Do you lease your car?

General » General Discussion

[ARCHIVED THREAD] - Do you lease your car?

Posted: 8/13/2007 3:03:03 AM EDT

I don't and never have. The last new car I bought was back in the 60's. I am cheap.

Posted: 8/13/2007 3:14:03 AM EDT

[#1]

GAWD no.

Posted: 8/13/2007 3:18:41 AM EDT

[#2]

For most people, leasing new vehicles makes absolutley no financial sense.

It is a marketing tool designed to put the middle class into indentured servitude by creating a monthly payment which fits the income. This as opposed to actually being able to afford the product you wish to use (buy).

<-----Pays cash for vehicles. Gonna drive 'em till the wheels fall off.

Posted: 8/13/2007 3:20:33 AM EDT

[#3]

Quoted:
Gonna drive 'em till the wheels fall off.

I'd add "...and when the wheels fall off, I'll pick up another set of wheel bearings before I remount and balance the wheels".

Posted: 8/13/2007 3:21:54 AM EDT

[#4]

No. Paid cash for it.

Posted: 8/13/2007 3:22:08 AM EDT

[#5]

Quoted:

Quoted:
Gonna drive 'em till the wheels fall off.

I'd add "...and when the wheels fall off, I'll pick up another set of wheel bearings before I remount and balance the wheels".

Word

Posted: 8/13/2007 3:26:44 AM EDT

[#6]

I tend toward both extremes.

I will drive a $500 POS for a year or so and/or a one or two year old DEPENDABLE vehicle and keep it until the wheels rust away.

Leasing a vehicle is for those who buy lotto tickets expecting to win.

Posted: 8/13/2007 3:29:11 AM EDT

[#7]

Quoted:
I tend toward both extremes.

I will drive a $500 POS for a year or so and/or a one or two year old DEPENDABLE vehicle and keep it until the wheels rust away.

Once I get a garage built, I'll finally be able to get back into TIG welding. My Jeep has some serious body rot that needs attention. I should be able to keep it going indefinitely, but I need a place to do it.

I don't know what the fuck I was thinking when I moved into a house with no garage.

Posted: 8/13/2007 3:33:40 AM EDT

[#8]

We lease one, own the other outright. For us to is STUPID not to lease.

YMMV.

Posted: 8/13/2007 3:34:47 AM EDT

[#9]

Leasing is for people who want to drive a car they can't really afford. Dave Ramsey calls it "Fleecing"

I put $7k down on my $16k car, and when the $215 payments are done I'll drive it for another 6 or 7 years.

ETA I'm speaking of individuals. For some businesses, I've been told it might have tax advantages.

Posted: 8/13/2007 3:42:14 AM EDT

[#10]

Quoted:
Leasing is for people who want to drive a car they can't really afford. Dave Ramsey calls it "Fleecing"

I put $7k down on my $16k car, and when the $215 payments are done I'll drive it for another 6 or 7 years.

ETA I'm speaking of individuals. For some businesses, I've been told it might have tax advantages.

+1
Leasing is for people who like to live well beyond their means.

[ARCHIVED THREAD] - Do you lease your car?

General » General Discussion

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