I lease once , never again.
Donna...
On Mon, Feb 15, 2016 at 4:28 PM, J Balmer <jbal...@betadigm.com> wrote:
> 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> 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
>
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