Reply to Luxury SUVs - any to avoid

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Luxury cars are meant to be leased even in today’s much changed leasing market with money factor snd residual. Costs of repair after 3 years can be daunting with the myriad electronic systems/sensors, adjustable suspensions, and the like. [/quote]

I thought leasing was an unwise financial decision?[/quote]

Cars lose their value the minute you drive them off the lot. I think that the notion that leasing is an unwise financial decision is rooted in the 1950s way of thinking about cars--that you buy one for the investment of owning a car for the life of the car. [b]Cars a disposable these days[/b]. Drive it for a few years and then turn it in for a new one. Otherwise, the money you think you're saving on a lease will be spent on mechanical repairs and other things you'll need to do to maintain the upkeep of the car. Personally, I'd rather have a new model every few years. [/quote]

This is wrong on so many levels. Nobody needs to change cars every few years, although if you want to, don’t minimize the lease payments. For most of your car’s life, repairs will cost much less than monthly lease payments. [/quote]

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