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Old 11-23-2012, 01:17 PM   #71
Neuf Cruz

 
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Originally Posted by TJ91 View Post
dude what do you ride now? I just picked up an L2 Gixxer 1000
Had a 2000- 300HP turbo bus. Sold it and bought a M109. Did just about everything to it and was stolen last Memorial day. Good insurance = New Camaro!
Itching for a new ride or now the IPF super charger is getting to be a little too tempting!
Oh, what to do?
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Old 11-23-2012, 02:13 PM   #72
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Old 11-23-2012, 02:26 PM   #73
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Originally Posted by tonyko1 View Post
Glad you called yourself a sucker first so the rest of us can just quietly agree without stating the obvious.

EVERY lease is a sucker's bet, why do you think they are called Fleeces, i.e., you done be fleeced, and by a Hyundai, ha. But no judging here.

One thing I do feel great about: Hyundai and Kia are the same companies, akin to Chevy and Buick, but market differently, ditto for GM. All I have to say, if Hyundai and Kia are the tops of Korean mfg. prowess and capability, and that is South Korea, then I will never worry about a North Korean missle hitting the USA anytime soon.
Suckers bet? You may pay a little more but your costs are fixed and you get a new sled every 3 yrs (or less...I always manage to get out early). Works for a lot of people, particularly those that like different cars.
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Old 11-23-2012, 05:26 PM   #74
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If assholes could fly this place would be an airport

I see the benefits to leasing although I never have, I can see why some people do. Enough people on here probably owe more on their cars than they're worth. Who gives a shit about building equity when your cars finally paid off and it's only worth $8000 and the novelty is gone and it's starting to break down.

And fwiw, I'd take a genesis V6 over a v6 camaro. But if it's an SS model you could have, I'd go SS
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Old 11-23-2012, 06:25 PM   #75
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Why do you think they give you free oil changes on a lease? Because they like you? no the Answer is because if they didn't most people wouldn't change the oil for 3 years. They do have to sell it when you return it so They want it kept in good condition.
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Old 11-23-2012, 06:41 PM   #76
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What's the difference why? As long as hey do it.
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Old 11-23-2012, 09:21 PM   #77
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Where did I say it was better? The statement was which is and isn't American.
So you just disapprove but you're not implying it's worse? My apologies.
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Old 11-23-2012, 09:32 PM   #78
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I'm not gonna lie... I like it.
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Old 11-23-2012, 09:47 PM   #79
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Ok gotta reply to this one. Unless you are blessed to be able to pay cash for a car as soon as you leave the dealer your car starts depreciating. I always do sign and drive so no money comes out of pocket. I will pay $200 to $300 dollars less than someone buying and can afford a maxed out car not a stripper or mid-range model. I lease end I have option to buy at a discounted rate. Example, my last car a Hyundai genesis sedan snickered for $43,000 dollars,in 3yrs at lease end I can buy for $26,000.when it goes on the lot you will pay between $30,000 and $35,000 for it. For a few extra bucks a month I can get mileage bumped to 15 a year which is plenty for the average driver. Depending on car company you can get your maintenance paid for. BMW does it and when I had my c230 kompressor MB I paid no maintenance . Even if the brand is not premium they will throw in oil changes. Again,while the average car buyer is putting down a hefty down payment and paying for 5yrs, after 3 i'am in the next best thing. Not to mention after 5yrs and your car is paid off and the warranty has expired,you start getting nickeled and dimed to death! When you lease your car is always under warranty! I have beem leasing for 17yrs and have had some very nice fully loaded cars that I wouldn't have been able to buy. Do I own my car no,but neither do buyer. The banks own your car untill it's paid for. My lease is mine till lease end and then I have option to buy at a discounted rate! Does it work for everyone (no) ,but I works for me!
Yup, you can buy it for 26k, but don't forget, you also just paid 3 years worth of monthly payments. So don't forget to add that cost to that 26k. So at $200 a month for 36 months = $7,200. Add that to your 26k, = over 33k you are paying for the car. Plus the fact, unless you pay cash, you are going to be paying on that loan for another 4 to 5 years. That's 7 to 8 years you are making payments on the same car. Sorry, I just couldn't do that.
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Old 11-23-2012, 10:51 PM   #80
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I got passed by a really sweet looking Dodge Challenger today whlle cruising in my 2010 SS/RS and I though to myslef.

"That poor bastard"..

Semantics I guess...
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Old 11-23-2012, 11:46 PM   #81
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You are comparing a Mini to a Camaro? Since you have your opinion I will tell you mine....Mini's are about the stupidest looking cars on the market. Pretty hard to look manly driving one, do you have a white toy poodle on your lap when you are driving?
You state opinion. I stated facts. And yea. Some friends gave me crap but they drove it and loved it. Very fun to drive and doesn't break down. No leaks either. But it's time to move on. Ill be picking up a 1G DSM again. And that will be more reliable too. Again... Fact not opinion.
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Old 11-24-2012, 07:51 AM   #82
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Originally Posted by Kdogg View Post
Ok gotta reply to this one. Unless you are blessed to be able to pay cash for a car as soon as you leave the dealer your car starts depreciating. I always do sign and drive so no money comes out of pocket. I will pay $200 to $300 dollars less than someone buying and can afford a maxed out car not a stripper or mid-range model. I lease end I have option to buy at a discounted rate. Example, my last car a Hyundai genesis sedan snickered for $43,000 dollars,in 3yrs at lease end I can buy for $26,000.when it goes on the lot you will pay between $30,000 and $35,000 for it. For a few extra bucks a month I can get mileage bumped to 15 a year which is plenty for the average driver. Depending on car company you can get your maintenance paid for. BMW does it and when I had my c230 kompressor MB I paid no maintenance . Even if the brand is not premium they will throw in oil changes. Again,while the average car buyer is putting down a hefty down payment and paying for 5yrs, after 3 i'am in the next best thing. Not to mention after 5yrs and your car is paid off and the warranty has expired,you start getting nickeled and dimed to death! When you lease your car is always under warranty! I have beem leasing for 17yrs and have had some very nice fully loaded cars that I wouldn't have been able to buy. Do I own my car no,but neither do buyer. The banks own your car untill it's paid for. My lease is mine till lease end and then I have option to buy at a discounted rate! Does it work for everyone (no) ,but I works for me!
Do the math. Add up all your lease payments, look at the cost to buy at the end of the lease, and it will be more than to just buy or finance (and look at what you can actually buy it for, not just sticker price). There is absolutely no way any middleman is going to buy a car, lease it out to you for less than the depreciation, and then sell it to you for less than it is worth at the end. Somehow, somewhere, buried in some bookkeeping gimmick, you are paying for it all plus a profit margin for the leasing company.

And again, your initial payments are lower with leasing, but you never build equity like you do if you just financed and bought on a 5 year loan. Your lease payment will always be the same, while the person who builds equity has payments that go down over time until they eventually disappear.

Lastly, to end on a half serious, half good humored comment, if you think the typical car begins to fall apart in five years, you've been driving too many Hyundais. My Alero didn't start costing me anything besides oil changes until it was over 8 years old, and compared to most cars, those have poor reliability records. My brother's car is 7 years old with almost 110K miles, and has literally needed nothing other than cheap scheduled maintenance. Same with may Dad's previous car, which was traded in for just $8K less than it was bought for at 7 years old.
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Old 11-24-2012, 07:58 AM   #83
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Coming from a Gencoupe, it's a beast of a car. You'll love it. You just might want to keep it Good on gas too...
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Old 11-24-2012, 07:40 PM   #84
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Quote:
Originally Posted by tonyko1 View Post
Great, you love leases, bet the dealer loves them more.

Lucky for me, I paid cash for my car, so I am as stuck with it as I see fit. And when I am not so stuck, I will have something to show for it, $$$ mostly.

Leases are fleeces, let me count the ways:

1. You have NOTHING to show when the lease is up.

2. You paid too much per month for a car you DON'T own.

3. You have to insure the car as it is yours, but it isn't, see # 2 above.

4. You have to do maintenance on it like it is yours: tires, oil, brakes, whatever, but still not yours. Again refer to # 2.

5. You have some mileage limitations. You may not have to worry about it, neither do I, my car is mine, all paid for, MINE, MINE, MINE.

6. What is the resale value on your car? Oops, not your car, my bad. Actually your bad on a fleece, errrr, lease.

But, we all make value judgements on what indeed we find to do so value. Hey, I leased an 86 Mercury Cougar when I was half my age, loved the car, couldn't have bought it then, so I leased. But in 1990 I turned it in and walked home.

Best.

Actually sir you are wrong. A lease IS your car. Those monthly payments you make every month? yea.. they go towards the loan. So if after 3 years you want to purchase it outright, you buy if for the total price minus all of your lease payments. I know because I did it with an 09 civic for my ex wife.....
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