October 26, 2011 9:23 pm at 9:23 pm #600197cherriosMember
should i lease or buy a car? any opinions?October 26, 2011 9:35 pm at 9:35 pm #821661
Lease. If you can afford $300-350 a month, you have lots of options, and you get to pick a new model every 3 yearsOctober 26, 2011 9:50 pm at 9:50 pm #821662GumBallMember
We lease and its very good but at the end you need to pay for all the dents and everything…October 26, 2011 9:53 pm at 9:53 pm #821663tryinghardMember
Keep in mind: not always can one afford something they were able to 3 yrs prior. Leasing may be tricky.October 26, 2011 10:09 pm at 10:09 pm #821664☕️coffee addictParticipant
We bought a certified pre owned car (a 2010) and we think its better than leasing because in the end you own the car and can resell it or keep itOctober 26, 2011 10:21 pm at 10:21 pm #821665
Good point, and one that I’m keenly aware of. In fact, when my lease expired, I opted for a car that was LESS than my old lease.
Had I bought a car, I’d be stuck with the payments (or the hassle of selling the car)October 26, 2011 11:03 pm at 11:03 pm #821666chanieMember
I would advise you to ask your accountant, who knows your financial status. Good luck.October 26, 2011 11:24 pm at 11:24 pm #821667wanderingchanaParticipant
We will NEVER lease again. We got dinged for every little thing when we turned in a car we weren’t replacing. They are more forgiving when you’re trading in for a new lease. We own both of ours, and one is paid for.October 26, 2011 11:31 pm at 11:31 pm #821668LawstudentMember
I’ve struggled through the same decision for a while. End of the day, buying will be cheaper, both on the amount you pay for the car and on the reduced insurance that you are required to carry. Conversely, buying will incur far more headaches, as it is your problem every time some little issue arises. Additionally, if there is a BIG issue like engine or tranny or muffler, etc., you wont necessarily have saved any money, while having driven an older model than in a lease.October 26, 2011 11:36 pm at 11:36 pm #821669
Ive got a shiny red shopping cart $35 padded handle too!October 26, 2011 11:40 pm at 11:40 pm #821670☕️coffee addictParticipant
Oh yeah wanderingchana,
When we were looking into leasing or buying that was a problem we had (that they would drey you a kup for every little scratch but we were offered 1,500 damage waiverOctober 27, 2011 3:21 pm at 3:21 pm #821671koillel101Member
we figured out that to make it worth it to buy we must keep the car for 10 years. We have it now for 11 and it works great-and looks great too-doesnt look brand new but doesnt look shabby either.October 27, 2011 6:23 pm at 6:23 pm #821672
” shopping cart “
The bubby cart? Wow, I thought my mother was the last person on earth to use one of those.October 27, 2011 6:26 pm at 6:26 pm #821673
” We have it now for 11 and it works great”
We did that with one car too. It lived for close to 12 years, but the last 3, it was limping and wheezing.
And, we missed that “new car smell” for 9 years!October 27, 2011 6:27 pm at 6:27 pm #821674
Ole Betsy can carry alot of essentials.October 27, 2011 6:33 pm at 6:33 pm #821675
Do you at least have the one with 4x drive? Or is it the drag-along kind? Don’t tell me, its the red plaid kind that folds for easy storage?
Cmon Goq, be honest!October 27, 2011 6:41 pm at 6:41 pm #821676
No Bpt its the 4 wheel drive deluxe model i told u padded handle!
not plaid just red with black trim.October 27, 2011 6:46 pm at 6:46 pm #821677zahavasdadParticipant
Ive bought 2 new cars, the first one I had for 12.5 years and my current car for almost 10 years.
If you intended to keep them, buying is cheaper if you want a new car every few years leasing is cheaperOctober 27, 2011 10:16 pm at 10:16 pm #821678
” its the 4 wheel drive deluxe model “
Oh, yeah? Well, lets see how fast you can make it down the aisle in Shoprite with your 4x tank.
I’ll bet money on Mom and her drag-along foldup cruiser anytime. First one to the Frozen section winsOctober 28, 2011 2:24 pm at 2:24 pm #821679golden momMember
we went thru this too a couple yrs ago didnt wanna pay for st then have to give it bk inj 3 yrs and didnt wanna have to make my kids crazy about eating in car… but for the size car we needed they didnt have older models its a newer size in the car world and we didnt have that much $ avail for a one time down
so we were bk to a leaseOctober 28, 2011 3:07 pm at 3:07 pm #821680YaacovMember
Leasing and buying (new) cars, are the biggest waste of money, even if you buy a new car and you plan on keeping it for 10+ years.
Buy yourself a 1-3 year old car, that’s in better than good condition. A car loses approximately 30% of its original value as soon as it is driven off the lot (in the first year) and a 1year old car will last you for ten or more years… If you get it certified from a dealer, you will probably pay a bit more, but you will have a warranty on it. If you buy it privately, you will save money.
From personal experience I can tell you the following: whatever you decide if it’s a used car, certified or not, spend the 80-100$ to bring it to a mechanic you trust and have them check out the car. Just because a car is certified, doesn’t mean it doesn’t have problems… Oh, also, ALWAYS GET A CARFAX (for the vehicle’s history, accidents etc.) – a dealer should pay for one, private seller, not necessarily – anything that has had a major accident will give you problems forever.October 28, 2011 3:17 pm at 3:17 pm #821681YaacovMember
The other answer is: if you haven’t had a car until now, don’t bother with it…
- You must be logged in to reply to this topic.