nikkas really out here leasing cars? :dahell:

[WeDemBoyz]

Would you rather pay $200/month for a new Honda or Toyota for 36 months (200 x 36 = $7200) or buy a 2010 used with low miles for $12,000

 

[CashmereThoughts]

I don't get how it's logical. The way I look at it is if I was going to hand over thousands of dollars in payments, I would prefer I own it one day. I have no problem paying off a vehicles and still driving it. I'm against trading in vehicles as well.

More people should buy what they like and can afford, and ride out with it. We all know dealerships are crooks so it would make sense that any option they offer you only benefits them--but they'll make you feel like you're winning.

Easy.. I want a 2015 BMW in 2014. And after 3 years I want another brand new car.

You don't take the hit on depreciatin, you just get to hop in a new whip with no negative equity. That how you avoid "owning" a car worth $19000 but you owe $27000 on it. When your in an out of new whips frequently. Negative equity is the devil

 

[The Refiner]

Very smart. If you lease, you have to do the math with respect to your finances. #1 never put a down payment. If they ask for a down payment, hit them with the and if they don't waive the down payment then hit them with the and bounce to the next dealer. On top of no down payment, go in their negotiating how much YOU want to pay. If they had a deal last month for $200 month and now they're asking $250, you better get them to give you that $200 month price. fukk their depreciation calculations, you come in their with your own math and run the show like a boss.

Exactly! A downpayment for something I'm essentially borrowing. Dealerships play on peoples vanity, and people fall for it. Consumers need to smarten up and take back our buying power.

The game will NEVER change if they keep raising the prices and we keep signing on that dotted line.

 

[WeDemBoyz]

Unless you continue to lease, you better negotiate to buy the car after the lease for a lowered price too. Otherwise you lose all your equity to use towards another car. Only

 

[WeDemBoyz]

Think Bout it like this too. Overtime, say 10-13 years, the cost of leasing 3-4 cars could exceed buying one car and paying it off where you would still have equity in the car, however low it may be. Remember, always, always negotiate somewhere between the dealer’s wholesale price and the manufacturer’s suggested retail price. You lawst if you're paying retail.

 

[The Refiner]

Easy.. I want a 2015 BMW in 2014. And after 3 years I want another brand new car.

You don't take the hit on depreciatin, you just get to hop in a new whip with no negative equity. That how you avoid "owning" a car worth $19000 but you owe $27000 on it. When your in an out of new whips frequently. Negative equity is the devil

You're afraid of depreciation, but you keep paying FEES every time you "hop in a new whip". And of course there is no negative equity because there is no equity at all.

Let's not pretend those dealerships fees are light either. They making money off of your need for a newer car--for no real reason either.

The way you avoid being upside down on your car payment is by being SMART and BUYING WHAT YOU CAN AFFORD and maybe PAYING MORE THAN YOUR MINIMUM PAYMENT.

I understand that if you gotta stunt, then all logic goes out the window--and to me it seems like you have a need to stunt.

Again, no package deal a car dealership ever offers you is to your benefit. You go into a dealership with the mind state of trying to minimize the damage because you KNOW you will get got somehow, but I guess ignorance is bliss.

 

[WeDemBoyz]

Easy.. I want a 2015 BMW in 2014. And after 3 years I want another brand new car.

You don't take the hit on depreciatin, you just get to hop in a new whip with no negative equity. That how you avoid "owning" a car worth $19000 but you owe $27000 on it. When your in an out of new whips frequently. Negative equity is the devil

That is irrelevant since you never obtain ownership and lose all your equity once your lease finishes. Leasing is good for those with consistency in their lives. Good job, good credit etc. Also good for those who want to ball on a budget because they can't afford the purchase price. Say what you want, but there's real ballers buying cars in cash out there and avoiding the interest on financing loans. If you can manage to negotiate no down payment and still get the monthly tab you want, leasing can be a very attractive option.

 

[hoodheronova]

LEASING IS NOT FOR BROKE N*GGAS

ITS FOR N*GGAS WITH PAPER WHO LIKE NEW WIPES EVERY SO OFTEN

EXPENSIVE SHYT YOU CAN'T EVEN DRIVE OFTEN CAUSE OF MILE RESTRICTIONS

 

[UserNameless]

Jay tried to put y'all niccas up on game damn near two decades ago...


"We don't lease
we buy the whole car...






















...as you should."

 

[Hahahaha]

if you cant pay it all in cash, drop half on it on a down payment and finance the rest during the time you intend of keeping it, the difference of interest rates of 2 years and 4 years isnt that much, and you'll be using the whip so why not "pay as you go".

First of all complete that people could just walk into a dealer and pay for a car in full or even half in cash unless you're buying like a 2000 Geo Metro .

If you have money like that it's still not a good investment as you can get a used car loan for 1.5% if you have good credit. Why in the world would you tie up a large chunk of money like that?

 

[UserNameless]

Why in the world would you tie up a large chunk of money like that?

When you've got it, it's nothing... buy the WHOLE car. You know, OWN it.

 

[OneManGang]

When you've got it, it's nothing... buy the WHOLE car. You know, OWN it.

Different trains of thinking. Who's to say you are right or he is right. But I'd get the low interest loan. I can use the money to invest and spend on other things that make me happy or make me more money than throwing away all the money at once. Could come out making more than the interest paid

 

[UserNameless]

Different trains of thinking. Who's to say you are right or he is right. But I'd get the low interest loan. I can use the money to invest and spend on other things that make me happy or make me more money than throwing away all the money at once. Could come out making more than the interest paid

It can be circumstantial for sure. I'd rather just own it... the concept ownership is so elusive and fluid anyway, but at least I'd have a receipt.

 

[Htrb-nvr-blk-&-ug-as-evr]

with leasing, those mileage limits are a motha...I drive too much for leasing..
Most my cac friends lease base model Audis and BMWs and be like when they over on mileage only 2 years into a 3 year lease.
The claim that they negotiate the turn-in balance to zero, but I'm like ....you know that over-mileage fee is tacked on to the new car...

 

[Mané Swagincha]

First of all complete that people could just walk into a dealer and pay for a car in full or even half in cash unless you're buying like a 2000 Geo Metro .

If you have money like that it's still not a good investment as you can get a used car loan for 1.5% if you have good credit. Why in the world would you tie up a large chunk of money like that?

Whats the big deal. I'm talking about gettin now for instance a 12 or 13 bmw 330, sell the old whip, plus rake in some cash, drop 15k down and finance the rest, you are looking at a car note of 200-300 dollars for 3-4 years..scooby snacks