The advantages to leasing are typically the down payment is less & if you do it as a business you can write more of it off on taxes. You can also roll the least on a new vehicle when the least period is up. You still need to buy insurance, & @ the end of the lease you can buy the vehicle for a reduced rate, you don’t get to just keep it.
J From: vfb-mail@googlegroups.com [mailto:vfb-mail@googlegroups.com] Sent: Monday, February 15, 2016 3:02 PM To: vfb-mail@googlegroups.com Subject: Re: [VFB] Leasing a truck/Off Topic Just passing this on, Son in law and daughter leased a Mini Van, says he will never do it again. They bought one last year instead of leasing again. I can' tell you the reason for this. Arkansas Tony On Monday, February 15, 2016 2:44 PM, Chuck Alexander <chuckalexan...@centurylink.net <mailto:chuckalexan...@centurylink.net> > wrote: Folks: This is off topic, but does anybody here lease their vehicles vs. buying them?? If so, what pros/cons should I know??? We’ve been thinking of going that route because there is a place here that leases new cars for $199 a month, (count in all the “hidden” fees, taxes etc) then after “X” months, it’s yours to keep. Pros I see are that it includes ALL maintenance including tires, oil changes, brakes etc which can add up big time when you’re having to pay for all that anyway. Plus, the price includes insurance as well I think. Surely I do NOT know all the facts as we’ve never leased a car, but I’m getting too old to work on cars, and my knuckles will at least thank me LOL.. The only con I can think of are are that you’re paying for something that is not yours (yet, because for it to be “lease to own, you’d probably have to pay 8 yr or so on it). I had a father in law, and had a cpl cousins that ONLY lease cars, because every three yrs they turn them in for a new model. They say it’s the only way to go because if you pay cash, or take out a loan for a used vehicle, it could be a lemon that you are stuck with paying who knows how much in upkeep, so you may be paying $500-600 a month for the payment for 3-4 yrs, plus maintenance since it would be my luck that a kid had it first and hot-rodded it and NEVER changed the oil etc. Anyway, this is a HUGE financial leap for us as we have never had a brand new car/truck in any shape/form, or fashion, and I know we’d be basically “paying forever”, but on used vehicles, like I said, you do that anyways, and without the benefit of knowing the car’s background. Sure, you can run a “car fax” to see if it’s ever been wrecked, but that don’t tell you if Jeff Gordon was the previous owner, or if he EVER changed the oil, brakes, fluids, etc ect. Thanks, Chuck -- -- You received this message because you are subscribed to the "VFB Mail" group. To post to this group, send email to vfb-mail@googlegroups.com <mailto:vfb-mail@googlegroups.com> To unsubscribe from this group, send email to vfb-mail-unsubscr...@googlegroups.com <mailto:vfb-mail-unsubscr...@googlegroups.com> For more options, visit this group at http://groups.google.com/group/vfb-mail?hl=en VFB Mail is sponsored by Line's End Inc at http://www.linesend.com/ --- You received this message because you are subscribed to the Google Groups "VFB Mail" group. To unsubscribe from this group and stop receiving emails from it, send an email to vfb-mail+unsubscr...@googlegroups.com <mailto:vfb-mail+unsubscr...@googlegroups.com> . For more options, visit https://groups.google.com/d/optout. -- -- You received this message because you are subscribed to the "VFB Mail" group. To post to this group, send email to vfb-mail@googlegroups.com <mailto:vfb-mail@googlegroups.com> To unsubscribe from this group, send email to vfb-mail-unsubscr...@googlegroups.com <mailto:vfb-mail-unsubscr...@googlegroups.com> For more options, visit this group at http://groups.google.com/group/vfb-mail?hl=en VFB Mail is sponsored by Line's End Inc at http://www.linesend.com --- You received this message because you are subscribed to the Google Groups "VFB Mail" group. To unsubscribe from this group and stop receiving emails from it, send an email to vfb-mail+unsubscr...@googlegroups.com <mailto:vfb-mail+unsubscr...@googlegroups.com> . For more options, visit https://groups.google.com/d/optout. -- -- You received this message because you are subscribed to the "VFB Mail" group. To post to this group, send email to vfb-mail@googlegroups.com To unsubscribe from this group, send email to vfb-mail-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/vfb-mail?hl=en VFB Mail is sponsored by Line's End Inc at http://www.linesend.com --- You received this message because you are subscribed to the Google Groups "VFB Mail" group. To unsubscribe from this group and stop receiving emails from it, send an email to vfb-mail+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
