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Leasing a car seems . . . . . . - Printable Version

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Leasing a car seems . . . . . . - Carsman - 06-24-2019

 . . . . . . . . . .  like a waste of money.

When the lease is over, you give them back the car and have nothing to show for the money.
Although many people do it, so there must be some advantages. One disadvantage is having a low annual mileage allotted.

If you continue to lease another new car, then you are always driving a new car. Advantage to many.
But then you are also always having a monthly car payment, & paying high insurance rates because the car is always new.


In my state a "property tax" is levied on cars, and the "leasee" has to pay the tax even though not actually owning the car.

The property tax credit goes to the leasor on IRS return, not the leasee. Doesn't seem fair, but that's how it is.

So why do people lease cars? I always buy my cars out right, paying cash, so no interest paid to banks.

But now that I'm rounding 3rd base and heading for home, I may be considering looking into leasing.

So do you lease your car, and if so, what do you think the advantages are?


RE: Leasing a car seems . . . . . . - Maggot - 06-25-2019

never leased and always pay cash. Sometimes I use my credit union. But I hate all new cars like crazy. to many buzzers and chirps.


RE: Leasing a car seems . . . . . . - BigMark - 06-25-2019

I buy used books at the friends of the library so I can fold the corners if I damn well please.


RE: Leasing a car seems . . . . . . - Duchess - 06-25-2019

I've never leased and I paid off my car a couple years ago. I only have around 60,000 miles on her and I have no intention of getting a new one anytime soon. She looks as good as the day I brought her home. Good thing, cuz she old now.


RE: Leasing a car seems . . . . . . - BigMark - 06-25-2019

The car?


RE: Leasing a car seems . . . . . . - Jimbone - 06-25-2019

You're going to get it for that comment.


RE: Leasing a car seems . . . . . . - Duchess - 06-25-2019

Of course my car, she's beautiful, I'm a hag.

[Image: Altima-1.jpg]


RE: Leasing a car seems . . . . . . - Maggot - 06-25-2019

i like the curves on that.


RE: Leasing a car seems . . . . . . - BigMark - 06-25-2019

Sporty spice.


RE: Leasing a car seems . . . . . . - Carsman - 06-25-2019

(06-25-2019, 10:51 AM)Duchess Wrote: I've never leased and I paid off my car a couple years ago. I only have around 60,000 miles on her and I have no intention of getting a new one anytime soon. She looks as good as the day I brought her home. Good thing, cuz she old now.

My beauty that got totaled in SNAKEland (I HATE SNAKES) only had "55, 486" miles on it, and it had "ICE COLD" A/C.
(coldest A/C I've ever had in a car, always had to turn it down)
I had no intention of getting another car till now that I'm forced into getting one.
Lease , or not to Lease.???



RE: Leasing a car seems . . . . . . - Duchess - 06-25-2019

(06-25-2019, 03:11 PM)Carsman Wrote: Lease , or not to Lease.???

Buy. You strike me as someone who is a responsible owner who takes very good care of their vehicle. If you're going to invest you should have something to show for it. Your car will last a good, long time.


RE: Leasing a car seems . . . . . . - Carsman - 06-25-2019

(06-25-2019, 03:23 PM)Duchess Wrote:
(06-25-2019, 03:11 PM)Carsman Wrote: Lease , or not to Lease.???

Buy. You strike me as someone who is a responsible owner who takes very good care of their vehicle. If you're going to invest you should have something to show for it. Your car will last a good, long time.


Well, I'm in new territory now, where I might not need a car a good long time.
I'm rounding 3rd base & heading for home.
Maybe I should start thinking of leasing a car for say like at 3 year intervals.
(I always get melancholy when family goes back home)



RE: Leasing a car seems . . . . . . - aussiefriend - 07-06-2019

My lease is finished this month. I am just going to buy the balance left. Save and pay cash for maybe an electric car in the future.


RE: Leasing a car seems . . . . . . - Carsman - 07-06-2019

(07-06-2019, 12:18 PM)aussiefriend Wrote: My lease is finished this month. I am just going to buy the balance left. Save and pay cash for maybe an electric car in the future.

Hi Aussie, are you a repeat leaser?  If so, did you ever have problems turning in the other leased car(s) to get your security deposit back? I hear they check for dents, scratches, wear and tear, and the like, anything so they can keep your deposit.


RE: Leasing a car seems . . . . . . - aussiefriend - 08-20-2019

(07-06-2019, 04:44 PM)Carsman Wrote:
(07-06-2019, 12:18 PM)aussiefriend Wrote: My lease is finished this month. I am just going to buy the balance left. Save and pay cash for maybe an electric car in the future.

Hi Aussie, are you a repeat leaser?  If so, did you ever have problems turning in the other leased car(s) to get your security deposit back? I hear they check for dents, scratches, wear and tear, and the like, anything so they can keep your deposit.
Carsman, guess what happened? I was going to get another lease from these really upmarket dealers. They ripped me off. They asked me to give them $200 to hold the car, and it did not come off the balance as I was going to lease it. So then over the weekend I thought about it, and decided not to go ahead with it. I could feel it wasn't right. These guys quickly turned nasty when I asked for my $200 back. Not returning phone calls, the Sales manager was like an abusive misogynist, and hung up on me. I got onto the general manager and he was horrible too, but asked for my bank account details and then didn't put the money in the account. I spoke to a lawyer that says I am in the right and he wants to send a letter of demand. But now I am so over it, I'm thinking I will just let it go and never deal with them again. They are called Performance Automobiles in Hobart, and they have 21 negative reviews. I didn't know that at the time of course. I don't like getting ripped off, and I don't also want to waste my energy chasing $200. I'm busy got other important stuff to do and it seems petty like Judge Judy amount.


RE: Leasing a car seems . . . . . . - Carsman - 08-21-2019

(08-20-2019, 10:07 AM)aussiefriend Wrote:
(07-06-2019, 04:44 PM)Carsman Wrote:
(07-06-2019, 12:18 PM)aussiefriend Wrote: My lease is finished this month. I am just going to buy the balance left. Save and pay cash for maybe an electric car in the future.

Hi Aussie, are you a repeat leaser?  If so, did you ever have problems turning in the other leased car(s) to get your security deposit back? I hear they check for dents, scratches, wear and tear, and the like, anything so they can keep your deposit.
Carsman, guess what happened? I was going to get another lease from these really upmarket dealers. They ripped me off. They asked me to give them $200 to hold the car, and it did not come off the balance as I was going to lease it. So then over the weekend I thought about it, and decided not to go ahead with it. I could feel it wasn't right. These guys quickly turned nasty when I asked for my $200 back. Not returning phone calls, the Sales manager was like an abusive misogynist, and hung up on me. I got onto the general manager and he was horrible too, but asked for my bank account details and then didn't put the money in the account. I spoke to a lawyer that says I am in the right and he wants to send a letter of demand. But now I am so over it, I'm thinking I will just let it go and never deal with them again. They are called Performance Automobiles in Hobart, and they have 21 negative reviews. I didn't know that at the time of course. I don't like getting ripped off, and I don't also want to waste my energy chasing $200. I'm busy got other important stuff to do and it seems petty like Judge Judy amount.

Sorry to hear your confirmed misery that leasing causes. How much would the lawyer charge for the letter?
If it's only $100, then have him send it, at least you would get half your money back, and know the fact you won!



RE: Leasing a car seems . . . . . . - aussiefriend - 09-04-2019

He was a community lawyer and it was free. Very upper class accent and a nice guy. But guess what, the money was returned to me.

I still have to do business with them in the future as the general manager knows, I need a new side mirror and they specialize in Volvos, which is what I have. XC90


RE: Leasing a car seems . . . . . . - Carsman - 09-04-2019

(09-04-2019, 12:03 PM)aussiefriend Wrote: He was a community lawyer and it was free. Very upper class accent and a nice guy. But guess what, the money was returned to me.

I still have to do business with them in the future as the general manager knows, I need a new side mirror and they specialize in Volvos, which is what I have. XC90


Well it's good you got your money back no matter whatever the reason.

XC90, nice car, classy!



RE: Leasing a car seems . . . . . . - aussiefriend - 09-04-2019

Thanks Cars, yes I decided to just keep the XC90 as it really is a good family car, and its great to put the pugs in the back area when we take them out. My teenager likes to sit in the back so that she is like a rock star being chauffeur driven by me. It's black, with black tinted windows.


RE: Leasing a car seems . . . . . . - aussiefriend - 10-01-2019

My airconditioner compressor is broken, is going to cost me $800 to replace and I don't know if service is ontop of that.
My Mum has thrown her false teeth out we think she threw it in the bin, we looked everywhere and couldn't find it. I've paid $1900 she gets them on Wednesday. I am going to be like the gatekeeper with these new ones.

I have a teenager wanting an apple computer. It all happens at once. On a positive note, I know Bono Smiley_emoticons_wink lolz