Date: Sun, 04 May 2003 09:37:40 -0700 From: B&D <NO_SPAMnopsamCOM> Subject: Re: Saab Depreciation: Greater than most?
On 5/4/03 7:15 AM, in article hp7abvgl1i6ernm3tlhjuue7emt87hem27nopsamcom, "'nuther Bob" <nonenopsam.nom> wrote: > On Sat, 03 May 2003 17:48:36 -0300, Dexter J > <lamealameadingdongnopsamlamelame.org> wrote: > >> Thusly: >> >> a: I can afford a monthly of 'X' and I can get a car that won't break down >> on me so I can afford to pick up all my bills in the course of a month.. >> >> later: >> >> Crap - I can't afford the spread between the agreed value in my lease > > > This is the great fallacy of leasing. Dealers love leasing because it > lets them "put people into cars" for less per month - and they are > always trying to sell the monthly payment, not the purchase price. > They don't care that you are getting a terrible deal and will be > left holding the bag in a few years. But, people like to live in a > fantasy world and believe that they can afford, in fact, really > _deserve_, a car that makes no financial sense whatsoever. How would you be left holding the bag? I know a lot of people that lease cars successfully and don't feel burned afterwards. And probably couldn't afford the car if purchased new rather than leased. You make sure that there is warranty service for the period of the lease, make sure you select the correct number of miles. How can people go wrong? Are they leasing Bentleys or something?
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