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RE: Leasing Versus Buying

To: ba-autox@autox.team.net
Subject: RE: Leasing Versus Buying
From: "Kelly, Katie" <kkelly@spss.com>
Date: Wed, 11 Jul 2001 17:21:36 -0700
A new car doesn't really make much sense. I've just been corresponding with
Brent at SF Honda. He threw some numbers at me. A lease almost sounds
reasonable, except for one thing. I can't afford it. Not right now, anyway.

Any ideas as to how the Honda S2000 will fit in Solo II's new classing
structure next year?

Doesn't matter. It's the year FOLLOWING that I'll even be able to think
about it.

In the meantime, anybody know anything about road bikes?

Katie

-----Original Message-----
From: James Creasy [mailto:black94pgt@pacbell.net]
Sent: Wednesday, July 11, 2001 5:23 PM
To: Clifford Richardson; kkelly@spss.com; ba-autox@autox.team.net
Subject: Re: Leasing Versus Buying


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
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> From ba-autox-owner@autox.team.net Wed, 11 Jul 2001 16:13:43 -0700
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>
> Hey, anyone out there leasing their autocross vehicles? Can you tell me
the
> pluses and minuses?
>
> Thanks,
> Katie K.
>
> _________________________________________________________________

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