Pro/Forums - View Single Post - to the people that think their cars are worth the world.

airspirit · 03-31-2003, 05:56 PM

Leasing is a great option for those that trade every other year to every three years. Anything more than a three year lease is a RIP OFF because you'd have equity at that point and the lease factor (parallel to APR) will RAPE you.

I know quite a few people who are happy leasing because they like being in new cars all the time, though you have to be VERY careful with the car, and once you lease it you are stuck with it until the lease ends (or you are upside-down in a MASSIVE way).

Overall, though, the best deals for price:reliability are in one/two year old lease returns under 20K miles: you can typically buy them for around 50-60% original cost, and they are new enough to get you some of the best rates available from your bank/CU.

03-31-2003, 05:56 PM	#11
airspirit Been /.'d... have you? Join Date: Jul 2002 Location: Moscow, ID Posts: 1,986	Leasing is a great option for those that trade every other year to every three years. Anything more than a three year lease is a RIP OFF because you'd have equity at that point and the lease factor (parallel to APR) will RAPE you. I know quite a few people who are happy leasing because they like being in new cars all the time, though you have to be VERY careful with the car, and once you lease it you are stuck with it until the lease ends (or you are upside-down in a MASSIVE way). Overall, though, the best deals for price:reliability are in one/two year old lease returns under 20K miles: you can typically buy them for around 50-60% original cost, and they are new enough to get you some of the best rates available from your bank/CU. __________________ #!/bin/sh {who;} {last;} {pause;} {grep;} {touch;} {unzip;} mount /dev/girl -t {wet;} {fsck;} {fsck;} {fsck;} {fsck;} echo yes yes yes {yes;} umount {/dev/girl;zip;} rm -rf {wet.spot;} {sleep;} finger: permission denied