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Oh, you're right leasing is such a bad idea, because spending money to buy things that depreciate is so financially sound. Go talk to a good finacial advisor about this, they'll tell you that unless you drive way too many miles, or keep a car 8+ years, buying is a losing proposition in the end compared to a lease. Provided that you aren't one of those can't lease because of mileage or length of time you keep your car, if you took the money that you spent on a buy paymnent over a lease payment and spent it on a nicer house, you'd come out on top financially every time.
Another way of looking at it from a non fiancial standpoint: You can afford to drive a lot nicer car for the same amount of money. If you like cars like BMW 330i's and don't have 700+ a month to shell out to buy one, you can lease one for 400 and have the car you want. Or you can buy something you don't like for your 400. Which would make you happier for your 400 the BMW you wanted, or the Toyota you didn't?
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Hard-core CEG\'er
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In Soviet Russia, leaky bucket of water drives YOU!
Sorry, I still find that stuff funny
E0 #36
'95 Ranger
'82 Honda CX500
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Hard-core CEG'er
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Hard-core CEG'er
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Originally posted by red99sesport:
Oh, you're right leasing is such a bad idea, because spending money to buy things that depreciate is so financially sound. Go talk to a good finacial advisor about this, they'll tell you that unless you drive way too many miles, or keep a car 8+ years, buying is a losing proposition in the end compared to a lease. Provided that you aren't one of those can't lease because of mileage or length of time you keep your car, if you took the money that you spent on a buy paymnent over a lease payment and spent it on a nicer house, you'd come out on top financially every time.
Another way of looking at it from a non fiancial standpoint: You can afford to drive a lot nicer car for the same amount of money. If you like cars like BMW 330i's and don't have 700+ a month to shell out to buy one, you can lease one for 400 and have the car you want. Or you can buy something you don't like for your 400. Which would make you happier for your 400 the BMW you wanted, or the Toyota you didn't?
So your leasing a Corolla? 
Ryan
Trollin!
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Posts: 21,653
I have no life
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I have no life
Joined: May 2002
Posts: 21,653 |
Everytime I read your posts, I want to kill myself.
98.5 SVT
91 Escort GT (almost sold)
96 ATX Zetec (i brake to watch you swerve)
FS: SVT rear sway bar
WTB: Very cheap beater
CEG Dragon Run - October 13-15
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Joined: Jan 2003
Posts: 655
Veteran CEG\'er
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Veteran CEG\'er
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Originally posted by RTStabler51:
Originally posted by red99sesport:
Oh, you're right leasing is such a bad idea, because spending money to buy things that depreciate is so financially sound. Go talk to a good finacial advisor about this, they'll tell you that unless you drive way too many miles, or keep a car 8+ years, buying is a losing proposition in the end compared to a lease. Provided that you aren't one of those can't lease because of mileage or length of time you keep your car, if you took the money that you spent on a buy paymnent over a lease payment and spent it on a nicer house, you'd come out on top financially every time.
Another way of looking at it from a non fiancial standpoint: You can afford to drive a lot nicer car for the same amount of money. If you like cars like BMW 330i's and don't have 700+ a month to shell out to buy one, you can lease one for 400 and have the car you want. Or you can buy something you don't like for your 400. Which would make you happier for your 400 the BMW you wanted, or the Toyota you didn't?
So your leasing a Corolla?
Dude, I was using it as an example. Chill ok. I like the Toyota I'm driving, and I'm not about to bring a expensive car to school and have the hell get beat out of it anyway.
Oh yeah, and BTW, I don't drive a Ford anymore for a damn good reason. I got tired of putting money in the Fix Or Repair Daily Contour I drove. I'd rather spend the cash on a car that wasn't in the shop all the time, even if it is a Corolla. I don't know why some of you guys can't appreciate a car that doesn't have that blue oval on the front.
Last edited by red99sesport; 10/24/05 11:46 PM.
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Cool Toe Chris
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Cool Toe Chris
Joined: May 2000
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Who are these mysterious, yet oh so glamorous elders of which you speak of, CPW?
Are they the village elders, giving the youngin's advice? Are they the elders of Alderon, telling you to STFU? Please CPW, for the my and other's sanity, WHO ARE THE ELDERS?! What do they want?!?!? Oh the elders, the elders. Please save the elders!
Phew, had to get that out of my system.  Sorry Elders, whoever and whereever you areeeeeeee. 
Chris
NJ
98.5 SVT Silver Frost
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This thread needs more cocaine. 
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Addicted CEG\'er
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Addicted CEG\'er
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#4559 of 6535 born on Feb 17, 1998
Black 1998.5 CSVT
FOR SALE [cleaning house]: SVT rear swaybar. Reasonable offer and its yours!
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W...T...F... 
Troll. 1997 VW Jetta MkIII GLS 5spd
All hail my appearance on CEG!
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