Am I crazy to think about doing this?
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Joined: Mar 2002
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From: Ossining, New York
Originally Posted by Nightshade
I understand that but I still don't see it being a good idea.
Just out of curiousity how many miles average do you log a year?
reason I ask is because with a lease vehicle you are limited to a certain number of miles during your lease and after the lease is over they stab you for anything over the agreement.
Just out of curiousity how many miles average do you log a year?
reason I ask is because with a lease vehicle you are limited to a certain number of miles during your lease and after the lease is over they stab you for anything over the agreement.
under 12,000 a year. I have 34,200 miles on my GSR right now and later this month is 3 years that I have had my teg so mileage is not a problem. I know how leases work. I use to lease my previous vehicle and my parents have leased numerous vehicles so I am very familiar with the process.
Why don't you think it is a good idea? I would like to see different perspectives of this before I make any moves.
un-Touch'd krew
Joined: May 2001
Posts: 51,774
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From: My own level of hell
Originally Posted by BonzoAPD
under 12,000 a year. I have 34,200 miles on my GSR right now and later this month is 3 years that I have had my teg so mileage is not a problem. I know how leases work. I use to lease my previous vehicle and my parents have leased numerous vehicles so I am very familiar with the process.
Why don't you think it is a good idea? I would like to see different perspectives of this before I make any moves.
Why don't you think it is a good idea? I would like to see different perspectives of this before I make any moves.
The money you put into investments right now will be slower growth than if you were to just bite the bullet and sell the GSR, buy a decent used car, and leave it alone as a normal vehicle unmodded.
Wanting more power is fine but I don't think that finding creative ways to purchase a newer car that holds an extra 15-20 hp in it (stock) and is going to cost you more in payments and insurance is the way to go about it at all.
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Push to shock!
Joined: Sep 2002
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From: Palo Alto, CA
Since you wanted some pros:
If you leased a SRT-4 then you would avoid the hassle of dealing with repair issues later on (which, despite what SRT-4 owners claim, are probably going to be fairly annoying on a car that close to the limits). You would also save some money by not being able to add mods, and you would be able to "disown" the car in a few years when it becomes not so fun/interesting to drive anymore.
This is of course, assuming that
1) You won't go over mileage
2) That you're happy with the SRT-4 as is (have you driven it?)
If you leased a SRT-4 then you would avoid the hassle of dealing with repair issues later on (which, despite what SRT-4 owners claim, are probably going to be fairly annoying on a car that close to the limits). You would also save some money by not being able to add mods, and you would be able to "disown" the car in a few years when it becomes not so fun/interesting to drive anymore.
This is of course, assuming that
1) You won't go over mileage
2) That you're happy with the SRT-4 as is (have you driven it?)
Resident Heckler
Joined: May 2004
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From: Arizona
Originally Posted by BonzoAPD
there are a few reasons I would want to lease it.
1. Take all the money from the sale of my GSR and invest it.
2. Lease payments are lower than finace payments.
3. You have a car for a few years and then get rid of it (no dealing with
a car with no warranty)
4. If it is leased then I won't be tempted to spend the money I am
saving and then go and waste it by modding it
5. Don't have to worry about the car lasting me a long time, just lasting me
the lease period.
If I made this move, I would not be buying it, I would lease this only . That is if I went for it. This move would not make sence financially if i did that to save money.
1. Take all the money from the sale of my GSR and invest it.
2. Lease payments are lower than finace payments.
3. You have a car for a few years and then get rid of it (no dealing with
a car with no warranty)
4. If it is leased then I won't be tempted to spend the money I am
saving and then go and waste it by modding it
5. Don't have to worry about the car lasting me a long time, just lasting me
the lease period.
If I made this move, I would not be buying it, I would lease this only . That is if I went for it. This move would not make sence financially if i did that to save money.
this is a terrible idea. Just like buying a home, you want to buy a car for one reason: equity. Equity is what allows you to get something back on your investment... to slowly move up to bigger and better things. Leasing is only one step up on the ladder from burning your money and flushing the char down the toilet.
un-Touch'd krew
Joined: May 2001
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From: My own level of hell
Originally Posted by Kestrel
A house appreciates though, cars inherently depreciate. So you never make a return on a car...
Nothing worse than a person who honestly believes cars are investments that appreciate.
The only cars that appreciate are out of most of our reaches and if we did buy one my money says it would rarely if ever get driven and still cost more in insurance than a Civic with full coverage.
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"I'll keep my money, guns and freedom. You can keep the "Change."
"I'll keep my money, guns and freedom. You can keep the "Change."
Floppy Death! noES!!!
Joined: Oct 2002
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From: Scranton, PA
I wouldn't do it.
1st, I've heard way too many people say they regret ever trying to lease a car.
2nd, it's a facking neon. I don't care how fast it is... it's still a neon and that's a pussy car.
1st, I've heard way too many people say they regret ever trying to lease a car.
2nd, it's a facking neon. I don't care how fast it is... it's still a neon and that's a pussy car.
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Originally Posted by clickwir
2nd, it's a facking neon. I don't care how fast it is... it's still a neon and that's a pussy car.
a pussy car that will rape you 7 ways from sunday..your ignorance is so incredible, it hurts.
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From: eL Lay, SoCal
Originally Posted by Kestrel
A house appreciates though, cars inherently depreciate. So you never make a return on a car...
leasing isnt always bad. it works very well and makes sense to do so in certain situations.