Am I getting raped on this lease???

[GoldenDelicious]

If I can't pay cash, I don't buy it. Period. Credit will give you a false sense of security, and leasing is, IMO, the worst possible thing you can do with your money as far as a vehicle goes...

What is the residual value on your lease? It is the price that you can opt to buy the car for at the end of your lease...

it comes down to 2 things: 1) cashflow (so long as $ is flowing, leasing is a great thing to do from a couple of points of view and 2) satisfaction from simply "owning" your vehicle. lots of whitegoods stores have advertisments making fun of people who rent furniture etc, saying that it "isnt really theirs", for example.

personally i like the idea of owning, because im one of those super careful people with my stuff, and its always in FAR better condition than everyone elses. besides, i dont buy things that depreciate quickly, and im not running a business atm.

sounds to me like juice is doing exactly the right thing. have fun, bor

 

[NJjuice22]

You are correct. That was your 2 cents? Letting me know that I misspelled a word? Look, I am not trying to start shit with you.... I am simply replying to tiger88'ths reply about me being a moron....

What you do with your money is your business.... I just don't agree with leases at ALL and I just wanted to state that fact.

I have said about 3x in this thread that I dont care about peoples opinions on leases. there is number 4.

 

[powderguy]

I have said about 3x in this thread that I dont care about peoples opinions on leases. there is number 4.

If you don't care about other peoples opinions, why even post this in the first place? So you can brag about the BM you are about to get? Trying to 'pull some ho's'?

 

[NJjuice22]

If you don't care about other peoples opinions, why even post this in the first place? So you can brag about the BM you are about to get? Trying to 'pull some ho's'?

you are a fucking moron dude. I dont care about peoples opinions of the idea of leasing a car . whether it a good decision or not to lease in general. I dont care about that.


what i was looking for was opinion on MY SPECIFICS NUMBERS on THIS SPECIFIC lease for people who know about leasing.

ok dipshit..got it? good.

 

[powderguy]

you are a fucking moron dude. I dont care about peoples opinions of the idea of leasing a car . whether it a good decision or not to lease in general. I dont care about that.


what i was looking for was opinion on MY SPECIFICS NUMBERS on THIS SPECIFIC lease for people who know about leasing.

ok dipshit..got it? good.

LMFAO!

 

[NJjuice22]

I love the black background, thanks newb!!

 

[powderguy]

I love the black background, thanks newb!!

What's that? I can read your post! LOL!

 

[wootoom]

im thinkin about getting a Ferrari Modena

 

[The Shadow]

I can't believe people are questioning whether or not he can afford the payment. Do any of you know what he does for living? What his other expenses are? I admire that he actually responded in Post #53.

Actually, I learned something from this thread. I didn't know leases can be deducted for a business. I have made a mental note of that.

...and others as well.


You can write either:

1 - Total expense of the car including payment, gas repairs, tires etc


OR

2 - Mileage driven at the new fed rate of, I believe, 48.5 cents per mile.




Also - if the company requires you to maintain additional insurance, the difference may be a deduction as well

 

[curling]

I kinda of feel like I have been ripped off on my wife beamer lease. I paid $5k down on a 06' 525i and I pay $680/mo with 15k miles of use. At the end of the lease I am guaranteed it will be worth $27k.

Did I get ripped?