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Joined: 03 Nov 2007
goodnatured's page
Posts: 3931

450 Magic Points

Posted on Thu Dec 31, 2009 1:19 am  

Nothing I have read here is good at all, seems like high pay rental with nothing to show in the end.

Seems an option to stay away from, straight out financing may be her best bet. I will pass on all information and let her make the decision to lease or buy, but I am sure it will be a buy, then if she gets tired of the vehicle she can always trade it out after a year or two.

Joined: 26 Feb 2008
fireyone's page
Posts: 4246

123 Magic Points

Posted on Sat Jan 02, 2010 6:07 pm  

Goodnatured, Yes it really is something people should stay away from. I relize a lot of younger people may do this smart lease thing because they never keep the car long and do not want the hassle of repairs. I imagine this would appeal tothe more finacially secure to but to us regular Joe we want to own our vehicle in the end.

Joined: 03 Nov 2007
goodnatured's page
Posts: 3931

450 Magic Points

Posted on Sun Jan 03, 2010 4:32 am  

I am from the old school, if I am paying for something I want to own it in the end. I guess that is why I always had trouble with renting a home, paying all that rent and not having anything to show. Some people rent for years and years and just keep feeding the landlords bank accounts.

I figure leasing a vehicle is about the same. Just my thoughts.

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