To Trade/Sell or not

[SDXLT]

You all are crazy! Go buy that Ranger Raptor you want and get that 84 month loan at 6%! YOLO amiright? You ain’t American if you aren’t driving around in a payment double what you can afford and maxing out those credit cards to make ends meet. Didn’t you see those tik-toks of the dealership employees bragging about their $2000 a month payments?

But really, if you are going to trade in before you finish paying it off just go lease something every 3 years and negotiate the lowest up front payment you can. With the interest, extended warranty you are way behind what you would be if you leased. Only thing with a lease is you gotta keep it stock or return back to stock when you turn it in.

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[Dr. Zaius]

...

But really, if you are going to trade in before you finish paying it off just go lease something every 3 years and negotiate the lowest up front payment you can. With the interest, extended warranty you are way behind what you would be if you leased. Only thing with a lease is you gotta keep it stock or return back to stock when you turn it in.

This.

If you have relegated yourself to always having a car payment, a lease can make sense.

You will still always have a car payment but now you will never be out of warranty and sometimes the maintenance is even included.

Some manufacturers even have all-inclusive leases that cover the car and insurance.

Be aware that insurance can sometime be more expensive for a lease though as it may require higher liability limits.

I never lease but (and I may be tarred and feathered for this) I am considering leasing a (GASP!) Tesla.

That way I can try it and see if electric works for us and either walk away at the end or consider buying one.

And no, not a Cybertruck. I already have a truck.

 

[AzScorpion]

This.

If you have relegated yourself to always having a car payment, a lease can make sense.

You will still always have a car payment but now you will never be out of warranty and sometimes the maintenance is even included.

Some manufacturers even have all-inclusive leases that cover the car and insurance.

Be aware that insurance can sometime be more expensive for a lease though as it may require higher liability limits.

I never lease but (and I may be tarred and feathered for this) I am considering leasing a (GASP!) Tesla.

That way I can try it and see if electric works for us and either walk away at the end or consider buying one.

And no, not a Cybertruck. I already have a truck.

I always traded mine in every 3 years but that's because I could write them off for business. It wouldn't have helped me at all to lease as I got more of a write off from the depreciation (60% in the first 3 years) than a lease.

Annie's was leasing her Honda Civics for the last 10 years. Average payment is around $175/mo with $2K down and that seemed to work out good for her. Now she works from home and we really don't need a second vehicle so that saves us money right now.

 

[AzScorpion]

I never lease but (and I may be tarred and feathered for this) I am considering leasing a (GASP!) Tesla.

I almost forgot....?

 

[Doc]

I always traded mine in every 3 years but that's because I could write them off for business. It wouldn't have helped me at all to lease as I got more of a write off from the depreciation (60% in the first 3 years) than a lease.

Annie's was leasing her Honda Civics for the last 10 years. Average payment is around $175/mo with $2K down and that seemed to work out good for her. Now she works from home and we really don't need a second vehicle so that saves us money right now.

Bidness’ Man …?

 

[philanderer]

you do understand yur gonna have to purchase another damper. consider whether the pain that will cause is worth it or not

 

[Dr. Zaius]

I almost forgot....?

OK, that's it!

I'm gonna get a Cybertruck after all and drive right up to your place in AR (after about a dozen stops to recharge on the way) and rev it in your driveway.

Oh wait, that won't work.

Hmmmm.....

I'll plug it into your outside AC receptacle and run up your power bill while it takes a week to charge enough to get to a SuperCharger!

Yeah, that's what I'll do!

Take That!

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