**** CARS: LEASE versus BUY ****

[surfinillini]

I soon will be in the market for a new car...I'm looking for something nice but not looking to spend lots of $$ on DP and maintenance.

would leasing be a better option for me?

I guess there are good arguments for both...

please convince me

[billygrippo]

buy.

[surfinillini]

I'll add a poll

[nincomepoop]

I'm not a fan of leasing and all the garbage that's entailed with it . . . technically not yours, mileage restrictions, etc.

[crackhead]

surfin, I've leased 2 cars in the past and bought my most recent one. I've got opinions about both, but it's situation dependent. PM me if you want a breakdown for both options.

[bwana devil]

[ QUOTE ]
PM me if you want a breakdown for both options.

[/ QUOTE ]

yes, that's one route. or he could just post a thread to the general forum.

bwana

[RunDownHouse]

[ QUOTE ]
PM me if you want a breakdown for both options.

[/ QUOTE ]
If you're going to bother typing it out in any case, why not just post it?

EDIT: whatever, I'm sure the advice won't be very good in any case.

[surfinillini]

[ QUOTE ]
[ QUOTE ]
PM me if you want a breakdown for both options.

[/ QUOTE ]
If you're going to bother typing it out in any case, why not just post it?

[/ QUOTE ]

I'll copy and paste

[bigbrother36]

I've been in the car business for almost 5 years now, so I can offer a professional viewpoint. While this question is somewhat dependant on your needs and future plans, in general, leasing is the better option. Here's why.

1. A car is a depreciating asset. In general, you want to own things that are going to appreciate and rent (lease) things that are going to depreciate. This is why you buy your home.

2. The "garbage" that nincomepoop mentions is irrelevant. If you plan to finance the vehicle, it belongs to the bank anyway. The good thing about leasing is that the bank is taking all the risk for the future market value, yet you are still able to capitalize on a profitable future situation. If you buy, the risk (1:1) of depreciation is all yours.

3. Most manufacturers offer leasing programs that charge a lower rate of interest than is commonly available for traditional financing (buy) options.

What vehicles are you considering? Why? PM me if you want any further help. I'll answer any questions you may have.

[surfinillini]

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What vehicles are you considering?

[/ QUOTE ]

Infinity G35
BMW 3 series
H3

a few others as well but you see where I'm going