Why do people FINANCE / LEASE cars?

[Originalman]

I customize my shyt so it couldn't be me. How you get a car and can't do shyt to it but drive it a certain amount of miles You might as well be a house wife

Factory stereo, speakers and wheels got to go as soon as I get a whip. I don't even care how the factory shyt look or sound, I'm rocking with my own.

Als there is a penalty when you return it at the end of the lease. If the car has cosmetic damage on the outside or inside you have to pay a penalty. Same if you have driven over 12k miles a year.

 

[Luck]

Als there is a penalty when you return it at the end of the lease. If the car has cosmetic damage on the outside or inside you have to pay a penalty. Same if you have driven over 12k miles a year.

Might as well call the leasor daddy

 

[SeveroDrgnfli]

Every rich person I know told me leasing is the way to go. I thought owning nice thing meant something. It doesn't. Lol owning money means the most. Don't be an idiot like I was. Lease your cars guys. Try not to own a car or a home for as long as possible. That's the advice I was given from the top.

 

[International Playa]

Leasing makes sense, you dont have to deal with cars mechanical problems & expenses.If that car got got problems, ship that shyt back and get a different car. Leasing is good for those that love driving a variety of cars, you can drive a car till you bored then move on to the next.

 

[Astroslik]

Every rich person I know told me leasing is the way to go. I thought owning nice thing meant something. It doesn't. Lol owning money means the most. Don't be an idiot like I was. Lease your cars guys. Try not to own a car or a home for as long as possible. That's the advice I was given from the top.

 

[brother walt]

BECAUSE I WORK FOR IT

ran off jordan

• brother walt
• Feb 9, 2016
• ranoff

 

[International Playa]

Every rich person I know told me leasing is the way to go. I thought owning nice thing meant something. It doesn't. Lol owning money means the most. Don't be an idiot like I was. Lease your cars guys. Try not to own a car or a home for as long as possible. That's the advice I was given from the top.

There is some truth in it, all the top bosses at my job lease their cars. They be switching cars every couple months, from the Range, BMW,Lexus, Mercedes making the car park look like a showroom.Their conversations about cars are crazy man.

 

[International Playa]

An average cat is better off buying a used car for $5000 & hope its got no mechanical problems

 

[Kuwka_Atcha_Ratcha]

Every rich person I know told me leasing is the way to go. I thought owning nice thing meant something. It doesn't. Lol owning money means the most. Don't be an idiot like I was. Lease your cars guys. Try not to own a car or a home for as long as possible. That's the advice I was given from the top.

nah breh, im not gonna have a car where i got mileage limitations to it, and restrictions. fkkk that

 

[BobbyBooshay]

nah breh, im not gonna have a car where i got mileage limitations to it, and restrictions. fkkk that

Choose the mileages you will be driving then, why you gonna opt for 10k miles when you know you drive 20k

 

[Kuwka_Atcha_Ratcha]

Choose the mileages you will be driving then, why you gonna opt for 10k miles when you know you drive 20k

lol is your life that regimented? mine isn't. i may not know what im doing that year, i could get a call and my people say hey lets drive from london to italy. you just don't know whats gonna happen.

 

[Jesus]

IDK.....I'm financing on a used car right now. Thinking of selling and doing a lease.

 

[SeveroDrgnfli]

nah breh, im not gonna have a car where i got mileage limitations to it, and restrictions. fkkk that

I used to think the same thing fam. Until the parts for my car got harder to find. And finding a mechanic who could work on my car became hard and expensive. I love my car. It's my dream car. But I bought it too early in the game.

With uber, my bicycle, my skateboards, public transit, running, and walking I could have saved tens of thousands of dollars. I try to pretend I don't have a car. The next bill I'm going to eliminate is my 200 dollar phone bill. I stopped eating organic. I only buy things on sale now too. My coupon game is steadily building. I can't believe how much money I've wasted. It's embarrassing. I worked hella hard and the white man didn't have to work to get my money. I was young though. I will not be exploited again.

My advice fam is to not let the quality of products you own, or being the owner of the product gas you up. Rich people save money that's how they maintain wealth.

Tangent: black people are great at generating money. It's impressive. But we're bad at saving money, circulating it in our community, and we don't value economics enough to create generational wealth. Which is what we need to make progress.

 

[Trajan]

There is some truth in it, all the top bosses at my job lease their cars. They be switching cars every couple months, from the Range, BMW,Lexus, Mercedes making the car park look like a showroom.Their conversations about cars are crazy man.

It might be a company car in which case the company pays for it (to keep tax liabilities down...they include it as an expense). So they may not be leasing out of their own pocket.

Be a worker but go broke trying to keep up with the bosses brehs

 

[TLR Is Mental Poison]

why not just buy what you can afford? and pay in cash? never understood this

I could buy my car today, but why.... some of my investments have turned double digit returns for years so having money in those and paying ~2.5% to finance is nothing. We are talking about like $300 in interest on a $7K loan lol.

I keep it humble though, I just drive a little Civic.