Leasing Vs. Buying

[yehuda S]

spreading the word about your own foolish decisions and how you arrived at them can be very helpful to others. They wont have to learn from their mistakes they can learn from yours

Thank you!

My take is that most people don't think they will really ever be able to be financially independent and secure so they say "I might as well enjoy life now" I'd like to tell them that there is a clear path to a debt free and stable life, If you make the right decisions now. If people believed that, then they would gladly make sacrifices now.

[sky121]

Thank you!

My take is that most people don't think they will really ever be able to be financially independent and secure so they say "I might as well enjoy life now" I'd like to tell them that there is a clear path to a debt free and stable life, If you make the right decisions now.

That's what most people are saying? I don't think so.

I can see how people start to get into debt and perhaps might live that way. I wouldn't say most people.

[robi]

Or we can all make smart decisions together!

I have friends and relatives who struggle daily and it's not bc they are stupid. It's because we grew up in a society that makes poor financial decisions as a whole. How can you argue that it doesn't affect us all?!

If you want me to just make my own good decisions and be happy you must also think I should just ignore others misery and struggles right?

if you let society dictate to you, then that right there Is the root of your troubles.  because sine people make foolish decisions, you can't let that affect you, be it credit cards leasing having children etc...

[moko]

That's what most people are saying? I don't think so.

I can see how people start to get into debt and perhaps might live that way. I wouldn't say most people.

most households in the country seem to be heavily in debt

[sky121]

most households in the country seem to be heavily in debt

I agree, a lot are. I don't think that means they are saying forget it, let's live the good life and driving fancy cars.


I guess it also depends where you live.

[judahk88]

I agree, a lot are. I don't think that means they are saying forget it, let's live the good life and driving fancy cars.


I guess it also depends where you live.

If you live in LA aparently
http://forums.dansdeals.com/index.php?topic=21675.400

[sky121]

If you live in LA apparently
http://forums.dansdeals.com/index.php?topic=21675.400

And I'd imagine if you live in NY as well.

[judahk88]

And I'd imagine if you live in NY as well.

Yup.

[yehuda S]

 How is different from talking to someone who complains about the price of an airline ticket and you say "It doesn't have to be this way! There's a whole community of people who have figured out how to go places for free!" And that is how you help people.

[Dan]

How is different from talking to someone who complains about the price of an airline ticket and you say "It doesn't have to be this way! There's a whole community of people who have figured out how to go places for free!" And that is how you help people.

Because there are some valid arguments for leasing, there are no valid arguments to paying $$$$$ for vacations.

[yehuda S]

It's not that different.

[judahk88]

Because there are some valid arguments for leasing, there are no valid arguments to paying $$$$$ for vacations.

+1

[Ergel]

Or we can all make smart decisions together!

I have friends and relatives who struggle daily and it's not bc they are stupid. It's because we grew up in a society that makes poor financial decisions as a whole. How can you argue that it doesn't affect us all?!

And this is where we differ. I am a big believe in being an individual and making your own decisions. There is no such thing as making a financial decision as a whole? Are your friends stupid? I don't know them but I would guess not. Irresponsible? Seemingly. Followers of a pack and unable to make their own decisions? Maybe.

If you want me to just make my own good decisions and be happy you must also think I should just ignore others misery and struggles right?

Not at all what I said

you are very bothered by other people's (financial) decisions. IME you will lead a happily life if you don't concentrate on that and concentrate on your own decisions (obviously you should help people out when you can, but if they don't listen, don't take it personally)

spreading the word about your own foolish decisions and how you arrived at them can be very helpful to others. They wont have to learn from their mistakes they can learn from yours

I agree wholeheartedly. Just that doesn't mean yelling at people, or

I hate the fact that bc every one around us thinks a certain way ('Oh, leasing is a great idea') , people make bad financial decisions when they could have done better otherwise.

and hear you just sound like an angry, bitter person

Even if you can afford it, it's stupid! Why do we let society drum these stupid ideas into our heads! It's just a car! It doesn't make you smarter, richer, or better looking! You (no one specific) still have bad breath and now you are poorer! Save the money and invest it!

if you let society dictate to you, then that right there Is the root of your troubles.  because sine people make foolish decisions, you can't let that affect you, be it credit cards leasing having children etc...

+10000000000

How is different from talking to someone who complains about the price of an airline ticket and you say "It doesn't have to be this way! There's a whole community of people who have figured out how to go places for free!" And that is how you help people.

Because he doesn't get angry at those who don't listen. And it doesn't influence his decision of whether or not to pay for his next vacation


I am a big believer in making your own decisions. Don't fret over the things you can't control and take ownership over that which you do.
That will make you a happier person. Not being a millionaire

[yehuda S]

I'm not an angry person. Just passionate.   

Although it should make you angry to see good unsuspecting people being fleeced out of a happy stable life because the only people who know how to avoid getting fleeced are minding their own business.

[Ergel]

I'm not an angry person. Just passionate.   

great, I guess it gets lost in translation over the internet

Although it should make you angry to see good unsuspecting people being fleeced out of a happy stable life because the only people who know how to avoid getting fleeced are minding their own business.

Again, never said to mind your own business.

[Marco Polo]

There is a whole list of reasons.

Number one on the list is: a car loses massive amounts of money within the first couple of years. Who do think is paying for that depreciation? Hint: it isn't the leasing company, it's you.

It's a well known fact that as soon as you drive a new car off the lot it loses thousands of dollars in value. Would you pay three thousand dollars to drive a car out of a parking lot? Of course not, so don't lease it.

When you lease a car you aren't renting the car, you are essentially buying a new car and selling it back to the company at the price they are willing to pay.

If you buy a used car you do not take the initial depreciation hit, potentially making buying > leasing.

[ash G]

The way I see it, is that 70% of any make or model cars after 3 years will have some problems so if you can afford a lease its definitely the better option. You get to ride in style rather then sit by the mechanic

[Ergel]

The way I see it, is that 70% of any make or model cars after 3 years will have some problems so if you can afford a lease its definitely the better option. You get to ride in style rather then sit by the mechanic

74.18% of statistics are made up

[ash G]

Lol good one

[moko]

The way I see it, is that 70% of any make or model cars after 3 years will have some problems so if you can afford a lease its definitely the better option. You get to ride in style rather then sit by the mechanic

youve been driving american cars for too long
i bought an eight year old avalon with 29 service records (i'm assuming that with those kind of records i'd see if there wasany serious mechanical issues)  and the only issue is the front struts (they still have some time) which is to be expected on a car that old and a timing belt, which is routine maintenance at 80-100k