WTF Buy or Lease a car?

Discussion in 'The Howard Stern Show' started by treyphan77, Feb 22, 2016.

  1. treyphan77

    treyphan77 Well-Known Member VIP

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    Anyone have any opinions on these two options? Assuming mileage restrictions aren't a major concern in this case. I keep reading about needing to be careful with leasing but the reasoning seems a bit fuzzy. Would love to get some opinions!
     
  2. Kanye West

    Kanye West Yeezus!

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  3. baltimore mike

    baltimore mike I wear panties 24/7 364

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    How many miles a year do you drive?
     
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  4. tradioguy69

    tradioguy69 VP of Larry, Inc.

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    We lease both our cars and love it. Upgrade to new every 2 to 3 years. Nice monthly lease prices. They take care of the oil changes prices and any mechanical issues that come up (luckily we haven't had any in all our years of leasing).
     
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  5. treyphan77

    treyphan77 Well-Known Member VIP

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    Well thats the thing. I am actually going to be buying or leasing a car for my 73 year old Mother. She is still fairly active but doesn't drive as much as she used to at all.
     
  6. treyphan77

    treyphan77 Well-Known Member VIP

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    And there aren't like a bunch of hidden gotchas?
     
  7. DDragon

    DDragon Well-Known Member

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    Lease is you're a really good and careful driver. Buy if you're more careless and reckless.
     
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  8. baltimore mike

    baltimore mike I wear panties 24/7 364

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    I am in the car biz and I say in this case lease for sure payments should be very low and you should be under warranty through the whole lease
     
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  9. Chicken Soda

    Chicken Soda Unknown Member

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    If you think she'll stop driving altogether in 3-4 years, then lease it. If she'll drive until 80+, then buy.
     
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  10. baltimore mike

    baltimore mike I wear panties 24/7 364

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    To get the super low payment that you see on tv yes
     
  11. tradioguy69

    tradioguy69 VP of Larry, Inc.

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    No sir. Your mother isn't traveling over 15,000 miles a year. I think you are fine.
     
  12. baltimore mike

    baltimore mike I wear panties 24/7 364

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    But if you have good credit you can roll everything in the lease
     
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  13. CrucifiedAGT

    CrucifiedAGT He's Around VIP

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    It seems unless you drive a lot of miles, plan to keep your car for 5+ years, or you can sell the car yourself, they get you coming or going.
     
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  14. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    in 2010 (maybe 11) I paid cash for a used Honda civic -05

    fucking bullet proof little piece of shit

    I only buy used cars for cash- so I have no idea is all i'm saying
     
  15. Snort

    Snort Alternative facts Gold

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    To me leasing is dumb. Here put down a few grand, pay the monthly payments then after a couple few years give it back and start over.

    I'd rather own thw car after. But that's my opinion.
     
  16. Divorce Chicken

    Divorce Chicken white punk on dope VIP

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    Yeah, I lease too. Just watch the mileage, keep up with maintenance and enjoy!
     
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  17. DDragon

    DDragon Well-Known Member

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    Same
     
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  18. sparty89

    sparty89 Well-Known Member

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    Buy a reliable car that's a couple years old and drive it until it dies. I drive an '06 Acura. Great car, haven't made a payment in over 5 years.
     
  19. BaldPussy

    BaldPussy Well-Known Member

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    I lease all the time. Rule # 1.Always pay $0 down! They have deals all the time with $0 down. Then all you are paying is the monthly fee. After 36 months , new car, new technology. Granted I only drive 9K miles a year.
     
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  20. treyphan77

    treyphan77 Well-Known Member VIP

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    I'm with you but in the case of my Mom I just want to keep her in a new ride that has as small a chance as possible of leaving her on the side of the road....