[Main 95 Bulletin Board | BBFAQ | Prev by Date | Next by Date | Post Followup ] Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos The money you save is worth a lot...... Like This Post: - Subscribe to Daily Digest for this Bulletin Board Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Sun, 20 Mar 2005 13:26:46 In Reply to: Renting vs. Owning, Kirk, Sat, 19 Mar 2005 18:00:52 Alert me when someone posts in this thread: Members do not see ads below this line. - Help Keep This Site Online - Signup

When that desire for a new Saab, one that you get to pick the color and equipment of, one that's brand new with free maintenance and a full warranty, one with the latest safety features for your family, once you reach that point, then you'll have the choice of buying or leasing.

Have you bought a new car? Are you somewhere in life where it could be the car you really want and deserve? It doesn't sound like it from your post and it makes a big difference on your prespective on making the financial arrangements.

Once you decide that $30k new car belongs in your garage you have to navigate all the various rebate, financine and lease offers availible on that car. Saab doesn't make this easy. Programs change from month to month and Saab skews the picture towards leasing by stacking generous inencetives along with super low lease rates on some models. For awhile there was an extra $1,000 in price incenitives in favor of the lease combined with a low rate. Usual Saab practice has you giving up a little incentive money to get at the low lease rate.

For most of us that distills down to a monthly payment. And then leasing becomes even more attractive. Not everyone who leases really can't afford it otherwise, although that does highlight one of the major payment advantages for a lease, the lease payments on a new one are likely less than buying a 3-4 year old used one.

Another example I use is that the more expensive the car, the more money savvy the customer is, the more folks lease.

• Mike Lynch advise on lease options if any., dedhed, Sat, 19 Mar 2005 15:48:40
  • Renting vs. Owning, Kirk, Sat, 19 Mar 2005 18:00:52
    • Re: Renting vs. Owning, JackF, Sun, 20 Mar 2005 21:26:32
    • Why own a depreciating asset, pony_trekker, Sun, 20 Mar 2005 15:26:18
      • So that you won't have payments for several, Bob M, Mon, 21 Mar 2005 11:48:57
      • Plus there's this tax thing, pony_trekker, Sun, 20 Mar 2005 15:33:00
    • The money you save is worth a lot......, Mike Lynch , Sun, 20 Mar 2005 13:26:46 <-- Viewing This Message
    • Leasing is not always a bad idea, Caarma , Sat, 19 Mar 2005 20:11:08
  • Equity challenged....., Mike Lynch , Sat, 19 Mar 2005 15:57:45

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