nikkas really out here leasing cars? :dahell:

[Michael's Black Son]

What's dat

a book that shows you how to fix cars on your own or with help

 

[Ghpstface]

But if it's a car you deeply love, why would you wanna give it back???

this is what i was thinking ... it would have to be a car i was in love with or a future classic for me to buy it outright

 

[Field Marshall Bradley]

People are actually in here trying to justifying paying on a car and then giving it back at some point. And then try to compare it to renting something. It is not the same fellas and you know it. Owning a car leasing company sounds like the ultimate hustle in my eyes.

First and foremost, you don't own a car until its paid off.....So if you plan on driving one car for 10 years or more, then yes, by all means, buy a car outright or finance it.....

 

[Greenhornet]

no matter what your getting fukked .... id rather trade the car in for a new one every 3 years
take the extra money to buy a 67' or a 82' and keep it as my show car

 

[Couth]

If you own a small business you can lease the car and write it off as a business expense. Pretty smart if you wanna whip a luxury vehicle for free. And you can use a beater for day to day work so you don't go over mileage.

And some people really just don't give a fukk about cars like that and would rather not go through the hassle of owning one. You lease a car you know you'll never have to worry about major repairs or anything like that and you'll always have something fresh to whip around in. If you got it like that why not lease?

And when it comes to most of the whips nikkas buy to stunt it seems like leasing is the smarter way to go anyway. Cuz once the car gets a few years old you're really not stuntin on nobody. So you paid a good 75k for a couple years of admiration.

 

[Art Barr]

Leasing is like trying it out seeing if you like the feeling of the car... i never understood the point in leasing it either...

audi:

bmw:

jesus christ..... wtf!!!!

leasing is for you to allude to looking like you are in the tax id bracket.
so, if you they try asset forfeiture.
they won't be able to take your ride and stick you with the remaining balance on a financed car, they confiscated.

learn some game, breh.
if you in dese sckreets.
plus want a cold ass ride, leasing is how you flip into some new shyt and keep them from taking yo shyt, too.

this asian triad motherfukker they found with mad bricks in his shyt.
told me the game, when he was getting his shyt back and they were seize'n my shyt at the civil and forfeiture office on grand or chicago or some shyt.
they took my riv,..
then, returned his m3, and i was looking like:

i ain't even have no real shyt in my shyt, then.
took all my kenwood double din, luxury-ness from a young nikka.



art barr

 

[NSSVO]

I thinking about getting a 350z when I get to the states, like a 03-05 joint. There is no need to stunt outside your pay grade.

 

[The Refiner]

LEASING is for people who have NO PROBLEM paying 13k+ in lease payments, dealer fees, full coverage insurance AND THEN have to give up the vehicle.

People will say but but but you can upgrade after you give it back.

Yes, you can upgrade but you're restarting to same cycle of paying THOUSANDS of dollars for something you have to give back again smh.BUT you have the option to buy the vehicle, right?

Lmao, yea I just paid 13k for this vehicle only to find out that those payments only made a smaller dent in the cost of the vehicle.

Only vehicle I would lease is a Toyota Camry or Honda Accord, and I'm not putting any DOWNPAYMENT. Lease payments are $200, not $400+/month. Picture me paying $400+/month + acquisition fees, full coverage insurance--and then having to hand the vehicle back thinking I made off or something SMH.

Did you know you have to pay the dealer to take the car back from you? WTF is the point of a downpayment on a lease?


The purpose of leasing is so that the dealership makes money while the car is in its most expensive state. Point blank period. Leasing only benefits the dealership financially, not the customer.

Think about it, why wouldn't a dealership take in monthly payments from customers for a brand new expensive car that costs the most to maintain, attach a bunch of fees and restrictions to it, then acquire the vehicle back in its greatest condition(no longer is high maintenance as it was at the beginning of the lease) (they already know the mileage on it, because there are mileage restrictions on leasing), and then sell said car back again, which is still fairly new! They making money on top of money with the same product.

Leasing is DUMB for the working person. Instead, buy a car 4-5 years old.

 

[Mané Swagincha]

Best advice imo for car buying and still stunting at the same time is to get a car 2-3 years used, 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". After 4 years of driving it and paying it off, sell it and with that cash (depending on how much it depreciates) you drop another down payment on a 2-3 year vehicle..repeat cycle

 

[WeDemBoyz]

You're paying for the depreciation.

 

[feelosofer]

I been leasing my cars for the past 7 or 8 years, but I can write a lot of it off as a business expense, but even if you just doing ok in life leasing makes sense for certain people. I just go by this simple rule of thumb. Leasing make sense if you drive less than 15k miles a year. If you drive more than that financing is the way to go, just make sure you purchase a protection plan.

 

[CashmereThoughts]

This thread made me do a google search:

http://www.thecoli.com/threads/car-lease-question.245678/#post-9880671

And I found out at the end of a lease you have return the car?

If you still want it you have the option to buy...so wtf was the
monthly payments for?

Am I missing something because I basically see you paying for something that ain't even really yours

Leases are a financial tool that are wise to use at certain times . Cars value depreciates RAPIDLY. So depending on what your getting and how your going to use it Leasing can be the logical option. Especially considering the payments tend to be lower

 

[iamduval]

Going over on miles really isn't a big deal either

 

[WeDemBoyz]

LEASING is for people who have NO PROBLEM paying 13k+ in lease payments, dealer fees, full coverage insurance AND THEN have to give up the vehicle.

People will say but but but you can upgrade after you give it back.

Yes, you can upgrade but you're restarting to same cycle of paying THOUSANDS of dollars for something you have to give back again smh.BUT you have the option to buy the vehicle, right?

Lmao, yea I just paid 13k for this vehicle only to find out that those payments only made a smaller dent in the cost of the vehicle.

Only vehicle I would lease is a Toyota Camry or Honda Accord, and I'm not putting any DOWNPAYMENT. Lease payments are $200, not $400+/month. Picture me paying $400+/month + acquisition fees, full coverage insurance--and then having to hand the vehicle back thinking I made off or something SMH.

Did you know you have to pay the dealer to take the car back from you? WTF is the point of a downpayment on a lease?


The purpose of leasing is so that the dealership makes money while the car is in its most expensive state. Point blank period. Leasing only benefits the dealership financially, not the customer.

Think about it, why wouldn't a dealership take in monthly payments from customers for a brand new expensive car that costs the most to maintain, attach a bunch of fees and restrictions to it, then acquire the vehicle back in its greatest condition(no longer is high maintenance as it was at the beginning of the lease) (they already know the mileage on it, because there are mileage restrictions on leasing), and then sell said car back again, which is still fairly new! They making money on top of money with the same product.

Leasing is DUMB for the working person. Instead, buy a car 4-5 years old.

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.

 

[The Refiner]

Leases are a financial tool that are wise to use at certain times . Cars value depreciates RAPIDLY. So depending on what your getting and how your going to use it Leasing can be the logical option. Especially considering the payments tend to be lower

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.