Cars We Drive!

[Piobaire]



I think leasing almost never works in your favor. The only time I see it being advantageous is if you wreck your car (loss of value), the value plummets like a rock, or the car has so many pricey options that you wouldn't recover the cost of on resale.

Leasing always works in your favor if you use it when you should and know how to negotiate a lease which does require mastery of basic algebra.

If your goal is to change cars every three years or so leasing is the way to go. Let's take two guys over six years, one buys and one leases. They have no car, obtain a car and drive it for three years, obtain new cars three years, and at the end of six years, change those cars out for a third set. So the scenario is:

1) No cars prior
2) New cars
3) Three years later dispose of those cars and get new cars
4) Three years later dispose of those cars and get new cars

If you want to see the power of the lease run through that scenario with about any car members of this thread are likely to desire.

 

[jet]



Looking for an everyday car that has basic features found in $20,000 cars. Two-way seats? No navigation system? No heated seats? That's a joke for a $60k+ car.

Then the cayman s is not the car for you, perhaps you should be looking at toyota avalons.

 

[aravenel]



obtain a car and drive it for three years

Ah, there's the difference. If you're replacing every three years, I can definitely see leasing working out in your favor.

 

[jet]

Does anyone really trade in a car they purchased after 3 years? Most people are driving them at least 5-6 years.

 

[samadhi27]

I have a friend whose mother is a terrible driver but insists on replacing her S-class with the newest model every year. She does the same with her Blackberries

 

[Find Finn]

I have multiple friends who own multiple cars a year, I think one of them is on car 4 this year and they range from 5k-50k.

The blackberry iPhone thing is the same thing, it's marsupialed.

 

[Rumpelstiltskin]

Metallic color
Colored wheel crest
Leather interior two-tone. (this is with only 2 way seats, if I selected a real seat, it would bump up the price another 2500+)
Infotainment package
Convenience package
Xenon headlights
Parkassist (got it on my new car and it's awesome)
PDK (infinitely better than manual)
Power steering plus (tested one with and without, and it needs it I think)
Sport chrono package (makes a huge difference, tested one with and without)
Multifunction steering wheel

$82,435

Then if I configured it similar to the car I actually got, it was up to $91,205.

This is all starting off a $63,800 base price for the Cayman S.

2 zone climate control? It's a 2 seater. Any why would you need parking assist on such a little car?

 

[bawlin]

Once you have a car with parking assist, it's impossible to go back. Size is irrelevant.

Dual zone climate control is just stupid though...

 

[Superfluous]



2 zone climate control?  It's a 2 seater.  Any why would you need parking assist on such a little car?

Where do you see 2 zone climate control? And the parking assist is great, especially for small garages.

 

[Superfluous]



Leasing always works in your favor if you use it when you should and know how to negotiate a lease which does require mastery of basic algebra.

If your goal is to change cars every three years or so leasing is the way to go. Let's take two guys over six years, one buys and one leases. They have no car, obtain a car and drive it for three years, obtain new cars three years, and at the end of six years, change those cars out for a third set. So the scenario is:

1) No cars prior
2) New cars
3) Three years later dispose of those cars and get new cars
4) Three years later dispose of those cars and get new cars

If you want to see the power of the lease run through that scenario with about any car members of this thread are likely to desire.

Either I didn't understand what you're saying or this didn't explain how a lease is better.

 

[Piobaire]



Either I didn't understand what you're saying or this didn't explain how a lease is better.

Given these two choices I pick the former.

 

[Superfluous]



Given these two choices I pick the former.

Can you dumb it down for me please? Maybe include some math.

 

[Piobaire]



Can you dumb it down for me please? Maybe include some math.

Go through this thread. I've done the math many times and really have no desire to do it again. I gave you the scenario to apply the math to and I really don't care if you lease or buy or if you think I'm foolish/genius for leasing my vehicles. I also think knowledge you acquire on your own will mean more to you. If you really want to know the answer you'll figure it out.

 

[HRoi]

Traded in a car I purchased after 3 years once. It was a brand new car too. Never again

 

[JayJay]



Traded in a car I purchased after 3 years once. It was a brand new car too. Never again

I've traded a new car I purchased after a year and on another after two years. Costly mistakes. Never again, hopefully. In both cases I bought vehicles that weren't really what I wanted, now I get what I want in the first place.