2011's in a month?

msb3079 · 10-06-2010, 11:18 PM

Yeah, sorry ShiroZ... I agree with IB.

While I've typically always leased... and leasing CAN be a great option... you listed all the wrong reasons.

1- Typically, leasing to buy does not work out best.
2- Umm never buy a car thinking it will be a collector's item... even so.. then you should be BUYING, not leasing.
3- Gap insurance? That's your reason?

Main advantages of leasing are if you typically don't want to keep a car longer than 3 years or so... you won't lose money on trading/selling. Also good if you want to be in a car you can't afford to buy. The Z is a BAD car to lease... Nissan doesn't make it attractive, which is why I ended up buying a leftover. My first car out of my past 4 that I didn't lease.

optiontrader · 10-08-2010, 01:46 AM

Quote:

Originally Posted by msb3079

Yeah, sorry ShiroZ... I agree with IB.

While I've typically always leased... and leasing CAN be a great option... you listed all the wrong reasons.

1- Typically, leasing to buy does not work out best.
2- Umm never buy a car thinking it will be a collector's item... even so.. then you should be BUYING, not leasing.
3- Gap insurance? That's your reason?

Main advantages of leasing are if you typically don't want to keep a car longer than 3 years or so... you won't lose money on trading/selling. Also good if you want to be in a car you can't afford to buy. The Z is a BAD car to lease... Nissan doesn't make it attractive, which is why I ended up buying a leftover. My first car out of my past 4 that I didn't lease.

I also view leasing as an easier, less hassle way to trade up to a newer car vice purchasing. You don't have to take the trouble to haggle the trade in or do a private sale prior to purchase. Just turn in, drive off in another.

Planning to keep the car for awhile here, FI it when the warranty runs out (or sooner!

), and then hand it over to the son when he's old enough to drive (not for another 8 years!).

msb3079 · 10-08-2010, 08:04 AM

Quote:

Originally Posted by optiontrader

I also view leasing as an easier, less hassle way to trade up to a newer car vice purchasing. You don't have to take the trouble to haggle the trade in or do a private sale prior to purchase. Just turn in, drive off in another.

Planning to keep the car for awhile here, FI it when the warranty runs out (or sooner!

), and then hand it over to the son when he's old enough to drive (not for another 8 years!).

Oh yeah, I definitely agree on that. If you're getting a brand new car (not a left over) and want it for 3 years or less... leasing is almost always the way to go.

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10-06-2010, 11:18 PM	#1 (permalink)
msb3079 Base Member Join Date: Dec 2008 Location: collingswood.nj Posts: 133 Drives: 12 Touring Sport 6MT Rep Power: 18	Yeah, sorry ShiroZ... I agree with IB. While I've typically always leased... and leasing CAN be a great option... you listed all the wrong reasons. 1- Typically, leasing to buy does not work out best. 2- Umm never buy a car thinking it will be a collector's item... even so.. then you should be BUYING, not leasing. 3- Gap insurance? That's your reason? Main advantages of leasing are if you typically don't want to keep a car longer than 3 years or so... you won't lose money on trading/selling. Also good if you want to be in a car you can't afford to buy. The Z is a BAD car to lease... Nissan doesn't make it attractive, which is why I ended up buying a leftover. My first car out of my past 4 that I didn't lease.