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I'm still trying to understand why people lease cars when they have money to spend... I could understand leasing if ya couldn't afford the $300 per month to buy a

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Old 09-21-2010, 05:55 PM   #1 (permalink)
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I'm still trying to understand why people lease cars when they have money to spend...

I could understand leasing if ya couldn't afford the $300 per month to buy a (for example) a honda fit and you paid $200 per month to lease... but not with a much more expensive car.

At least with buying a car, when all is said and done, you have something, in-hand, to show for it...

Is it the boredom factor? Automobile longevity? I'm not trying to criticize the OP. It's just something that makes me wonder...
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Old 09-21-2010, 10:34 PM   #2 (permalink)
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Originally Posted by Jamaica2G View Post
I'm still trying to understand why people lease cars when they have money to spend...

I could understand leasing if ya couldn't afford the $300 per month to buy a (for example) a honda fit and you paid $200 per month to lease... but not with a much more expensive car.

At least with buying a car, when all is said and done, you have something, in-hand, to show for it...

Is it the boredom factor? Automobile longevity? I'm not trying to criticize the OP. It's just something that makes me wonder...
If you like to change cars every 2-3 years, it makes PERFECT sense.
Also, I would NEVER want to have a car like this out of warranty.
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Old 09-21-2010, 10:42 PM   #3 (permalink)
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Quote:
Originally Posted by Jamaica2G View Post
I'm still trying to understand why people lease cars when they have money to spend...

I could understand leasing if ya couldn't afford the $300 per month to buy a (for example) a honda fit and you paid $200 per month to lease... but not with a much more expensive car.

At least with buying a car, when all is said and done, you have something, in-hand, to show for it...

Is it the boredom factor? Automobile longevity? I'm not trying to criticize the OP. It's just something that makes me wonder...
Also, you talk as if it's a house or an investment. It's a car... it depreciates EXTREMELY quickly.

If you want to be economical, yeah.. leasing is not the best. If you plan on keeping a car for a 5-10 years, then obviously you want to buy it. But if you're looking to have a new car every few years, then buying a car is a bad choice.

Just like buying a house is NOT always the best choice... depends on your needs... people need to think more for themselves and stop being so brainwashed.
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Old 10-05-2010, 05:21 PM   #4 (permalink)
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Default lease vs buy.

Quote:
Originally Posted by msb3079 View Post
Also, you talk as if it's a house or an investment. It's a car... it depreciates EXTREMELY quickly.

If you want to be economical, yeah.. leasing is not the best. If you plan on keeping a car for a 5-10 years, then obviously you want to buy it. But if you're looking to have a new car every few years, then buying a car is a bad choice.

Just like buying a house is NOT always the best choice... depends on your needs... people need to think more for themselves and stop being so brainwashed.
leasing can be a great option depends on how you look at it. i've always leased car and if i really wanted to keep it in the end, id buy it outright at that point because it is still money that you have invested into the car. the 370z is an amazing car, and will prob be a great collector's item in years to come. however there are quite a few advantages of a lease that no one knows about. the inclusion of gap insurance, is the biggest and most important thing id have to say. i recently totaled my vehicle and was stressing about payment for the different that insurance would give me for the car. when i found out that id be paying the difference i was wondering how and why i should be paying it when it was going to be taken care of by insurance i thought. then i received a call from nissan finance and was informed they were given notice of the car being totaled and were providing support for me to get into another vehicle and told me that gap insurance was included with every lease. it put me at ease knowing i dont have to come out with anything out of pocket. whereas with a purchase you have to have buy gap insurance.

for me its knowing that if a cooler vehicle comes out while im in the middle of a lease i can always switch cars. and let it go hassle free.
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Old 10-06-2010, 01:05 PM   #5 (permalink)
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Wrong, wrong, and wrong. This whole paragraph is an epic fail.


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Originally Posted by ShiroZ View Post
leasing can be a great option depends on how you look at it. i've always leased car and if i really wanted to keep it in the end, id buy it outright at that point because it is still money that you have invested into the car. the 370z is an amazing car, and will prob be a great collector's item in years to come. however there are quite a few advantages of a lease that no one knows about. the inclusion of gap insurance, is the biggest and most important thing id have to say. i recently totaled my vehicle and was stressing about payment for the different that insurance would give me for the car. when i found out that id be paying the difference i was wondering how and why i should be paying it when it was going to be taken care of by insurance i thought. then i received a call from nissan finance and was informed they were given notice of the car being totaled and were providing support for me to get into another vehicle and told me that gap insurance was included with every lease. it put me at ease knowing i dont have to come out with anything out of pocket. whereas with a purchase you have to have buy gap insurance. FOR WHAT? $10? Please

for me its knowing that if a cooler vehicle comes out while im in the middle of a lease i can always switch cars. and let it go hassle free.

Last edited by IB 350Z; 10-06-2010 at 01:17 PM.
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