude
Posted on 4/25/19 at 3:44 pm to TIGER1790
quote:
Manager says
Right off the bat I can tell you he is lying.
Posted on 4/25/19 at 3:45 pm to WDE24
quote:
Then you are making poor financial decisions to compensate for something else in your life. But if you can afford to be bad with money, feel free.
Okay so everyone who throws ridiculous money at a hobby (that doesn't generate revenue mind you) can be put under this ridiculous pearl clutching statement you threw out there.
What if I told you I was maxing my 401k and Roth?
What if I told you I didnt want to wait til 70 to enjoy life.
frick that noise. Spend a little now, enjoy a little too.
Do you take vacations? That's a waste of money you could have used to invest in more Dave Ramsey videos.
Posted on 4/25/19 at 4:07 pm to GreatLakesTiger24
quote:
you're about to get a bunch of 1970s Dave Ramsey financial advice
I’m glad you were finally unbannedPosted on 4/25/19 at 4:10 pm to TIGER1790
Listen, do not lease. Buy her a Toyota Corolla, if necessary, but do not lease.
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