FISHHEAD Posted May 14, 2019 Report Share Posted May 14, 2019 I lease a Chevy Equinox 12K miles/year, 24 months. It really depends how much you drive. I basically ran my last car into the ground and needed something easier for my mother to get in and out of if she needed to go anywhere. I'll do it again unless my driving habits change a lot. If you are looking at buying, look at buying a car that just came out of a lease. They still have the warranty and are a little cheaper to insure.That's one of the best lease options in terms of value right now...….from a leasing standpoint. Quote Link to comment Share on other sites More sharing options...
bookbraker Posted May 14, 2019 Report Share Posted May 14, 2019 Just bought earlier today a 2017 toyota sienna xle limited for the wife... 27,500. 18,600 miles Financed 3.79 for 60 months put 12,500 down..... less than 300 per month. Gonna have a fukin car payment now. Wtf. Quote Link to comment Share on other sites More sharing options...
bookbraker Posted May 14, 2019 Report Share Posted May 14, 2019 Sorry double post Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted May 14, 2019 Report Share Posted May 14, 2019 Just bought earlier today a 2017 toyota sienna xle limited for the wife... 27,500. 18,600 miles Financed 3.79 for 60 months put 12,500 down..... less than 300 per month. Gonna have a fukin car payment now. Wtf.60 months? Pass. Quote Link to comment Share on other sites More sharing options...
Deemer Posted May 14, 2019 Author Report Share Posted May 14, 2019 Fuk cars Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted May 14, 2019 Report Share Posted May 14, 2019 Quote Link to comment Share on other sites More sharing options...
bookbraker Posted May 14, 2019 Report Share Posted May 14, 2019 60 months? Pass.You can always pay it off sooner the rate went up at 72 months. Quote Link to comment Share on other sites More sharing options...
bookbraker Posted May 14, 2019 Report Share Posted May 14, 2019 60 months? Pass.My one work truck was 72 months at 3.25 9 payments of 420 left. Quote Link to comment Share on other sites More sharing options...
Hoops Posted May 14, 2019 Report Share Posted May 14, 2019 If you’re driving under 10k a year lease if you buy go for a 12-18 month earlier model you will save a ton Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 14, 2019 Report Share Posted May 14, 2019 I'm on my 3rd straight lease in a row...so obviously I think I prefer leasing. Yes, you always have a payment but the payment is much lower than buying, and you never have to worry about car repairs. I've actually gone over my miles the first 2 leases but because I went back to the same dealership each time, they waived the miles overage fees. I also haven't paid for an oil change in over 6 years and have put a grand total of 0 down on each lease. Plus I get to drive a brand new car every 3 years since I'm someone that gets sick of cars fast. Obviously I know I'm in the minority. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted May 14, 2019 Report Share Posted May 14, 2019 Agree buying is usually the way to go. I’ve always bought 4-5 year old used cars at what I see as a steep discount due to the depreciation on cars being so heavily weighed to the first few years. That said, looking at cars now and may consider leasing bc it’s just easier. No worries about things breaking or maintenance costs. Plus I get bored of cars quickly and rarely keep one more than 3-4 years anyways. Also obviously as others have said, leasing is a no brainer most of the time as a business vehicle. Quote Link to comment Share on other sites More sharing options...
housepicks Posted May 14, 2019 Report Share Posted May 14, 2019 Car usage factors in quite a bit imo. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted May 14, 2019 Report Share Posted May 14, 2019 You can buy 4 year old Maserati Ghibli's for like $25k. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted May 14, 2019 Report Share Posted May 14, 2019 You can buy 4 year old Maserati Ghibli's for like $25k.Not a bad idea. Only thing is I imagine they’re insanely expensive to maintain. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted May 14, 2019 Report Share Posted May 14, 2019 A very good credit score will allow one to get better lease deals, so this is something to keep in mind if thinking of leasing. Quote Link to comment Share on other sites More sharing options...
MadTiger Posted May 14, 2019 Report Share Posted May 14, 2019 Just bought earlier today a 2017 toyota sienna xle limited for the wife... 27,500. 18,600 miles Financed 3.79 for 60 months put 12,500 down..... less than 300 per month. Gonna have a fukin car payment now. Wtf. I expect to see true Poverty Meal contributions.<--------------------------------------- Quote Link to comment Share on other sites More sharing options...
Deemer Posted May 14, 2019 Author Report Share Posted May 14, 2019 I'm on my 3rd straight lease in a row...so obviously I think I prefer leasing. Yes, you always have a payment but the payment is much lower than buying, and you never have to worry about car repairs. I've actually gone over my miles the first 2 leases but because I went back to the same dealership each time, they waived the miles overage fees. I also haven't paid for an oil change in over 6 years and have put a grand total of 0 down on each lease. Plus I get to drive a brand new car every 3 years since I'm someone that gets sick of cars fast. Obviously I know I'm in the minority.Sort of leaning this way Quote Link to comment Share on other sites More sharing options...
ted sheckler Posted May 14, 2019 Report Share Posted May 14, 2019 never leased. bought 2 cars brand new. drove the first one for 8 or 9 years, got 7 or 8K trade in on it a few years ago. never had major expense, just oil changes and 2 sets of tires. probably 2.5K total into it. 50 bucks an oil change 3 times a year and 800ish in tires. bought grand cherokee, had trade in, put down 12 or 15. paid it off in a couple years. have put next to nothing into it and had no payments for 2 years. could trade in now and get 13-15K for it. I've got friends that lease and have to rent cars if they gonna take a 500 mile road trip. If I'm driving a fucking honda or toyota or cherokee who the fuck cares about a new car in 3 years when it's basically the same shit. Get your shit paid off, enjoy no payments for a while then trade in when you need an expensive repair. Quote Link to comment Share on other sites More sharing options...
brownsfan Posted May 14, 2019 Report Share Posted May 14, 2019 I always buy new. I know its probably better to buy slightly used, but I don't trust prior owners to have maintained the car properly, plus I like the 0-2% financing you can usually get on new cars. Keep the car for 10 years/120-150k miles and repeat. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted May 14, 2019 Report Share Posted May 14, 2019 What this thread is proving is there are different strokes for different folks. ...................and there are PROS and CONS to every single one of them. From a PURE FINANCIAL VALUE standpoint, in most instances, BUYING a slightly used vehicle is the best option, but pure financial value is not on the top of the list for all those seeking a vehicle. Quote Link to comment Share on other sites More sharing options...
WVU Posted May 14, 2019 Report Share Posted May 14, 2019 It’s pretty simple. Leasing allows you to drive a much nicer car than you can really afford. (Or want to pay) Quote Link to comment Share on other sites More sharing options...
Deemer Posted May 14, 2019 Author Report Share Posted May 14, 2019 Some strong points. Quote Link to comment Share on other sites More sharing options...
JAKEPEAVY21 Posted May 14, 2019 Report Share Posted May 14, 2019 depends on several factors and there are pros and cons to both.. Quote Link to comment Share on other sites More sharing options...
rito Posted May 14, 2019 Report Share Posted May 14, 2019 I'm a fan of leasing with rates low. Ended up buying my car after the lease expired anyway. Quote Link to comment Share on other sites More sharing options...
Sam Losco Posted May 14, 2019 Report Share Posted May 14, 2019 cash for cars, buy what you can afford and dont finance lease not a bad option if there are tons of rebates/deals and your paying under 3k a year for the car at most. you have to get lucky to find a great oportunity though Quote Link to comment Share on other sites More sharing options...
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