Best Of

the weird dynamics of monthly payment is what I love about leasing. The thrill of finding out what nice cars can be had for less money than boring ones!

MEH! For me, leasing is the equivalent of the TIMESHARE industry. Too many reoccurring access points for scammers to scam and swindle you for more money, and you have no leverage to stop it. I prefer AirBNB, owning, selling, and hotels/motels.

leasing is just an alternative method of financing a car.

I could agree with that if there wasn't disposition fees, subjective "excess wear and tear" type fees, and essentially what amounts to prepayment penalties. Also, financing isn't "guaranteed" at the end of the lease. With a "balloon" payment mortgage, for example, what I recall is that all the financing was guaranteed and defined at the end of "balloon popping" period. I might be wrong on that.

All the fees are just rolled into the price. And if you buy a car, there are also wear and tear penalties if you go to sell it (that is, you get less for it). Especially if it has a wreck with major repairs needed.

If you Buy a car with a loan and after 3 years sell it, your cost is basically payments and depreciation. No different than on a lease. The biggest difference being, on a lease, you are guaranteed a residual. On your purchase, it’s worth what someone decides to offer you.

And very often, there are significant lease incentives which offset the up front and disposition costs. But still, the bottom line is comparing your total cost to own to determine which method is more cost effective.

Amen!

To me the greatest advantage of leasing is that if you have a wreck, you just get it fixed and turn it in. You don’t worry about decreased value like you would trading a car in that has a dirty carfax.

So, I couldn't help myself....

I get a text from the dealer I bought the Enclave from. Typical type of solicitation. I'm eligible for pull ahead, incredible October incentives, etc, etc

So I said sure... quote me on a fully loaded Enclave @ 36/10. They only have four in stock, so I can only imagine how bad this quote will be.

No intention of buying until after we close on the house, but with everything going on I can use some entertainment right now.

When do you close? You’ve obviously got the upper hand in negotiation since you don’t have to do anything right now. Counter with something ridiculously low. It’s 2020, you never know what may be accepted.

So they quoted a 60K Enclave Avenir at $847 a month with zero DAS.

That’s seriously funny stuff right there. That must include a free Encore lease as well.

Was there a 2 drink minimum at this place? Who was the head lining act?

A group of long time guys, all turning 40, discussed where they should meet for lunch.

Finally, it was agreed that they would meet at Wetherspoons in Uxbridge because the waitresses were well endowed and wore mini-skirts.

Ten years later, at age 50, the friends once again discussed where they should meet for lunch.
Finally it was agreed that they would meet at Wetherspoons in Uxbridge because the waitresses were attractive. The food and service was good and the beer selection was excellent.

Ten years later, at age 60, the friends again discussed where they should meet for lunch.
Finally it was agreed that they would meet at Wetherspoons in Uxbridge because there was plenty of parking, they could dine in peace and quiet with no loud music, and it was good value for money.

Ten years later, at age 70, the friends discussed where they should meet for lunch.
Finally it was agreed that they would meet at Wetherspoons in Uxbridge because the restaurant was wheelchair accessible and had a toilet for the disabled.

Ten years later, at age 80, the friends discussed where they should meet for lunch.

Finally, it was agreed that they would meet at Wetherspoons in Uxbridge because they had never been there before.