LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

SPINOFF: buying or leasing?

Posted By Message
Pages: [1] 2

PEACH28
LIF Adult

Member since 2/06

974 total posts

Name:
Denea

SPINOFF: buying or leasing?

what's your preference?

Posted 6/5/06 10:42 PM
 
Long Island Weddings
Long Island's Largest Bridal Resource

suvenR
designer mutt

Member since 5/05

4239 total posts

Name:

Re: SPINOFF: buying or leasing?

buying works out better for me.

Posted 6/5/06 10:43 PM
 

BaroqueMama
Chase is one!

Member since 5/05

27530 total posts

Name:
me

Re: SPINOFF: buying or leasing?

I prefer buying.

Posted 6/5/06 10:44 PM
 

Shroggie
Don't Worry...Be Happy

Member since 5/06

6261 total posts

Name:

Re: SPINOFF: buying or leasing?

My family always bought, so thats what I do...I wouldn't mind leasing though.

Posted 6/5/06 10:54 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

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. Chat Icon Chat Icon

Posted 6/5/06 10:55 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

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



Posted 6/5/06 10:58 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

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. Chat Icon Chat Icon



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

Posted 6/5/06 11:01 PM
 

2PreciousBlessings
The Perfect Pair

Member since 5/06

19861 total posts

Name:
Best Wife & Mommy

Re: SPINOFF: buying or leasing?

Buying works for me.

Posted 6/6/06 7:16 AM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

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.

Posted 6/6/06 8:02 AM
 

emilain
UNREAL!!!!!!!!

Member since 5/05

4457 total posts

Name:
Mama

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.

Posted 6/6/06 8:59 AM
 

emilain
UNREAL!!!!!!!!

Member since 5/05

4457 total posts

Name:
Mama

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. Chat Icon Chat Icon



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.

Posted 6/6/06 9:02 AM
 

Summer05
LIF Adult

Member since 5/05

2320 total posts

Name:

Re: SPINOFF: buying or leasing?

We prefer to buy

Posted 6/6/06 9:03 AM
 

LBG30
:)

Member since 9/05

3423 total posts

Name:
Noelle

Re: SPINOFF: buying or leasing?

I prefer to lease-I like to get a new car every 3 yrsChat Icon

Posted 6/6/06 9:11 AM
 

Pumpkin
LIF Adult

Member since 5/05

3353 total posts

Name:

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

Posted 6/6/06 9:35 AM
 

Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

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.

Posted 6/6/06 9:37 AM
 

metsgirlie
How did you get blue eyes?

Member since 11/05

3763 total posts

Name:
LC's Mommy

Re: SPINOFF: buying or leasing?

I've always bought. I drive too many miles so I don't think leasing is for me.

Posted 6/6/06 9:37 AM
 

steph4777
**************

Member since 5/05

11726 total posts

Name:
Stephanie

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.

Posted 6/6/06 9:39 AM
 

kaklesmay
Love my baby boy!

Member since 9/05

1151 total posts

Name:
Kim

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.

Posted 6/6/06 11:10 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

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.

Posted 6/6/06 11:11 AM
 

pnm1654
Mommy to 2 boys!

Member since 5/05

4565 total posts

Name:

Re: SPINOFF: buying or leasing?

Buying.

Posted 6/6/06 11:13 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

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.

Posted 6/6/06 11:14 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

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.

Posted 6/6/06 11:14 AM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: SPINOFF: buying or leasing?

LINK to post on this topic.

Posted 6/6/06 12:36 PM
 

Shanti
True love

Member since 6/05

12653 total posts

Name:

Re: SPINOFF: buying or leasing?

Buying

Posted 6/6/06 12:39 PM
 

Jessica
I'm a mommy :)

Member since 1/06

7322 total posts

Name:
~Jess~

Re: SPINOFF: buying or leasing?

depends on everyone's unique situation
I own now but will lease next time

Posted 6/6/06 1:15 PM
 
Pages: [1] 2
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Buying/Leasing/Financing a car.... Lichi 7/5/05 42 Families Helping Families ™
Selling a House and Buying a New House - $$$ CaseyGirl 3/18/06 11 Home
I think we're buying a new house! Bxgell2 3/9/06 16 Home
If you bought or are thinking of buying a house... LAMGAJ28 3/6/06 28 Families Helping Families ™
Buying land???? ladybug78 2/28/06 9 Home
buying a home - looking for engineer williesf 1/22/06 9 Home
 
Quick navigation:   
Currently 68442 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows