rotesAuto

god I'd hate to have to lease a car

Dadio

Last April. Was new when I got it and plan to keep it awhile. All I have to do is stay out of the dealers new car showroom.

ELUSIVE

That's crazy!
There are lots of good reasons to lease a car for the right person.

Ever heard the sound financial advice to buy appreciating assets and lease depreciating assets?
What if you want an easy out after the lease term?
What if you don't want to ever sell a car?
What if you don't want to pay tax on the full car?
What if you own your own business and want to write it off?
What if you don't want a car out of warranty?

I don't have a lease...but there have been many times when I wish I did!!!

Volnomad

That's a fine specimen and darn well worth premature (lease) eradication!

malexgcab

Congrats fellow NJ (by Upper Montclair).

TommyV44

Me too!!!!

Tom

TommyV44

Thanks a bunch!

Tom

TommyV44

That's what I thought!!

Tom

MessyMarvin

That is outstanding, I would not let that car go either!!!!!

Congrats!!

rotesAuto

I also do not have a cell phone, a credit card, a mortgage and no debt.......
I was raised to pay as you go.....and not go into debt.....
and when you lease you need full insurance and you're paying someone else
more money than you need too...
If I can't have something I want: I just wait and save up for it.......

but you're right, leasing for the average American isn't all bad...........

Spokane5150

simmer down Ramsey....

MessyMarvin

I just took a loan out for my entire cost of the car, I am paying 2.39% interest, I could have sold stock to pay for it, but that would be a terrible financial decision. I made over 10% this past year on my investments, pulling from that when rates are so low is foolish in my opinion. I will more than likely pay it off early, but not for a few years.

I also do not lease, but if I owned a business I certainly would, all I am saying is everyone is different and based on their situation different methods of buying/leasing a car works for each situation.

Tcc1999

"Rejoice, O young man in your youth; and let your heart cheer you in the days of your youth, and walk in the ways of your heart, and in the sight of your eyes . . ."

Spokane5150

I'm impressed. You're not even living in the Bible belt. Ecclesiastes 11:9

ELUSIVE

How do you:
Buy plane tickets?
Reserve a hotel room?
Do online purchases?
Rent a car?