What's new
Forums
Members
Resources
Whopper Club
Politics
Pics
Videos
Fishing Reports
Classifieds
Log in
Register
What's new
Search
Members
Resources
Whopper Club
Politics
Menu
Log in
Register
Install the app
Install
Forums
General
General Discussion
Buying vs. Leasing
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Retired Educator" data-source="post: 163298" data-attributes="member: 3373"><p>I have done all of the different buying styles, Used, New, and Leased. I would agree that a good used, 1-2 year old vehicle is the best option. The problem is that those are not easy to find. Lots of pickups in the 80-100,000 mile range, not so many with less than 20,000.</p><p> </p><p>I wish I had never heard of leasing. Probably a better deal for someone who can write-off the lease expense with a business. For me the difference between leasing and buying was on a lease you pay nothing down and owe at the end of the lease, or turn back in and you have no vehicle, or pay the difference. Purchasing, you pay more up front and at the end you own a vehicle. In most cases the amount of money you spend will be about the same. Those writing leases know that amount you will pay and it will be about equal.</p><p></p><p>Purchasing new might not make financial sense but I worked long and hard to be in the position where I can buy a new one every 5 or 6 years, usually trade in the 80-90,000 mile range. When I was younger and a family at home it was always used. Now I like that new-car smell and my kids asking how I paid tor that. </p><p></p><p>The short answer for me would be Used when you have a family to support, Lease possibly if you can write off the lease as an expense, and New when its feasible so the younger guys with families have something to buy when you trade.</p></blockquote><p></p>
[QUOTE="Retired Educator, post: 163298, member: 3373"] I have done all of the different buying styles, Used, New, and Leased. I would agree that a good used, 1-2 year old vehicle is the best option. The problem is that those are not easy to find. Lots of pickups in the 80-100,000 mile range, not so many with less than 20,000. I wish I had never heard of leasing. Probably a better deal for someone who can write-off the lease expense with a business. For me the difference between leasing and buying was on a lease you pay nothing down and owe at the end of the lease, or turn back in and you have no vehicle, or pay the difference. Purchasing, you pay more up front and at the end you own a vehicle. In most cases the amount of money you spend will be about the same. Those writing leases know that amount you will pay and it will be about equal. Purchasing new might not make financial sense but I worked long and hard to be in the position where I can buy a new one every 5 or 6 years, usually trade in the 80-90,000 mile range. When I was younger and a family at home it was always used. Now I like that new-car smell and my kids asking how I paid tor that. The short answer for me would be Used when you have a family to support, Lease possibly if you can write off the lease as an expense, and New when its feasible so the younger guys with families have something to buy when you trade. [/QUOTE]
Verification
What is the most common fish caught on this site?
Post reply
Recent Posts
C
NFL News (Vikings)
Latest: camper
10 minutes ago
Outdoor photo request
Latest: JMF
18 minutes ago
Wolf Hunting?
Latest: bucksnbears
20 minutes ago
Wolves at J Clark Sawyer
Latest: 1lessdog
Yesterday at 11:21 PM
W
Which one you did this?
Latest: walleyeman_1875
Yesterday at 12:17 PM
Beef prices going up????
Latest: wslayer
Yesterday at 8:05 AM
Any ice reports?
Latest: Eatsleeptrap
Sunday at 8:03 PM
S
Anyone snare rabbits?
Latest: snow2
Sunday at 9:46 AM
Deer speeds.
Latest: Kurtr
Sunday at 9:08 AM
6.5 Creedmore
Latest: Jiffy
Sunday at 8:25 AM
Four legged tax deduction
Latest: lunkerslayer
Saturday at 8:53 PM
N
Crazy Fingers
Latest: NodakBob
Saturday at 2:39 PM
OAHE Ice 25/26
Latest: Kurtr
Saturday at 9:08 AM
P
Look at the size of that deer
Latest: Pheasant 54
Friday at 10:44 PM
It's been a good season.
Latest: grumster
Friday at 9:00 PM
Montana to cut deer tags
Latest: Kurtr
Friday at 2:03 PM
I HATE coyotes!!!!
Latest: SupressYourself
Friday at 11:17 AM
S
Satellite Internet
Latest: sdietrich
Thursday at 10:34 PM
T
Let's talk EBIKES!!!
Latest: Traxion
Thursday at 8:56 PM
L
Hard decision -Dog
Latest: LBrandt
Thursday at 5:29 PM
Accuphy Ping Live Sonar
Latest: tdismydog
Thursday at 3:15 PM
Buying gold and silver.
Latest: Maddog
Thursday at 2:52 PM
Dickinson Sporting Complex
Latest: Wirehair
Thursday at 10:55 AM
Friends of NDA
Forums
General
General Discussion
Buying vs. Leasing
Top
Bottom