The most prestigious law school admissions discussion board in the world.
|
 |
 
|
People actually pay 30% of a car's MSRP just to lease it for 3 yrs?
Poast new message in this thread
Date: January 18th, 2021 12:49 PM Author: aquamarine messiness wagecucks wtf (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776254) |
Date: January 18th, 2021 12:50 PM Author: Walnut curious area If you can write it off from your taxes, it's not bad (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776266) |
|
Date: January 18th, 2021 12:51 PM Author: Yapping Address if that car is losing 30% of its value during that time, what's the problem (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776270) |
 |
Date: January 18th, 2021 5:14 PM Author: Magenta university In fact, you can buy it instead of turning it in, for 70% of the MSRP! (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41778151) |
|
Date: January 19th, 2021 11:48 AM Author: vengeful jet gaming laptop Cars depreciate most in the first few years. Leasing and taking the massive depreciation hit yourself is the dumbest move imaginable. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782933) |
|
Date: January 19th, 2021 12:45 PM Author: Talking comical theater (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783369) |
|
Date: January 18th, 2021 12:51 PM Author: sooty cruise ship Average car at the 9-10 year mark is a piece of shit I would not own so why the fuck not? (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776271) |
|
Date: January 18th, 2021 12:52 PM Author: soul-stirring wine dopamine 5-6 years is the sweet spot. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776281) |
|
Date: January 18th, 2021 12:55 PM Author: sooty cruise ship Guy chasing kopecks. Its an efficient market. Cars that "age well" dont depreciate much and you arent saving much money over leasing or buying new. 4Runners, Rav4s, GX460s, Civics, CR-Vs, Camry's etc...good luck getting a deal on a used one that saves you much over just leasing. Shitty Nissans that implode on you are cheap used but there is a good reason for that. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776299) |
|
Date: January 18th, 2021 1:02 PM Author: soul-stirring wine dopamine I enjoy driving as many miles as I would like and not providing free tint and clear-bra services to the financing company. It is also nice to not have a payment for 2-3 years before I buy a new car. I also find that cars are most enjoyable once you've gotten to know them past 36k miles. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776358) |
|
Date: January 18th, 2021 1:25 PM Author: cracking home GX460's depreciate quite a bit off of MSRP. What's not noticed, however, is how much incentive Lexus lays on their cars to move prior model years out. If you ignore their "December to Remember" and buy in January you can walk out with a great deal.
|
|
Date: January 18th, 2021 1:51 PM Author: sooty cruise ship https://www.ebay.com/itm/2015-Lexus-GX-460-Luxury/154294227965?hash=item23eca713fd%3Ag%3AnFsAAOSws9VgAsJ4&LH_ItemCondition=3000%7C1000%7C2500
2015 is 33k. Its 50-52k new. That's ~ 40% depreciation in 5 years. Makes more sense to lease with numbers like that or if you are still saving by buying used (cheaper insurance) its not like you are saving THAT much. It's kopecks. |
|
Date: January 18th, 2021 3:50 PM Author: Dark coiffed liquid oxygen selfie Lol it NEVER makes sense to lease. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41777609) |
|
Date: January 18th, 2021 6:53 PM Author: cracking home GX460 LUXURY (which usually has all the fancy 4WD modes) MSRPs over $60k, that think is knocked down almost 50% in 5yrs. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41778776) |
|
Date: January 19th, 2021 11:08 AM Author: sooty cruise ship Oh, what a difference. With this math you save all of 10% by buying used over leasing. $6k spread over another +/- 7-8 years of the life of the car. Oh, what a savings and mind you that savings is hardly guaranteed as there's a non-zero risk of buying a fucked up lemon. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782720) |
|
Date: January 19th, 2021 1:01 PM Author: cracking home Because if you're smart, you find cars that are model year depreciated, not mileage depreciated. So, that 3yr old car w/ 10-15k miles on it.
There are very few cars I'd be new. Things like Tacomas, Jeep Rubicons, certain Subarus if you live in the NW or PacNW; basically shit that doesn't depreciate enough where buying used makes sense.
However, most cars can be purchased 2-3yrs "used" in a model year sense with next to no mileage on them. I'm more than happy to save 20-30% on something that has barely been driven. |
|
Date: January 18th, 2021 12:58 PM Author: Dun pistol point Not one of my cars is newer than 15 yrs old, how mad does this make you as someone who can't identify a brake fluid reservoir (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776332) |
|
Date: January 18th, 2021 1:00 PM Author: sooty cruise ship Not one of your cars is a car you would reliably want to take on a cross country trip. Congrats on owning a fleet of beaters good enough to deliver pizza in a 15 mile radius.
|
|
Date: January 18th, 2021 1:01 PM Author: Dun pistol point I have driven every single one home from Georgia or Florida, a trip of over 1500 miles. I make frequent trips to Chicago as well to see family and across the state to visit various training locations with the guard. Try again mort. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776355) |
|
Date: January 19th, 2021 12:54 PM Author: drab infuriating stead "across the state to visit various training locations with the guard"
48th? |
|
Date: January 19th, 2021 11:58 AM Author: nudist heaven caring about whether your car can drive 2000 miles in three days is a serious PROLE TELL (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782991) |
|
Date: January 18th, 2021 1:02 PM Author: Stirring fuchsia immigrant Wilbur ringing the bell again "what's this, MORE cookies?" "uh hey man can I get a Jumpstart" |
|
Date: January 18th, 2021 1:02 PM Author: Dun pistol point (gay retard) (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776369) |
|
Date: January 18th, 2021 1:15 PM Author: Stirring fuchsia immigrant fumed Wilbur when the guy said he doesn't own any jumper cables (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776471) |
|
Date: January 18th, 2021 1:16 PM Author: Yapping Address (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776486) |
|
Date: January 18th, 2021 5:13 PM Author: crimson theater stage useless brakes (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41778145) |
|
Date: January 19th, 2021 11:46 AM Author: odious church building degenerate (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782916) |
|
Date: January 19th, 2021 12:54 PM Author: drab infuriating stead (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783451) |
|
Date: January 18th, 2021 1:03 PM Author: provocative keepsake machete (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776372) |
|
Date: January 18th, 2021 1:03 PM Author: Yapping Address (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776378) |
|
Date: January 18th, 2021 1:15 PM Author: histrionic field lol. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776475) |
|
Date: January 18th, 2021 1:03 PM Author: provocative keepsake machete based (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776374) |
|
Date: January 18th, 2021 5:15 PM Author: Smoky angry nursing home 180 (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41778156) |
|
Date: January 19th, 2021 11:58 AM Author: nudist heaven i drive an 11yo car, it's 180 (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782989) |
|
Date: January 18th, 2021 3:49 PM Author: Dark coiffed liquid oxygen selfie (guy still living in 1980) (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41777601) |
|
Date: January 19th, 2021 1:30 PM Author: Exhilarant duck-like affirmative action My Silverado Highcountry is a 2016 and I still consider it a new car (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783728) |
|
Date: January 18th, 2021 12:51 PM Author: azure dilemma Wait till you hear what they do with housing (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776273) |
|
Date: January 18th, 2021 3:16 PM Author: Bipolar sneaky criminal locale underrated (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41777435) |
|
Date: January 18th, 2021 12:52 PM Author: histrionic field xo is so weird about cars. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776282) |
|
Date: January 18th, 2021 1:17 PM Author: Dead Shrine (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776492) |
|
Date: January 18th, 2021 1:04 PM Author: Razzle international law enforcement agency indian lodge 30% of MSRP would probably be a good deal for most cars. After three years most cars have lost more than half their value. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776382) |
|
Date: January 18th, 2021 1:30 PM Author: Mustard irradiated gas station IIRC most have a residual value around 60% of MSRP after a 3 year lease runs out. Very few would be under 50%. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776613) |
|
Date: January 18th, 2021 1:34 PM Author: floppy lemon forum (Not an Audi A6 driver) (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776645) |
|
Date: January 18th, 2021 2:29 PM Author: scarlet doctorate Ljl no not even close to that.
Xo and it’s “just buy a year old car for 40% off!!” idea is retarded.
|
|
Date: January 18th, 2021 1:17 PM Author: Pale friendly grandma tattoo So I'm always driving a new car for only a third of the price. You mad? (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776497) |
|
Date: January 18th, 2021 1:31 PM Author: Dun pistol point Wow yeah I'm furious about your access to LANE KEEP ASSIST (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776627) |
|
Date: January 18th, 2021 1:33 PM Author: provocative keepsake machete (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776636) |
|
Date: January 18th, 2021 1:41 PM Author: Pale friendly grandma tattoo (prole keeping his own car between the lines) (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776723) |
|
Date: January 18th, 2021 1:43 PM Author: Underhanded vigorous box office (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776743) |
|
Date: January 19th, 2021 12:12 AM Author: Topaz roommate den (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41781085) |
|
Date: January 19th, 2021 12:53 PM Author: pontificating lay incel (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783439) |
|
Date: January 19th, 2021 12:59 PM Author: drab infuriating stead (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783493) |
|
Date: January 19th, 2021 1:02 PM Author: vengeful jet gaming laptop (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783523) |
|
Date: January 19th, 2021 11:46 AM Author: odious church building degenerate (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782919) |
|
Date: January 19th, 2021 11:56 AM Author: electric rigor what about adaptive cruise control? (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782977) |
|
Date: January 19th, 2021 12:08 PM Author: vengeful jet gaming laptop There are 10+-year-old cars with adaptive cruise. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783050) |
|
Date: January 18th, 2021 1:34 PM Author: Lascivious lodge i had a conversation with some normie friends last night in which i was the only person who didn't agree with "there is no reason to ever purchase a car rather than lease"
this Great Reset shit with You Will Own Nothing And You Will Be Happy apparently does actually work on the feeble normie brain, holy shit |
|
Date: January 19th, 2021 10:50 AM Author: Arousing clear base i own my hoopty and lease my family car. i could easily let go of the hoopty, but it's reliable even if i never drive it. basically i take it around the neighborhood once a week to charge the battery and make sure shit is working. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782605) |
|
Date: January 18th, 2021 1:38 PM Author: Internet-worthy Parlor Persian That would be a fantastic deal (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776682) |
|
Date: January 18th, 2021 1:42 PM Author: chestnut tank So it's like buying a new car every 10 years but getting to drive a newish car that's covered under warranty the entire time? That sounds awesome. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776734) |
|
Date: January 18th, 2021 1:43 PM Author: nubile deranged office its nice always driving a newer car (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41776739) |
|
Date: January 18th, 2021 1:44 PM Author: slippery razzmatazz trump supporter Every Car thread gets 500 replies jfc who cares
In some states you don't pay sales tax on a lease iirc (or you only pay on the value of the Car that you lease, not the residual), which seems shrewd. Why pay sales tax on like $50k that you're not getting back if you plan to trade the vehicle in. Also, the prospect of owning, say, a German car without having to deal with the finicky crap that happens with age. Also, when you lease, the deal is done right then and there. If you plan to buy and then trade-in in a few years, it's just an opportunity for a dealer to hustle you down the line, e.g. giving you 110% of fair market value and then just inflating the price of the car you're buying, or just lowballing you. ALSO, with WFH, but still needing a car now and then, if you drive ridiculously few miles, you can get a good deal on a lease afaik. |
|
Date: January 19th, 2021 2:44 PM Author: turquoise federal national half-breed Lmao at you writing five paragraphs claiming this is a “waste of time” to post about. God you’re the worst fucking poster on xo (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41784252) |
|
Date: January 19th, 2021 2:48 PM Author: slap-happy shitlib (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41784272) |
|
Date: January 18th, 2021 3:16 PM Author: Bipolar sneaky criminal locale (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41777432) |
|
Date: January 18th, 2021 5:18 PM Author: hyperactive galvanic elastic band I did not expect the bort to be so pro-lease. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41778179) |
|
Date: January 18th, 2021 11:59 PM Author: Internet-worthy Parlor Persian Only buy appreciating assets (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41780988) |
|
Date: January 19th, 2021 11:49 AM Author: vengeful jet gaming laptop Yes, the strategy of "take a depreciating asset where the depreciation is front-loaded and then lease it so YOU take the major depreciation hit" is fantastic. Shocking you guys are lawyers and not bankers. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782942) |
|
Date: January 19th, 2021 11:55 AM Author: nudist heaven titcr
it's like, yeah dudes, the company leasing you the car is taking the depreciation hit instead of you, you're pulling a fast one on those dumbasses at mercedes, what TTTs how do these billion dollar companies lease tens of thousands of cars a year and NOT realize what some lawyer with a remedial-level math education gets in five seconds on xo!? |
|
Date: January 19th, 2021 12:00 PM Author: soul-stirring wine dopamine (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782995) |
|
Date: January 19th, 2021 12:04 PM Author: sooty cruise ship That's the problem -- it's not front loaded anymore with Toyotas and shit. It's only front loaded on luxury cars and certain shit makes. A year old or 2 year old Camry has depreciated by like 1/5th which if you assume a 10-12 year life for the thing is pretty fucking linear. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783025) |
|
Date: January 19th, 2021 12:06 PM Author: vengeful jet gaming laptop a) You're leasing a BMW X5, not a Toyota.
b) Toyotas are still much better to buy because you really can run them for 20+ years with zero problems. If you price out 6 3 year leases vs. just buying the car and holding for 18 years then you will massively lose. |
|
Date: January 19th, 2021 12:05 PM Author: razzle-dazzle brethren karate (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783030) |
|
Date: January 19th, 2021 11:47 AM Author: odious church building degenerate yeah weird that a group of overpaid prissy MFH whitecollar geeks loves to lease cars (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782924) |
|
Date: January 18th, 2021 11:48 PM Author: Magical range I don't like car leases bc 1) it's only new cars and you're blowing money if you buy or lease a new car; and 2) you lose optionality. At least with buying you can sell if things change (and buying out a lease sounds complicated and expensive) (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41780908) |
|
Date: January 19th, 2021 12:06 AM Author: Vibrant Coffee Pot Most car companies will lease used cars with <10k miles. You have to watch inventory but there are some great deals on loaners and early lease returns occasionally. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41781039) |
|
Date: January 19th, 2021 10:47 AM Author: Magical range Ty, interesting. Shrewd friends of mine lease (one guy with an infiniti, costs nothing bc it doesn't depreciate; another guy w a BMW 4 series bc he "can't be bothered" to deal w ownership). So I'm not trying to disparage the choice at all. For me, the cr response is still going to be a ~5-10 year old car purchase for reasons of flexibility and cost. But I understand other people want a newer car, and in that case, I do agree that it's a horse apiece w buying vs leasing, especially when you factor in time value of money and investing with the cash flow you're freeing up by leasing instead of buying. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782584) |
|
Date: January 19th, 2021 10:53 AM Author: Vibrant Coffee Pot Lease vs buy is just another financial decision. I tend to buy highly reliable cars that have taken most of their depreciation hit and lease cars where I’ve gotten stupid deals. I’ve come out with crazy negative equity on all but one lease (which was a “hot” luxury car that I leased cheaply used and it just retained most of its value), which I think is generally what you want.
It’s undoubtedly retarded to lease an X5 for $1100/month, which I think is what most leases are these days... |
|
Date: January 19th, 2021 11:10 AM Author: Magical range cr, agreed (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782733) |
|
Date: January 19th, 2021 11:11 AM Author: sooty cruise ship Buying the X5 is more insane. That's a purely luxury consumption play regardless of lease v. own. The real problem is with the the internet the market for used cars has just become crazy efficient and with that efficiency the delta between leasing and buying used has shrunk to where it hardly matters. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782735) |
|
Date: January 19th, 2021 11:28 AM Author: Vibrant Coffee Pot Totally agree. As an illustration, even the lease where I had positive equity returned cash at the end because the dealer knew he could flip it for a profit and bought me out of the contract so an already sick deal ended with a modest windfall.
I think the clear winning strategy is to buy a used Toyota and drive it for 10 years but if you want new cars these days you might be better off leasing. |
|
Date: January 19th, 2021 11:37 AM Author: chestnut tank delta = change not difference you dumbfuck.
lol how you literally work at a bank and your faggot coworkers definitely notice when you fuck that up and think you are a retard. |
|
Date: January 19th, 2021 11:44 AM Author: sooty cruise ship I used it correctly. Delta is variance or, as you said, change in a variable and the variable is car X and the variance is between its lease v. buy state -- that's a delta. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782902) |
|
Date: January 19th, 2021 11:55 AM Author: chestnut tank change and variance are two different things. the variance between magnum condoms at CVS vs Walmart is not a delta. The variance between magnum condoms at CVS/Waltmart shrinking because more nigs are shopping at Walmart is a delta. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782974) |
|
Date: January 19th, 2021 12:14 PM Author: vengeful jet gaming laptop https://www.reference.com/world-view/delta-math-c9c1d50d1637a7e3
"Delta refers to change in mathematical calculations. In some cases, this means a difference between two values, such as two points on a line. In other cases, it refers to the rate of change, such as in a derivative." |
|
Date: January 19th, 2021 11:53 AM Author: vengeful jet gaming laptop I promise that if you price out buying it at a decent discount off of MSRP (totally doable) and holding for 9 years vs. leasing 3 cars for 3 years each that you'll save considerably with the first strategy. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782960) |
|
Date: January 19th, 2021 11:54 AM Author: sooty cruise ship Define considerably. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782965) |
|
Date: January 19th, 2021 12:04 PM Author: vengeful jet gaming laptop To make it easy, let's agree that a lease involves paying 30% of a car's MSRP for 3 years. We'll use $100k for the car price to make easy numbers. Cost of lease is $90k in that scenario.
Assume that at the end of year 9 the car is worth about 30%. Car cost is $100k - 30k = $70k. In other words, you saved 20% of the value of the car or $20k. That's real money.
I'm ignoring both repairs and mileage overages, as well as the fact that dealers try to fuck you on return condition. I'm also ignoring that it is easier to get a good discount off of MSRP buying rather than leasing. |
|
Date: January 19th, 2021 12:08 PM Author: sooty cruise ship And Im saying that saving is more like 10% with repairs and the fact that if you buy a good Japanese car the depreciation is NOT particularly front loaded anymore and 10% over 6-7 year of ownership is basically nothing so you are chasing kopecks and not dollars. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783048) |
|
Date: January 19th, 2021 12:12 PM Author: vengeful jet gaming laptop LMAO, you seriously got hired at a bank to provide advice?
I explicitly addressed the repair side. Over 9 years you probably won't have significant repairs, but whatever repairs you have will be cancelled out by comparing other shit on the lease side. In fact, the shit I listed for the lease will probably cost more.
If you want to talk about a Toyota then you need to compare 6 3 year leases vs buying once and holding over 18 years. Take a wild guess at what that will look like.
Like someone said below, you didn't outsmart the silly goys at Toyota or BMW. They're multi-billion dollar companies and you're a dumbfuck compliance officer at a bank. |
|
Date: January 19th, 2021 12:21 PM Author: sooty cruise ship Never claimed you outsmarted anyone. It's quit the opposite -- the market for used cars just got too efficient to the point where you cant outsmart anyone.
The Toyota that runs for 18-20 years is mostly flame and assumes perfect storage, perfect weather, proper preventative maintenance. They mostly dont exist, bro. Cars in the North East and Mid West still rust. If you are buying a Corolla thinking you will drive it for 20 years you are insane. |
|
Date: January 19th, 2021 12:25 PM Author: vengeful jet gaming laptop Nowhere did I talk about the used car market, other than in residual value which your point actually supports. I'm talking new car buy vs new car lease. Jfc, I feel like I have to spell this out super slowly for you so you don't get confused by basic facts.
"The Toyota that runs for 18-20 years is mostly flame and assumes perfect storage, perfect weather, proper preventative maintenance"
That's totally false.
"If you are buying a Corolla thinking you will drive it for 20 years you are insane"
It actually isn't.
|
|
Date: January 19th, 2021 1:58 PM Author: contagious confused stage How can you compare an 18 year old car to a new one every three years? The proper comparison would be selling every three years and buying new, or at least some adjustment for those who don't want to drive an 18 year old Toyota. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783942) |
|
Date: January 19th, 2021 2:45 PM Author: vengeful jet gaming laptop I can compare it because that's the alternative choice. If I lease then I'm going to return it and get a new lease every 3 years because that's what a lease is. If I buy then I'm not going to sell it in 3 years, because that would be a dumbass thing to do. The latter is significantly cheaper. If you're driving a Corolla anyway then it really doesn't matter if it is "new" or 10 years old. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41784257) |
|
Date: January 19th, 2021 11:13 AM Author: Ultramarine Stimulating Haunted Graveyard People actually live in fake cities where they have to buy cars? Try living in a real city where you don’t need a car. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782743) |
|
Date: January 19th, 2021 11:14 AM Author: sooty cruise ship NYC was the only city in America where you didnt need a car and with Covid and the shitty basically non-existent subway service on the weekends even in NYC you now need a car. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782747) |
|
Date: January 19th, 2021 11:50 AM Author: vengeful jet gaming laptop I read this with the gayest lisp imaginable. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782945) |
|
Date: January 19th, 2021 11:51 AM Author: aquamarine messiness wagecucks (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782951) |
|
Date: January 19th, 2021 12:00 PM Author: chestnut tank (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782997) |
|
Date: January 19th, 2021 12:12 PM Author: Cream Wonderful Ape (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783092) |
|
Date: January 19th, 2021 1:27 PM Author: provocative keepsake machete (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783708) |
|
Date: January 19th, 2021 1:33 PM Author: Exhilarant duck-like affirmative action (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783740) |
|
Date: January 19th, 2021 3:43 PM Author: Pale friendly grandma tattoo (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41784663) |
|
Date: January 19th, 2021 3:44 PM Author: Pale friendly grandma tattoo "It's a REAL CITY where I don't even need a car!!"
*pays the cost of a car in City Income Tax every year* |
|
Date: January 19th, 2021 11:15 AM Author: Charismatic Sickened Plaza If I lease it, I can't customize it myself afterwards, right? No spoilers or decals? (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782750) |
|
Date: January 19th, 2021 1:54 PM Author: Magical range cr, i would expect most posters would slap a new exhaust on there (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783905) |
|
Date: January 19th, 2021 11:34 AM Author: Mind-boggling Partner Sex Offender Like Wilbur, all 3 of my vehicles are 12+ years old. The past two weeks I've had my first major repair bill of my life. Haven't made a "car payment" in 14+ years. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782831) |
|
Date: January 19th, 2021 11:48 AM Author: odious church building degenerate every car I've ever owned has been directly inherited from a deceased relative. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41782928) |
|
Date: January 19th, 2021 1:16 PM Author: Smoky angry nursing home (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783633) |
|
Date: January 19th, 2021 11:54 AM Author: nudist heaven leasing makes sense under one of two conditions
1. you hardly every drive (and even then uber might be better) 2. you are retarded |
|
Date: January 19th, 2021 12:06 PM Author: Dead Shrine what if both conditions are true (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783035) |
|
Date: January 19th, 2021 12:14 PM Author: Vibrant Coffee Pot 3. You want a new car every three years or do not know if you’ll need a car after three years. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783100) |
|
Date: January 19th, 2021 12:16 PM Author: vengeful jet gaming laptop Wanting a new car every 3 years and being willing to pay for it is covered by 2. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783112) |
|
Date: January 19th, 2021 12:24 PM Author: Vibrant Coffee Pot Okay Barzini (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783176) |
|
Date: January 19th, 2021 12:28 PM Author: vengeful jet gaming laptop I'm not saying you have to buy a shitty car. But people that pretend that the BMW 3 series the striver lawyer is buying today is MUCH better than a 3 series from 5 years ago is kidding himself. I know plenty of boomers that buy a new car every 2-3 years. They don't know what half the buttons in their cars do. They're always talking about "their new car." It is pure conspicuous consumption. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783203) |
|
Date: January 19th, 2021 12:36 PM Author: Vibrant Coffee Pot I agree with that. For the past decade+ I’ve owned a single very practical car that I bought used and leased a second car. The second car has changed based on my needs and I often hope I won’t need a second car at all. It’s made a ton of sense for me to lease. I also don’t drive the second car much so might be covered by 1. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783275) |
|
Date: January 19th, 2021 12:24 PM Author: Walnut curious area Explain 1 (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783174) |
|
Date: January 19th, 2021 12:29 PM Author: vengeful jet gaming laptop Low mileage leases are cheaper. You can price a low mileage lease to be less than buying. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783208) |
|
Date: January 19th, 2021 12:45 PM Author: Pale friendly grandma tattoo If you actually drive that little, screw it, just buy a Honda Civic and hold it for 15 years. Cheaper than a lease and you don't drive enough to justify luxury. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783362) |
|
Date: January 19th, 2021 12:48 PM Author: vengeful jet gaming laptop Or you can buy a cool old Porsche 911 or Toyota Landcruiser or something. It'll last forever in that scenario. Like literally decades. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41783396) |
|
Date: January 19th, 2021 2:50 PM Author: spectacular gaping Saving 40% by expensing lease payments is always CR.
Also it is nice to always have a relatively new car - selling cars is a pain in the ass. |
|
Date: January 19th, 2021 2:51 PM Author: vengeful jet gaming laptop If you have a business and can expense it then obviously that's a different game. (http://www.autoadmit.com/thread.php?thread_id=4742461&forum_id=2#41784297) |