Why would you buy instead of leasing?
>>14109624
Me? To avoid all those "hidden" costs. Mileage penalty, no-longer like new turn-in penalty, etc
>>14109624
Also that's misleading. There is also the $1500-$2500 up front before you lease fee. Probably higher on expensive cars.
Because when you buy the car, the car is yours.
>getting a loan
>>14109640
if I'm going to be trading it in every 3-4 years, what's the point?
>>14109648
*cough*
trendy asshole
*cough*
>>14109648
........Why would you trade in a new car after only 3 years? The whole point of a new car, for me at least, is to have it last as long as possible since I'll be good to it from day one with proper maintenance and care.
>>14109648
If you don't exceed the mileage or have ANY damage or wear it's fine. Otherwise, that'll cost extra at turn in.
>>14109624
do you get that $4k deposit back when you return the car?
>>14109653
I generally need a nice, newish car for work. I try not to go over 4-5 years old
>>14109650
It's part of the image of being in management, unfortunately
>>14109624
Because 'fines can be applied for excess mileage, condition, excess wear. You will not own the car.' as the adverts say in the legal bit.
Also because financial situations change. If you're financing a car and lose your job, you can give it back and get the balance paid back.
If you're LEASING a car and lose your job, you can return the car and lose all the money you've paid for it because it's their car. You're just renting it.
Really, I'll stick with the only limitation on the contract being 'make the fucking payments every month' rather than having to abide by mileage rules.
>>14109624
>36 months
What are you doing
I like to buy old beaters with cash money
>>14109624
At the end of a purchase I have a vehicle I can sell if I chose or buy a new. At the end of a lease, I have ???????????
>oh boy should i spend a lot of money by basically renting a car that i wont own
>oh boy should i spend a lot of money by actually buying a car and not being a nigger
Leasing is fucking stupid
>>14110232
no you are stupid
>>14110223
money
>>14109720
Who told you that you have to get new cars?
>paying $500 a month to rent a car
>>14109720
>billionaires drive cheap hybrids yet for some reason you need a new car every few years
>>14109720
Unless your putting 100k+ miles a year replacing a car that early is a waste of money. And leasing the car is usually almost two times expensive in the long run
>>14109720
>I'm in management now so I have to be a pretentious fag
Leasing isn't so bad if you want a new car every 2-3 years
>>14109720
>I generally need a nice, newish car for work.
Or a car so exquisite that age is irrelevant, which of course is something non-Brits wouldn't know about.
>>14109648
>trading it in every 3-4 years
I FOUND THE PROBLEM
>>14110403
>something non-Brits wouldn't know about.
>posts an american owned one
>>14110406
Non-Brit manufacturers. Show me a Cadillac that you can't pick up for less than five grand 15 years after release.
>>14110413
Nah you said 'something non-Brits wouldn't know about' but since a non brit went and bought one he obviously knows about it
Also dunno, there probably is one but I don't know since I'm not american and the only cadillacs I am aware of are the CTS-V and Escalade
Finally bentley has been austrian since 1998
>>14110413
>inb4 it doesn't count
>>14110444
How the hell am I supposed to know whether or not you could've picked up one of these for $380 in 1945?
>>14110467
>15 years after release
>2015-1930
>85 > 15
>>14109624
Leasing, loaning, it all boils down to the same thing.
You essentially buy time.
Instead of saving up and buying a car for a certain amount of money in, say, 4 years, you pay extra to have that right now.
You just gotta consider if that's worth it. Paying to skip a few years of saving.
It hardly ever is worth it, but most people aren't too bright with money, nor patient.
>>14110483
or you know, saving money and not dealing with the depreciation hit if you like to change cars often?
modern german cars are pretty much designed to be leased too
>>14110496
Or buying a 3 year old used car.
Leasing/financing is losing money. Period.
>>14110496
Naw, you have to pay for the depreciation on a lease anon. Just only the depreciation for the time you have it.
because te shortest lease term is two years which means a 4 years finance plan that being said its smarter to finance for 3 years due to lower intrest
>>14110511
>his car has my cum stains in it
>>14110511
>used
that's where we stop because we are talking about new cars, if you want used its your choice but some people want new
also other people finance because they don't feel comfortable with throwing out a large amount of money they saved up, so they pay something extra to feel safe
>>14110523
yeah but you still wont lose as much especially when considering premium german brands. leasing one every 3 years is way better than buying a 3 series now and exchaging it for the new platform in 3 years
although you americans are super paranoid of everything surrounding new cars so maybe you get some extra fuckery, here buying used is the fuckery. period.
>>14110568
The OP post said
Why would you buy instead of leasing?
Not once mentioning new cars.
>>14110599
well why would anybody lease/finance used cars
like i said i'm not american so you guys weird me out, i only buy new cars myself, at least as far as DDs are concerned, but i keep them until warranty expires
Because I drive 60k miles a year
>>14110609
You can get a used car with a warranty
>>14109648
>being a trendy faggot instead of babying your car until it has a million miles and zero worth
>>14109640
not if you take a loan
>not growing old with your car and dying with it
>>14110610
What the fuck do you do, nigger? Goddamnit, 60k a year?!?!?
>>14109624
Buy because I drive my cars into the ground.
>>14112332
60,000 / 365 = 164.4 miles each day.
6.85 miles for every single hour of the day, on average.
you can lease a 60k car for 600 a month.
good luck buying it for it that much.
>>14110286
I wasn't aware they gave your money back at the end of a lease
>>14112353
>You can rent a 60k car for 600 a month and then in 36 months you will be 21k less and still need a car
>But don't worry, you can rent another 60k car for 600 a month from that dealership
Leasing is a completely parasitic agreement, if you need to be driving a 60k car w/ 1200 mile/mo contract, then you are vain and your opinion is shit.
>>14112393
>mfw
>>14112353
my boss leases an RS7 for the price of leasing a base A4.
weird how the prices are but you can get some crazy deals if you're switched on.
>>14112405
can't you see the image in the OP? or are you having trouble understanding it?
>>14112405
It's not much different than buying.
You're just leaving it to the dealer to sell it and maintain it.
It's worth it for people that drive low miles, don't won't to deal with selling it, have no interest in keeping it long term, and want to let the dealer handle the maintenance.
Also if you own a business of any kind it's a no brainer.
>>14112332
That's not that crazy when you think about it. I was doing 500 miles a week without even making that long of a drive. If I were to make a 40 minute interstate commute every day, and sometimes twice, and make that same trip several times on the weekends, I could easily find a way to rack up 60k a year
Bunch of bitter poor faggots
>>14109640
If you take a loan the car is never yours unless you take it through the full term. The bank owns the car until you pay off the loan. Considering the average new car buyer trades their car in every two to four years anyway, they end up underwater in the car and never own their car anyway. For the average car buyer leasing is a better option as You are always in warranty and always in a new car every 2 3 or 4 years, depending on the lease term you select.
>>14112424
You are misunderstanding something, you stupid fucking asshole
You buy a car for 27k, it depreciates to 20k during your ownership. You have lost 7k, give or take.
You lease a car for 26k, you lose the ENTIRE twenty six fucking thousand.
Also, I have 0% interest on my car. Get rekt.
Net cost of purchase in ops image puts the vehicle at 1k more expensive than leasing, but at the end of the day, one method leaves you with tangible property and one does not. Both systems have obvious merits, and I personally think it is up to the individual to determine what suits them. Also, depreciation can differ between different vehicles, so something with a higher resale value could potentially beat out the "net value" of the lease.
>>14112481
keep reading the OP please, you haven't quite grasped this yet sweetie.
no rush, just take your time.
>>14112481
You're fucking retarded... wow
Seriously doubting you own a car with math skills like that.
>>14109648
>I admit that I am a faggot. Please rape my face
>>14112503
>>14112493
Are you niggers dumb? That graphic only compares a lease payment for a same term loan. It means nothing in relation to what we're talking about, which is KEEPING YOUR FUCKING CAR. All it says is "In 3 years you will spend this much!"
In that case, it's a 40k car with a 36 month term. So in 3 years, you spend 500 dollars more WOWOWOWOWOWOWOW, such a huge deal, you fucking homeless retard. In 6 years you will spend 54k vs 52k in vehicles and have a vehicle worth roughly 25-30k afterwoards. So at the end of 6 years, you're only out about half that and no more car payments for a very long time.
dumb
shit
>>14109648
have you looked into lease-swapping?
>>14112650
I'm sorry but you're gonna have to keep looking at the image, you're not quite there yet darl
>>14112677
Change your name to DUMBSWE, you're too fucking stupid to be a cunt.
>>14109648
kill yourself
>>14109624
>value of car is only half of original purchase price after 3 years
What? Why would you sell a car after only 3 years in the first place? Most warranties are good for 5+ years and modern cars offer 15+ years of reliable operation. This graphic makes no sense.
>>14112699
rich coming from someone who can't do basic arithmetic
>>14112752
Yeah bro, cars lose half their value after 3 years. I'm totally going to purchase a brand new car and then sell it after 3 years is up, because that's the smart thing to do.
More like, I'll buy a new car on 7 year contract with 0% apr so I pay less monthly than even a lease and have a reliable car for 7 years and once my payments are up, while you are forever locked in the car payment cycle because you don't own shit.
>>14112846
>84 months at 0%
Kek
>>14112846
so have you worked out what the image in the OP is telling you yet?
>>14112867
also this lel
>>14112870
Yes, it's telling me that you're a goddamn idiot. Enjoy your rental.
>>14112884
>he struggles with middle school maths
>>14109648
Most people don't do that you know?
>>14112240
>babying your car until it has a million miles and zero worth
sounds like 30 years of boredom and misery, even if you ended up saving the cost of an entire car that's like $20 a week extra in your pocket (ignoring compound interest)
i'm simply not poor enough to care about that, but each to their own
>faggots with shit credit saying that financing loses money
>not getting loans at below inflation
>spending less in real dollars over the term of the loan is losing money
top kek poorfags
>>14112904
On a scale of 1-10 how jealous are you of my 0% apr loan? I also got the Ford Z-plan for employees. Tell me how mad you are about my poor financial decisions
>leasing a car at 8% apr
>>14109648
You have a point, the only people that are getting mad over this reply are the poorfags stuck with their 99' corolla.
>>14112867
mine is on 72 months at 0%, so maybe it's out there
>>14112916
>boredom and miaery
Why are you buying a car you hate?
Also
>warranty expires
>go crazy with sick mawdz
>>14112988
>you're so dumb man why didn't you just use the ford employee discount like me!
>>14112332
Work across New England doing maintenance and construction, in a different state some times 7 days a week. 60 to 80h weeks 50w a year.
Im just getting out 12h day now.
Glad gas is under 2 a gal, getting 12mpg in 2500hd.
>>14113023
>t.busrider
Leasing is great for people like my mom.
She can get a brand new car every warranty cycle.
She doesn't have to worry about depreciation or trying to sell her car.
She just walks in, pays the same payment her whole life, instant new car every time the old one is off warranty, and all her maintenance is covered and scheduled.
Plus she's retired so the miles are low and the payment is cheap. The reduced $150 a month long term margin is not worth the hassle of selling and driving an old car to her. And I feel better knowing she's always in a free and clear warrantied car that's always new.
You would have to own the car for 5+ years before you started actually seeing big savings in owning vs leasing.
>>14113073
Leases aren't nearly that simple. You have to pay thousands up front before you make monthly payments. And you pretty much have to pay more money at the end. And do pay depreciation on lease, which is what the extra money is about. If you lease for 2 years, you pay the first 2 years depreciation, which are the steepest. 3 years, you pay for 3 years of depreciation.
You will never see any savings in buying or leasing a car. Ever. Whether you finance or don't finance.
>>14113036
If you drive that much, why the fuck wouldn't you get a small commuter car?
>>14109624
I would rather be a spandex bicyclist who rides in the middle of the road than DD a new car that I don't own.
I usually change my car every three months to avoid driving with a license plate here in commiefornia
>>14113036
Damn, that's a lot of work mang. Do you genuinely enjoy never having time to do things?
>>14113083
yes you pay 1 or 2 or 3 months up front
yes if you exceed mileage you pay more
yes some lease companies will gouge you for "damages"
but it can and often does work out cheaper than buying/finance
not always but often
that's all that matters to a lot of people.
not having your name on some paper for a car the bank actually owns.
but some people are different and want that paper and that debt. good luck to em
>>14113083
>You will never see any savings in buying or leasing a car. Ever.
No one said you would...
>>14109648
Of you trade your car that often then you're the problem.
>buy low production models
>very little to no depreciation
>first car e36 m3 sold for 5k profit
>second car clownshoe sold for 9k profit
>current car e86 MC waiting 3-4 years for application
leasing is for idiots even if the cars didn't go up in value you still have SOME value in the car so you can keep going up in car prices
>>14113433
>application
appreciation
>>14113433
did you miss the bit in the OP where leasing ends up costing (slightly) less?
the cars that don't depreciate are few and far between
>>14113458
>did you miss the bit in the OP where leasing ends up costing (slightly) less?
just reinforcing his point
>the cars that don't depreciate are few and far between
just gotta know where to look, lotus exiges are prime for buying right now give it a year or two they will be selling for 10k-15k more
>>14112393
they don't obv.
but if you can afford 1124/month finance costs then after paying 573/month leasing costs for 36 months you should have a large sum stacked up
oh wait, you spent it all?
that's not the fault of leasing, anon.
>>14112910
Forty percent of Americans do.
>>14113047
No seriously, why are you buying a car you hate driving/get bored of so easily?
>>14109624
>Buying new
>Going into debt
>Not upgrading an old shitbox
>Be faster than all the debtcucks who bought new for less money
Topkek
>>14113603
I just like variety. If you want to drive the same car for a decade at a time that's fine, I don't care what you do with your life.
>>14110566
feels good don't it
>>14110566
>Go to look at used car
>Shit stains on driver seat
>>14113509
Love how the prime examples of buying and selling on a profit are exotics, upper luxury and supercars. These cars you have to buy. People just pull out of their asses the exceptions.
>Cars are never an investment for the common owner be it new, used or leased.
>For the idiot laughing at the 72month loan at 0%apr....it's....0%.....no fucking financing charge except for closing fees at the dealership.
>There are different type of "leases". Manufacturers lease directly and banks buy the car and lease it to you also.
Right now i have a "lease" from the bank with all the body damage, maintenance, etc conditions but unlimited mileage. The people who benefit the most out of leases are the ones who baby the shit out of their cars and dont rack up the miles keeping depreciation down.
I drove 80k miles on 24months. Sold the car because it was gonna be worthless keeping a 2yr old car with that amount of miles. Got into the lease with the new car and at the end of the term I either bite the bullet and pay the residual depreciation and keep it or get some kid with poor credit wanting to get on a car he wouldnt be able to buy the normal way and make him get me out of the deal.
The ones worrying about down payments and interests either are people with no credit or cheapskates scared of financial commitment. Not everyone lives on the "car enthusiast" line and plans on spending their wages on old and used 90's nostalgia because hurr durr depreciation.
>>14112478
Last I checked your name is on the title when you buy a new car.
>>14114820
doesn't mean shit, it's a liability
>>14114820
You don't get an ownership title when you finance...
The name on the paper is worthless
>>14109720
I have a client who is on the board of directors of suntrust. He drives a 1992 es250. This guy has 3 corvette c2s and a Bentley. But shows up to work every day in that es. So my question to you is why not show up to work in a concourse early 90s shitbox vs some shitty new car with no character?
>>14114865
it might be a job where "character" is not a plus point and blending in helps
>>14114880
Don't think a car like this would stand out other than to people who know lexus.
>>14114865
You are missing he point. The guy with the Bentley at home doesn't need to convince anybody about his work ethic or success by means of appearance. The average joe needs to be presentable and have "nice" things because we fucking love sucess stories.
Steve Jobs worr a black turtleneck and generic white sneakers. Dress up like that for real world situations
>>14114865
I know some people that are worth 5m+ and they still drive mid 2000's Cadillac's and minivans. They've test driven every luxury car out there and they still choose the old Caddy's. Guess It's a ride quality/feel thing.
>>14114893
I see your point mate.
What's funny my crew I work with is all under 30 with the exception of the foreman. All of us make more than the average white collar person will. My foreman makes over 100k/yr and has so much money he doesn't even know what to do with it. All my coworkers drive beat to shit pickup trucks. I drive the nicest car and that's a 1992 ls400. So are white collar jobs that dependent on what car you drive and what brand you wear? Because every tradesman I've met couldn't give a shit at all and treats everyone equal regardless of what they drive or wear.
>>14114935
Many people don't care about that subjective reasoning but many people have the stupid logic:"oh he drives a new car or he drives a mercedes, he must be succesful". Lawyers, real estate and many professional service people are subjected to that kind of stupidity. Even the watch or shoes you wear. Your car is just another accesory on your day.
Like I said people love success stories or being lied too. I've seen people buy and drive around cars they can't afford and just to catter to that crowed. It works thou
Ever heard about the american dream and why people chase it around?
>36 months
>>14115059
>24 month lease vs 60 month loan
>>14112312
Buying on finance, stay poor.
>>14112867
Companies with a fucked product in a fucked economy will offer 0% to shift duff stock.
