Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:what happens if deprecriation increases because of a recession, then you over paid lease. better to just buy a car

Can you explain what you mean? The payment is only a little more than 1% of the MSRP, which my husband said is historically a good lease.

1% of MSRP, example $25,000 car for $250 lease; $60,000 car for $600 lease payment

usually a lease is based on the depreciations between start and end. If depreciation or the value of you car goes down then you are overpaying the difference

Op spend some time trying to understand this. It is more important that having a +1 year model.

I still don’t understand this. Do you mean you think we might be in better position in the 2022 for a profitable buyout at the end of lease to make a profit near turn-in? And the 2023 might have a different residual or something and lower likelihood for a profitable buyout in 36 months?

Or do you mean when this 2022 lease is up in 24 months, a new lease will likely be, who knows, $100-150 a month cheaper?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don’t get it. Why bother if it is the same car. Why does it matter that it has 0 miles vs 12k. You will return it anyways after 3 years.

There is a difference between 0 miles and 12,000. New car feels cleaner, tighter, and the paint sparkles more. And an opportunity for a different color ext and interior. It's basically like an opportunity to dump a lease after only a year for no penalty charges.

Can’t argue with how it feels to you but 1 year/12k miles has the advantage that it has been broken in and you know it doesn’t have any issues, which pop up in the first months of ownership.

It's a car not a new build house. This is so much bs.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:what happens if deprecriation increases because of a recession, then you over paid lease. better to just buy a car

Can you explain what you mean? The payment is only a little more than 1% of the MSRP, which my husband said is historically a good lease.

1% of MSRP, example $25,000 car for $250 lease; $60,000 car for $600 lease payment

usually a lease is based on the depreciations between start and end. If depreciation or the value of you car goes down then you are overpaying the difference

Op spend some time trying to understand this. It is more important that having a +1 year model.

Anonymous wrote:What's with the cryptic garbage. Name the brand. Why be a jerk?

My guess is Honda.

What's with the cryptic garbage. Name the brand. Why be a jerk?

But a lease? Why be a sucker?

Anonymous wrote:

Anonymous wrote:I don’t get it. Why bother if it is the same car. Why does it matter that it has 0 miles vs 12k. You will return it anyways after 3 years.

There is a difference between 0 miles and 12,000. New car feels cleaner, tighter, and the paint sparkles more. And an opportunity for a different color ext and interior. It's basically like an opportunity to dump a lease after only a year for no penalty charges.

Can’t argue with how it feels to you but 1 year/12k miles has the advantage that it has been broken in and you know it doesn’t have any issues, which pop up in the first months of ownership.

Anonymous wrote:

Anonymous wrote:what happens if deprecriation increases because of a recession, then you over paid lease. better to just buy a car

Can you explain what you mean? The payment is only a little more than 1% of the MSRP, which my husband said is historically a good lease.

1% of MSRP, example $25,000 car for $250 lease; $60,000 car for $600 lease payment

usually a lease is based on the depreciations between start and end. If depreciation or the value of you car goes down then you are overpaying the difference

Anonymous wrote:what happens if deprecriation increases because of a recession, then you over paid lease. better to just buy a car

Can you explain what you mean? The payment is only a little more than 1% of the MSRP, which my husband said is historically a good lease.

1% of MSRP, example $25,000 car for $250 lease; $60,000 car for $600 lease payment

what happens if deprecriation increases because of a recession, then you over paid lease. better to just buy a car

Anonymous wrote:I don’t get it. Why bother if it is the same car. Why does it matter that it has 0 miles vs 12k. You will return it anyways after 3 years.

There is a difference between 0 miles and 12,000. New car feels cleaner, tighter, and the paint sparkles more. And an opportunity for a different color ext and interior. It's basically like an opportunity to dump a lease after only a year for no penalty charges.