Friday, April 3, 2020

Should I Lease or Buy a Car?

Stormy Beliard: Leasing offers flexibility in terms of the options available. If you wish to change your car every few years or if your lifestyle demands a new car every few years, then leasing is an attractive option. So lease is more beneficial compared to a loan.

Coleman Petropoulos: "You're probably not going to get a lease to happen. You don't have the credit history, which will DQ you right there." I HAVE EXCELLENT CREDIT AND HAVE HAD EXCELLENT CREDIT FOR 7 YEARS. "Evidently you do not know anything about cars if you keep buying junk like that."UHHHHHHH, IT SEEMS YOU DON'T WANT TO HELP. I ALREADY STATED AT LEAST 2X IN MY POST THAT I DON'T KNOW ANYTHING ABOUT CARS. IF YOU'RE JUST TRYING TO BASH ME JUST FOR THE HELL OF IT, THEN GO TO HELL, YOU POS. "So, unless you have upper crust income, you probably won't be buying anything near as new as a 2008 model, either." I HAVE THE MONEY TO BUY A 2010 MAYBACH. YOU REALLY DON'T KNOW WHO YOU'RE TALKING TO....Show more

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Booker Moros: Personally I would suggest just buying a newer model instead of leasing. I just bought a 2008 Mazda 3 with 16,000 miles on it. It still has a few more years, and over 40,000 miles in the factory warranty. I opted for the extended warranty on my car giving me a total of 7 years and 75,000 miles. So my car cost me about $16,000 after all things. The extended warranty isn't always the best option from the dealership because of the cost, but you can buy an extended warranty from several companies and save you from having to deal with repairs. So the total cost to buy my car isn't much more than to lease it for a few years and nobody can tell me how many miles I can drive, or what I can do to it. I don't know your credit score but there are plenty of dealerships that can get you a loan even with minimal cedit. But like I said this is my personal opinion and what was best for me....Show more

David Boehler: Here you are purchaseusedcar.info

Pearlie Med! ora: Hi Lisa if you can afford to lease a car your troubles ar! e over i only wish i were in the same class has you are ,just check three different leasing company's to see how the pricing compares .the best of luck .

Weldon Totaro: If you had the money to buy a 2010 maybach you wouldn't have these problems with cars. If you have the money it's pretty obvious, buy a good quality, low mileage car.You can get a certified pre-owned car with plenty of warranty left, or lease. But frankly, if you have that kind of money, what do you care about repairs? get what you want.

Rachal Osaki: if your purpose to have a car is just to move you around from work-office-a little leisure, i recommend you getting a small japanese car.. it is reliable , cheap, easy to maintain,no need to get top of the line unit,, it would be very complicating for you and the for mechanics when it breaks, specially the electronics, but this rule is applied to all brand and models of vehicles..the simplier the car, the simplier it is to repair/maintain.. you ma! y get honda, mitsubishi, mazda, toyota, get the basic model, no high tech features......Show more

Moises Rupinski: It sounds like your reasons to lease a car would be the same as buying a car that has a warranty, either the original or a certified pre-owned warranty. I've never leased a car. I simply put too many miles on them and keep them too long to make that an option. Even if you do lease, you're still responsible for maintenance (same with a purchased car under warranty). Also, the problem I have with leasing--as well as most finance terms through a dealer--is it's hard to see what you're actually paying for the car, especially factoring in the return. I typically just buy a car, but I've also helped relatives pre-arrange financing at clear terms and then they could go to a dealer and just discuss price.At any rate, finding a mechanic you can trust can make life a lot easier, although it's tough to do. Ask around and see if you get consistent recommendations! from people. Alfred has good advice in that I think your choices haven! 't been very reliable. My current car is a decade-old Honda with over 150,000 miles, but I've also had a few other cars that have gone over 100K and up to 250K miles. They had to be maintained, but none of them needed continual visits to mechanics. (They were Hondas, Nissans and Toyotas, if you're curious. I have had some other makes that did have continual problems, which is why I wound up looking toward the brands I mentioned).If it helps, Edmunds has a decent amount of information on leasing and buying.http://www.edmunds.com/advice/leasing/articles/ind...http://www.edmunds.com/advice/buying/articles/inde...I'd suggest buying something used, probably certified given your concerns, but some people do seem to like leasing. (Buying off lease cars is also a pretty good bet, too, and there are now a lot of 2007s coming off three-year leases, many of which will have well under 50K miles).If it helps, here's a Cars.com page on Certified Pre Own programs:http://www.cars.com/g! o/advice/shopping/cpo/index.j......Show more

Tricia Dossous: You're probably not going to get a lease to happen. You don't have the credit history, which will DQ you right there.What you CAN do is stop buying complete POS like Jeeps and Mercury Sables.Evidently you do not know anything about cars if you keep buying junk like that.So, unless you have upper crust income, you probably won't be buying anything near as new as a 2008 model, either.What we do suggest is coming up with a list of cars about five years old and floating them by us to see if they are good ideas to buy.We would have no doubt told you to RUN from used Heeps and ANY Ford Taurus clone. You can easily have issues with a new(ish) car, too. SO, it's not how old a car you buy, but WHAT you buy that counts. That means no German cars, before you get any silly ideas......Show more

Elaina Adolfson: Gee, you typed a lot of nonsense to simply ask the question "should I buy or lease?" Simply put, if y! ou buy a car and intend to drive it for a longer period of time you get! a better deal than leasing because a dealer will be a little more flexible on his price. However if you don't put on a lot of miles and want a newer car every few years then lease it but be aware the dealer will write the lease and figure the payments based on the full sticker price. I keep my cars 10 years before thinking of getting a new one so leasing is not an option for me but I get my money's worth out of that car....Show more

Russ Kiernan: "If you had the money to buy a 2010 maybach you wouldn't have these problems with cars."IF YOU KNEW TO WHOM YOU ARE TALKING , YOU'D KNOW THAT IN MY LIFE I'VE BEEN INVESTING IN BANKS, BUSINESSES AND LAND SO THAT THE MONEY THAT I DO HAVE NOW CAN DUPLICATE ITSELF AND STILL BE AROUND FOR THE NEXT 100+ YEARS; MY FOCUS HAS NOT BEEN CARS. AND, HON, OBVIOUSLY YOU DON'T HAVE MONEY BECAUSE WHETHER YOU HAVE MONEY OR NOT, THERE ARE PROBLEMS! EVER HEARD THE SAYING, "MORE MONEY, MORE PROBLEMS"??? YOU NEED TO LIVE A LITTLE, THEN YOU'LL SEE! THAT EVEN THE WEALTHY HAVE THEIR SHARE OF WOES; DON'T BE FOOLED."If you have the money it's pretty obvious, buy a good quality, low mileage car."IF YOU CAREFULLY READ THE QUESTION, YOU'D SEE THAT TO LEASE OR BUY IS NOT SO OBVIOUS TO ME. THAT'S WHY I'M LOOKING FOR ADVICE ON A CAR. I STATED IN MY ORIGINAL POST THAT I DON'T KNOW ANYTHING ABOUT CARS. "Gee, you typed a lot of nonsense to simply ask the question "should I buy or lease?" GEE, DID I OFFEND YOU?...Show more

Sherri Drakos: BMW 3 series is what I am thinking about however I understand repairs and maintenance is costly. What say you?

Dan Seen: Thanks, you all. Very insightful advice.

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