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PEACH28
LIF Adult
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Member since 2/06 974 total posts
Name: Denea
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SPINOFF: buying or leasing?
what's your preference?
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Posted 6/5/06 10:42 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
suvenR
designer mutt
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Member since 5/05 4239 total posts
Name:
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Re: SPINOFF: buying or leasing?
buying works out better for me.
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Posted 6/5/06 10:43 PM |
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BaroqueMama
Chase is one!
Member since 5/05 27530 total posts
Name: me
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Re: SPINOFF: buying or leasing?
I prefer buying.
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Posted 6/5/06 10:44 PM |
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Shroggie
Don't Worry...Be Happy
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Member since 5/06 6261 total posts
Name:
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Re: SPINOFF: buying or leasing?
My family always bought, so thats what I do...I wouldn't mind leasing though.
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Posted 6/5/06 10:54 PM |
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Re: SPINOFF: buying or leasing?
I wish I bought - I want to get out of my lease in the worst way and am just afraid of losing money. The stupid car is not even a year old yet.
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Posted 6/5/06 10:55 PM |
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Beth
The Key to your new home....
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Member since 2/06 24849 total posts
Name: Beth
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Re: SPINOFF: buying or leasing?
I think we debated this last week
but for me- leasing- for many reasons
1. short attention span - I always want something new
2. cars are a pain to sell - and when you trade them in you never get close to what you owe/worth
3- Maintaince- the kinds of cars I like get expensive to fix after 5 or 6 years- my Dad told never to buy a Mercedes or other german car- always lease
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Posted 6/5/06 10:58 PM |
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Beth
The Key to your new home....
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Member since 2/06 24849 total posts
Name: Beth
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Re: SPINOFF: buying or leasing?
Posted by scarletbegonia
I wish I bought - I want to get out of my lease in the worst way and am just afraid of losing money. The stupid car is not even a year old yet.
you would lose money after a year if you bought too- the trade in value would be alot less and why would someone want to buy a 1 year car
have you looked into lease trader- I can't do it with mine b/c I would still be liable but alot of car makers will let you transfer your lease
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Posted 6/5/06 11:01 PM |
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2PreciousBlessings
The Perfect Pair
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Member since 5/06 19861 total posts
Name: Best Wife & Mommy
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Re: SPINOFF: buying or leasing?
Buying works for me.
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Posted 6/6/06 7:16 AM |
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hazeleyes33
LIF Adult
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Member since 5/05 13060 total posts
Name: Ginger
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Re: SPINOFF: buying or leasing?
I currently lease but will probably not do it again because it is hard to come up with the downpayment every few years.
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Posted 6/6/06 8:02 AM |
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emilain
UNREAL!!!!!!!!
Member since 5/05 4457 total posts
Name: Mama
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Re: SPINOFF: buying or leasing?
Posted by Beth1210
I think we debated this last week
but for me- leasing- for many reasons
1. short attention span - I always want something new
2. cars are a pain to sell - and when you trade them in you never get close to what you owe/worth
3- Maintaince- the kinds of cars I like get expensive to fix after 5 or 6 years- my Dad told never to buy a Mercedes or other german car- always lease
same here, I always want a new car after the 1st year and we usually are able to upgrade after a few years. i just got the 2007 Yukon and I already can't wait to get the XL version in 3 years! I do think leasing isa waste of $, but i will only buy a car if I know for sure it is a great car that is compatible with my family and needs.
Message edited 6/6/2006 8:59:29 AM.
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Posted 6/6/06 8:59 AM |
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emilain
UNREAL!!!!!!!!
Member since 5/05 4457 total posts
Name: Mama
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Re: SPINOFF: buying or leasing?
Posted by scarletbegonia
I wish I bought - I want to get out of my lease in the worst way and am just afraid of losing money. The stupid car is not even a year old yet.
Lot sof companies will get you out of your lease. My girlfriend had the Mercedes SUV and needed a larger car, and when she went to the caddy dealer they literally write a check to mercedes for the full amount to get her out of the lease (I guess they figure in the long run they will make $, plus they are 2 high end vehicles). Some companies will also let you trade between cars under the maker, or they will pay a certain amount of months for you to get out of the car, We just went through this and we swallowed a big cost but it was worth it.
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Posted 6/6/06 9:02 AM |
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Summer05
LIF Adult
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Member since 5/05 2320 total posts
Name:
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Re: SPINOFF: buying or leasing?
We prefer to buy
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Posted 6/6/06 9:03 AM |
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LBG30
:)
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Member since 9/05 3423 total posts
Name: Noelle
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Re: SPINOFF: buying or leasing?
I prefer to lease-I like to get a new car every 3 yrs
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Posted 6/6/06 9:11 AM |
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Pumpkin
LIF Adult
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Member since 5/05 3353 total posts
Name:
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Re: SPINOFF: buying or leasing?
I have always leased you get a new car, small down payment, just have to get oil changes and basic maintence. which is great.
however there is a flip side that ia m learning you are stuck with the car for the durantion of the lease. so that can be a problem, but to go back to the flipside of buying yes you can sell the car but you are responsible for whatever goes wrong, and that can be $$$, It depends on how you are with money I think
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Posted 6/6/06 9:35 AM |
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Eva Luna
Be kind...life's hard!
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Member since 8/05 4750 total posts
Name: God, bless & heal my DH, JenG's DH Rob & DebG
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Re: SPINOFF: buying or leasing?
If we were in NYC still, we would lease. It makes the most sense, you get a new car every few years, everyone's happy. But because we live in GA we can't really lease...we drive too many miles a year (like 20K) and it's normal to have relatively new cars out here with 100K+ miles. So what we did was get cars that retain their value...we both own Honda's, they seem to have really high resales. The same goes with Volkswagen.
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Posted 6/6/06 9:37 AM |
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metsgirlie
How did you get blue eyes?
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Member since 11/05 3763 total posts
Name: LC's Mommy
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Re: SPINOFF: buying or leasing?
I've always bought. I drive too many miles so I don't think leasing is for me.
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Posted 6/6/06 9:37 AM |
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steph4777
**************
Member since 5/05 11726 total posts
Name: Stephanie
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Re: SPINOFF: buying or leasing?
Buy - We drive too much to consider a lease and like not having a car note. Plus it's really not that serious to have a new car every 3 yrs.
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Posted 6/6/06 9:39 AM |
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kaklesmay
Love my baby boy!
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Member since 9/05 1151 total posts
Name: Kim
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Re: SPINOFF: buying or leasing?
Buying for sure but I would never buy new, only used. I can't deal w/ the depreciation driving off the lot.
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Posted 6/6/06 11:10 AM |
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Blu-ize
Plan B is Now Plan A
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Member since 7/05 32475 total posts
Name: Susan
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Re: SPINOFF: buying or leasing?
Posted by hazeleyes33
I currently lease but will probably not do it again because it is hard to come up with the downpayment every few years.
Never put any money down on a lease.
Message edited 6/6/2006 11:11:32 AM.
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Posted 6/6/06 11:11 AM |
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pnm1654
Mommy to 2 boys!
Member since 5/05 4565 total posts
Name:
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Re: SPINOFF: buying or leasing?
Buying.
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Posted 6/6/06 11:13 AM |
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Blu-ize
Plan B is Now Plan A
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Member since 7/05 32475 total posts
Name: Susan
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Re: SPINOFF: buying or leasing?
I lease...every three years..
Love having a new car I can get into a new car with almost no money out of pocket (taxes and reg) Lower monthly payment and I get to give it back before any problems happen.
I don't mind having the payment for peace of mind and no repair problems.
I also believe in renting things that depreciate and buying things that appreciate.
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Posted 6/6/06 11:14 AM |
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Beth
The Key to your new home....
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Member since 2/06 24849 total posts
Name: Beth
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Re: SPINOFF: buying or leasing?
Posted by Blu-ize
Posted by hazeleyes33
I currently lease but will probably not do it again because it is hard to come up with the downpayment every few years.
Never put any money down on a lease.
me neither- I paid the tax and I know I shpuldn't have- but the bank fee- I was going to argue- but I had just found out some devasting news and my mine was there
I rolled the rest into the payment- even if I bought I wouldn't put money down- I would rather a slightly higher payment and have my cash to do other things with-
edited- b/c I want to add that I have never seen my Dad buy a car cash- and he could certainly afford too- he puts down nothing but the tax and then does the new ballon payment thing or buys- he keeps his money making money for him- I try to do what ever he does- he retired from being a teacher at 55 with more then enough to live on nicely
Message edited 6/6/2006 11:17:17 AM.
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Posted 6/6/06 11:14 AM |
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lorich
.
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Member since 6/05 9987 total posts
Name: Grammie says "Lora Gina"
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Re: SPINOFF: buying or leasing?
LINK to post on this topic.
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Posted 6/6/06 12:36 PM |
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Shanti
True love
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Member since 6/05 12653 total posts
Name:
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Re: SPINOFF: buying or leasing?
Buying
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Posted 6/6/06 12:39 PM |
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Jessica
I'm a mommy :)
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Member since 1/06 7322 total posts
Name: ~Jess~
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Re: SPINOFF: buying or leasing?
depends on everyone's unique situation I own now but will lease next time
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Posted 6/6/06 1:15 PM |
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