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Ive always thought of leases as a way of driving high priced cars at lower payments and for only a couple of years and then you lease a new car
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#1 (permalink) |
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A True Z Fanatic
![]() Join Date: Sep 2009
Location: TX
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Ive always thought of leases as a way of driving high priced cars at lower payments and for only a couple of years and then you lease a new car again. IMO anything over two or three years should be bought. Lease the GTR.
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2010 LS3 C6 Silver coupe corvette |
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#2 (permalink) |
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Base Member
Join Date: May 2009
Location: Los Angeles
Posts: 159
Drives: 370z Silver
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I don't know, I have never owned a car in my life, I have leased for 17 years.
For me its like renting any car you want, and at the end of 3 years, I drive it back to the dealership, drop off the keys and say thank you for letting me rent the car. Then I go get a new car I have avoided expensive maintenance, I abused the **** out of the car...........Now I can get a brand new car. I can always lease above my means. I have had Civics---to----Jaguars----to a G35-----to a 370----next the plan is a porsche. I get why you all say buy, own, buy, own, Its just not for me. Maybe when I am 65 Ill buy my Cadillac, until them I will just have fun getting a new car every 3 years. Different for everyone I guess. |
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#3 (permalink) |
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A True Z Fanatic
![]() Join Date: Sep 2009
Location: TX
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IMO I would not buy the car at the end of a lease its just not good money sense. Get another car. Leases are for people who want a new car every so often, so never think about buying the car afterwards. And Im not a big fan of putting that much down for a rental.
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2010 LS3 C6 Silver coupe corvette |
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#4 (permalink) | |
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A True Z Fanatic
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Quote:
They put residuals on the end of the lease, and sometimes they are lower than trade values, where you could buy the Z turn around and sell it yourself and make a few bucks. You just have to wait until the lease is almost up and look up the value of the car against the residual buy out, then make your decision. To say not never buy a lease at the end is not good advice, until you know all the facts. Putting money down on a lease; all you are doing is buying down your payment. That is it nothing more. |
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