LetemEatCake

Champion Author
Oklahoma City
Posts:5,596 Points:1,204,605 Joined:Mar 2008
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Message Posted: Jul 16, 2012 10:26:37 PM
Very informative article! Thanks for posting Leemun!
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coughlin

Champion Author
San Jose
Posts:5,180 Points:1,116,890 Joined:Sep 2009
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Message Posted: Jul 15, 2012 9:30:37 PM
Scary.
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Pete12

Champion Author
Albany
Posts:4,874 Points:1,644,175 Joined:Nov 2005
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Message Posted: Jul 15, 2012 7:55:01 PM
Not interested right now. Not in the market.
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Caduceus26

Champion Author
Jacksonville
Posts:3,891 Points:761,410 Joined:May 2009
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Message Posted: Jul 15, 2012 7:52:13 PM
Look carefully before you sign a lease agreement. If you do a lot of driving you might want to think twice before leasing - purchasing may be a better option for you. A 25,000 mile agreement comes out to 68 mile/day for the year. Along with the lower monthly payments comes lower usage of the car and going over the agreement mileage can be very costly. Remember: At the end of the lease you will likely walk away with "bupkis" and you will still probably need a car.
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MrZarf

Sophomore Author
Baltimore
Posts:165 Points:645,510 Joined:Mar 2011
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Message Posted: Jul 15, 2012 5:05:29 PM
Buy, and buy for the long-term. No reason that a good car can't last at least 10 years, with appropriate maintenance.
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335d1

Champion Author
Virginia
Posts:2,376 Points:758,070 Joined:Feb 2011
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Message Posted: Jul 15, 2012 4:15:46 PM
I prefer to buy.
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schatzila

Champion Author
Los Angeles
Posts:4,944 Points:1,015,645 Joined:Jun 2010
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Message Posted: Jul 15, 2012 3:39:56 PM
Buy, don't lease.
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carranco

Champion Author
Georgia
Posts:1,027 Points:269,015 Joined:Dec 2008
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Message Posted: Jul 15, 2012 3:27:23 PM
A car is at the top of the list of things to never buy new.
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bston

Champion Author
Oklahoma City
Posts:1,815 Points:641,300 Joined:Mar 2011
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Message Posted: Jul 15, 2012 2:53:56 PM
Leases are fleeces.
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sljbc475

Champion Author
Tucson
Posts:4,215 Points:871,400 Joined:Dec 2010
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Message Posted: Jul 15, 2012 1:42:14 PM
Thanks for the info.
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PurplepassionNC

All-Star Author
North Carolina
Posts:838 Points:157,310 Joined:Mar 2012
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Message Posted: Jul 15, 2012 1:22:42 PM
I say buy at the auctions. Can get a steal of a buy on newer models.
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A2J

Champion Author
Richmond
Posts:3,070 Points:601,975 Joined:Aug 2011
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Message Posted: Jul 15, 2012 12:40:39 PM
Great info
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Gassed01

Champion Author
Toronto
Posts:6,349 Points:1,801,815 Joined:Jan 2006
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Message Posted: Jul 15, 2012 12:19:14 PM
We're shopping. Our lease runs out at the end of August. There is actually some equity in the buy out vs market price - a 2008 Honda CRV.
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Skunk63

Champion Author
Phoenix
Posts:2,556 Points:557,500 Joined:Oct 2011
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Message Posted: Jul 15, 2012 11:50:55 AM
The lease has never made any sense to me unless it's being written off as a business expense.
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Gazas

Champion Author
Oakland
Posts:2,252 Points:446,900 Joined:Feb 2012
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Message Posted: Jul 15, 2012 11:50:38 AM
Good to know.
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amerk73

Champion Author
Dallas
Posts:7,045 Points:1,620,105 Joined:Oct 2008
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Message Posted: Jul 15, 2012 11:43:27 AM
too expensive
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buckets42

Champion Author
New Jersey
Posts:1,690 Points:329,550 Joined:Oct 2011
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Message Posted: Jul 15, 2012 11:23:17 AM
Whatever
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VanIsleLes

All-Star Author
British Columbia
Posts:898 Points:276,245 Joined:Jun 2012
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Message Posted: Jul 15, 2012 11:21:08 AM
Lol
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aquarinut

Champion Author
British Columbia
Posts:1,628 Points:436,855 Joined:Jul 2011
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Message Posted: Jul 15, 2012 11:17:25 AM
I don't like loans and leases make no sense so I purchase my vehicles. Still too expensive for me right now.
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Buckeyee

Champion Author
Maine
Posts:4,602 Points:898,780 Joined:May 2010
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Message Posted: Jul 15, 2012 10:38:28 AM
Way to expensive.
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cmmattia

Champion Author
Long Island
Posts:1,975 Points:390,610 Joined:Mar 2012
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Message Posted: Jul 15, 2012 10:20:40 AM
that is great news ..... thanx :)P
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jl1rp

Champion Author
New Hampshire
Posts:1,806 Points:356,230 Joined:May 2012
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Message Posted: Jul 15, 2012 10:19:33 AM
ok
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bisonjim

Champion Author
Florida
Posts:1,050 Points:205,255 Joined:May 2012
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Message Posted: Jul 15, 2012 10:18:49 AM
The article could have been written almost ny previous July/August.
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gbs1

Champion Author
Minnesota
Posts:1,996 Points:741,625 Joined:Mar 2011
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Message Posted: Jul 15, 2012 10:15:37 AM
I'll arrange my own, thank you
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BuckyTJones

Champion Author
Salt Lake City
Posts:4,932 Points:967,950 Joined:Mar 2010
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Message Posted: Jul 15, 2012 10:02:16 AM
No Thanks
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bwatchingu

Champion Author
Arkansas
Posts:1,740 Points:600,645 Joined:Jan 2009
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Message Posted: Jul 15, 2012 10:00:14 AM
interesting
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skinsfan125

Champion Author
Virginia
Posts:1,553 Points:282,195 Joined:Jul 2010
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Message Posted: Jul 15, 2012 9:59:55 AM
wow
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beale055

Champion Author
Philadelphia
Posts:1,292 Points:425,475 Joined:Jan 2012
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Message Posted: Jul 15, 2012 9:57:41 AM
Buy and maintain
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PathfinderSC

Champion Author
South Carolina
Posts:9,516 Points:1,829,890 Joined:Mar 2008
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Message Posted: Jul 15, 2012 9:35:16 AM
Cars are to high today.
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fedupMN

Champion Author
Twin Cities
Posts:2,949 Points:572,480 Joined:Mar 2011
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Message Posted: Jul 15, 2012 9:33:51 AM
Happens every year at this time
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58salty

Champion Author
Jacksonville
Posts:6,605 Points:628,915 Joined:Aug 2011
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Message Posted: Jul 15, 2012 9:28:06 AM
Great
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dsaine

Champion Author
North Carolina
Posts:2,992 Points:631,520 Joined:May 2011
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Message Posted: Jul 15, 2012 9:26:50 AM
ok.
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ec951

All-Star Author
Riverside
Posts:909 Points:381,515 Joined:Nov 2011
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Message Posted: Jul 15, 2012 9:25:35 AM
Interesting.
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Seamus4513

Champion Author
Orange County
Posts:2,578 Points:385,605 Joined:Mar 2012
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Message Posted: Jul 15, 2012 9:25:32 AM
Whatever
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mossimo36

Champion Author
St. Louis
Posts:2,660 Points:495,875 Joined:Sep 2011
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Message Posted: Jul 15, 2012 9:22:48 AM
ok
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WeasleyOC

Champion Author
Orange County
Posts:3,144 Points:801,350 Joined:Jul 2008
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Message Posted: Jul 15, 2012 9:15:12 AM
Okay
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sciotosix

Champion Author
Dayton
Posts:2,744 Points:665,150 Joined:Apr 2011
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Message Posted: Jul 15, 2012 9:04:40 AM
Good information if you can afford it.
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unipanini

All-Star Author
New York
Posts:903 Points:264,575 Joined:Mar 2012
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Message Posted: Jul 15, 2012 8:57:52 AM
Good to know
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atdinut

Champion Author
California
Posts:1,608 Points:353,985 Joined:Apr 2012
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Message Posted: Jul 15, 2012 8:48:56 AM
Ah, that new car smell!
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tgusa

Champion Author
Virginia Beach
Posts:2,476 Points:439,875 Joined:Jun 2006
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Message Posted: Jul 15, 2012 8:47:06 AM
meh
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FJCruiserCA

All-Star Author
California
Posts:517 Points:325,800 Joined:Dec 2010
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Message Posted: Jul 15, 2012 8:44:21 AM
the best leasing deals are "Not leasing and just buy". Unless you can deduct the lease for buisness reasons.
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N5EXY

Champion Author
Austin
Posts:5,487 Points:1,509,105 Joined:Jul 2004
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Message Posted: Jul 15, 2012 8:34:22 AM
Leasing sucks. Buy new, keep it maintained properly, and run it for at least 150k miles.
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dorisntx

Champion Author
Fort Worth
Posts:2,079 Points:645,105 Joined:Apr 2011
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Message Posted: Jul 15, 2012 8:32:31 AM
ok
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rbrk02

Champion Author
Rhode Island
Posts:5,736 Points:816,255 Joined:Jan 2011
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Message Posted: Jul 15, 2012 8:27:24 AM
Nice to see the Explorer in the mix. Makes it tempting.
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WalkingWV

Champion Author
West Virginia
Posts:3,701 Points:778,845 Joined:May 2008
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Message Posted: Jul 15, 2012 8:18:04 AM
Leasing is for suckers.
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investmentdr

Champion Author
Cleveland
Posts:4,024 Points:1,454,075 Joined:Sep 2008
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Message Posted: Jul 15, 2012 8:17:45 AM
no good deals
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farmboyTN

Champion Author
Tennessee
Posts:2,258 Points:448,355 Joined:Feb 2012
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Message Posted: Jul 15, 2012 8:12:19 AM
ok
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fracknsave

Champion Author
Grand Rapids
Posts:1,666 Points:58,000 Joined:Mar 2012
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Message Posted: Jul 15, 2012 8:01:31 AM
I think it's a typo on the milage per year. Probably should be miles during lease term or 10 to 12k miles per year.
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Norm10

Champion Author
British Columbia
Posts:3,337 Points:162,700 Joined:Dec 2010
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Message Posted: Jul 15, 2012 7:44:41 AM
Who could ever drive a Volt 36,000 miles in a year?
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Agarre

Champion Author
Richmond
Posts:1,335 Points:263,785 Joined:Feb 2012
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Message Posted: Jul 15, 2012 7:39:26 AM
Good info
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