ba-autox
[Top] [All Lists]

Re: Leasing Versus Buying

To: Clifford Richardson <the_brain7@hotmail.com>, kkelly@spss.com,
Subject: Re: Leasing Versus Buying
From: James Creasy <black94pgt@pacbell.net>
Date: Wed, 11 Jul 2001 17:22:40 -0700
if you want to drive a new car, then i see no reason not to lease,
financially.

new cars, leased or bought, cost you big time in the hidden specter of
depreciation.

> -Buy if you don't intend on paying for a car for the rest of your life

but you see, this isnt true.  you pay depreciation.  at least with a lease
you can get out of it when the lease ends, or buy the car if you like it.
(only true for closed-end leases)

however, to me all new cars are pretty much the same as the next, so i dont
bother much with them.

-james 'never bought a new car' creasy



----- Original Message -----
From: Clifford Richardson <the_brain7@hotmail.com>
To: <kkelly@spss.com>; <ba-autox@autox.team.net>
Sent: Wednesday, July 11, 2001 4:48 PM
Subject: Re: Leasing Versus Buying


> Not sure how my thoughts would rate since my first autox run is yet to
come
> but here goes...
>
> My car's leased. An advantage for me is that I don't worry too much about
> pushing her too hard. She's still under warranty and after I've whipped
all
> the performance out of her, I get to give her back and get a fresh car.
The
> minus is the possibility that she and I may become a perfect driver/car
> combo after so many miles. Returning her might set me back a bit while I
> essentially build a whole new relationship with a new vehicle. You
> know...learning how that car handles, it's moods, limits, etc...No two car
> is ever the same, just like no two g/fs...um...nevermind.
>
> Did any of that make sense? :-) didn't think so...
>
> General thoughts:
> -Don't use your leased car to auto-x if you're afraid of extra charges for
> dings, etc...
> -Lease if you don't drive long distances and you have excellent credit
> -Lease if you're loaded
> -Buy if you don't intend on paying for a car for the rest of your life
> -Buy if you're gonna customize the car
> -Lease if you want a brand new car every 3-5 years
>
> Just thoughts, I'm sure some of you may disagree.
>
> -Arnold
>
>
> ----Original Message Follows----
> From: "Kelly, Katie" <kkelly@spss.com>
> To: "'ba-autox@autox.team.net'" <ba-autox@autox.team.net>
> Subject: Leasing Versus Buying
> Date: Wed, 11 Jul 2001 15:59:18 -0700
> MIME-Version: 1.0
> Received: from [207.173.21.42] by hotmail.com (3.2) with ESMTP id
> MHotMailBD162861004540043260CFAD152A0BE50; Wed, 11 Jul 2001 16:12:35 -0700
> Received: (from majordom@localhost)by teamfat2.dsl.aros.net
(8.11.0/8.11.0)
> id f6BN8QJ04434for ba-autox-actors; Wed, 11 Jul 2001 17:08:26 -0600 (MDT)
> Received: from hqmrelay.spss.com ([64.16.210.2]) by  teamfat2.dsl.aros.net
> (8.11.0/8.11.0) with ESMTP id f6BN8Mx04429 for  <ba-autox@autox.team.net>;
> Wed, 11 Jul 2001 17:08:22 -0600 (MDT)
> Received: from sfemail1.spss.com ([10.10.53.4]) by hqmrelay.spss.com
> (8.9.3/8.9.3) with ESMTP id SAA27604 for <ba-autox@autox.team.net>;  Wed,
11
> Jul 2001 18:08:16 -0500 (CDT)
> Received: by SFEMAIL1 with Internet Mail Service (5.5.2650.21) id
> <3TQSVFRG>; Wed, 11 Jul 2001 15:59:20 -0700
> From ba-autox-owner@autox.team.net Wed, 11 Jul 2001 16:13:43 -0700
> Message-ID: <93456CB7A08FD211B33D00A0C99D6373701E19@SFEMAIL1>
> X-Mailer: Internet Mail Service (5.5.2650.21)
> Sender: owner-ba-autox@autox.team.net
> Precedence: bulk
>
> Hey, anyone out there leasing their autocross vehicles? Can you tell me
the
> pluses and minuses?
>
> Thanks,
> Katie K.
>
> _________________________________________________________________

<Prev in Thread] Current Thread [Next in Thread>