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 Well-Known Member POTY The Bar

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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 Banned User

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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 Well-Known Member POTY The Bar

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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 Well-Known Member POTY The Bar

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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 Well-Known Member POTY The Bar

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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 Guaranteed to offend 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 I've got angst in my pants 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 Banned User

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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....