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Reply to "To lease or to buy?"
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[quote=Anonymous][quote=Anonymous]To get a decent lease payment these days, you need a 3 or 4 thousand dollar down payment. Why do that? Makes more sese to buy.[/quote] And on top of that, every few years you are paying a disposition fee for the privilege of turning in the car, extra charges for little dings and scratches, then upon leasing the next one you pay another doc fee, title, and registration fees, even an ACQUISITION fee (BMW's is $925) in most cases ...it's definitely not as cheap as the ads make it look when they show $399/mo* and in fine print there's a high down payment and a pile of fees. Personally, I would only lease if: --I had piles of disposable income and wanted a sexy, fun and insanely unreliable heavy depreciation vehicle (think: Range Rover) that I wanted to enjoy then get rid of in 36 months before that ticking time bomb blows up. --I was doing it for business tax reasons --I was in a life situation where I had to relocate to an area for a very specific timeframe (e.g. moving to LA for a 2-year nurse rotation then have no idea where you were moving after that) and needed a very predictable buy-and-turn-in arrangement. --I was one of the leasing insider nerds who waits until a wild leasehacker.com lease deal comes up and jumps on it (not as easy as it sounds). --I had a job where it was very important to drive clients around in a late-model vehicle (ultra high-dollar real estate).[/quote]
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