Timeline for Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?
Current License: CC BY-SA 3.0
9 events
| when toggle format | what | by | license | comment | |
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| Jun 15, 2016 at 17:41 | history | edited | Rocky | CC BY-SA 3.0 |
typo
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| Jun 15, 2016 at 17:31 | comment | added | Mindwin Remember Monica | @Bakuriu instead of "nearly half a million km" say "drove the equivalent of more than 12 laps around Earth Equator". More awesomeness. | |
| Jun 15, 2016 at 16:50 | comment | added | corsiKa | Honestly, this is so nice. It's not like there's a short supply of car dealers willing to sell you good cars. They need you more than you need them, and not using that to your advantage is crazy! The only reason I didn't bargain as much on my car was because it was hail damaged and was already getting a huge deal on it. Still talked them down over a grand (12.5 to 11.3, not bad for a 4 year old car in perfect condition, minus a couple hail dents... no paint/rust damage though! I was happy!) | |
| Jun 15, 2016 at 16:34 | comment | added | Rocky | For those of us that really, really like cars and get a lot of joy from a luxury vehicle, buying a late model year user luxury car every ~8 years or so is a decent compromise and a way to fulfill our silly desires without foolishly buying or leasing brand new cars every few years. True, it's not for everyone and you'll save far more money if you look at a car as transportation and nothing else. I just can't do that. | |
| Jun 15, 2016 at 16:11 | comment | added | JimmyJames | I currently own a car with a potentially deadly airbag and no idea when a replacement will arrive. Kind of wish it was a lease at this point. My experience is that the monthly payment on a few year-old used car is more than the lease payment on a comparable new car. Depending on your financial situation, it's not always a better idea to tie a lot of money up in a car and if the car turns out to be a bad choice, you get to walk away. I've had leases where the effective cost was 1% which was far lower than what the loan rate would have been. | |
| Jun 15, 2016 at 13:38 | comment | added | Bakuriu | Any car can be used for 8+ years, it doesn't have to be a luxury car. My family had a 18 years old Galaxy with more than half a million kilometers and it was still usable. | |
| Jun 15, 2016 at 2:14 | comment | added | Nelson | You can spend a hundred bucks at a professional detailing company and give the car a new car feel. It is WAY more economical that way. I heard you can also buy a new car scent spray for couple bucks, if that's really what you're after. | |
| Jun 15, 2016 at 0:04 | vote | accept | livedonkey | ||
| Jun 14, 2016 at 21:23 | history | answered | Rocky | CC BY-SA 3.0 |