Should I lease a 2004 Jaguar X-Type 3.0??

[vi edit]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
Please explain to me the financial benefits of leasing vs buying. I'd like to hear this. Enlighten me.
</end quote></div>
It was mentioned earlier in this thread and has been debated in multiple buy vs. lease threads. If you're going to get a new car every few years it will usually be better to lease. With a lease you're paying for the expected depreciation over your lease term. When you buy a car you're doing the same thing except your financing the entire car and then looking to make back the non-depreciated value when you sell it. Obviously, if you're happy driving a car for an extended length of time and put a ton of miles on it then you'll come out ahead buying. Also, if the residual value of the vehicle at the end of your lease is lower than current market value, you may choose to buy the vehicle as well.
</end quote></div>
Exactly. Again, financially, leasing is a bad move. Buying a car every freakin' 3 years is an AWFUL financial move! And leasing a car every 3 years is not much better. FINANCIALLY, buying a car and keeping it for awhile is the best move. Unless we are talking about writing off expenses, leasing is just someone trying to get more than they can afford. If you want to talk about good financial sense, BUY a pre-owned (fancy term for "used car") where you'd take out a lot of the depreciated cost of a new car, then invest your money. AGAIN, 99% of the people that lease a car are trying to pretend they're something they're not. And again, 99% of the way people are leasing a vehicle is just a bad financial move. The OP would be better off buying a nice new $20K car which should last him for awhile. But no, he wants to look cool in a Jag. We're not talking about good financial sense here. We're talking about what someone WANTS, which normally has very little to do with good financial sense. IMO, someone struggling to LEASE a USED "luxury vehicle" is just a "wannabe."</end quote></div>

I agree, financially it's best to buy a used car and keep it forever (ignoring maintenance costs). Of course, so is buying used clothes at salvation army and kitchenware at garage sales. 99% of the people who buy new clothes every few years are "trying to pretend they're something they're not".</end quote></div>

---------------------------------------------------------------------------------------------------------

LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.

Don't you have a $5000 TV?

 

[azazyel]

I know I'm going to get crap for this but I just bought a 2007 Hyundai Elantra limited and my payments are just over $300 and I have a 10yr 100K B2B warranty with it. It's fun to drive and I feel it's everything I need in a car.

 

[JackBurton]

Originally posted by: vi_edit
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
Please explain to me the financial benefits of leasing vs buying. I'd like to hear this. Enlighten me.
</end quote></div>
It was mentioned earlier in this thread and has been debated in multiple buy vs. lease threads. If you're going to get a new car every few years it will usually be better to lease. With a lease you're paying for the expected depreciation over your lease term. When you buy a car you're doing the same thing except your financing the entire car and then looking to make back the non-depreciated value when you sell it. Obviously, if you're happy driving a car for an extended length of time and put a ton of miles on it then you'll come out ahead buying. Also, if the residual value of the vehicle at the end of your lease is lower than current market value, you may choose to buy the vehicle as well.
</end quote></div>
Exactly. Again, financially, leasing is a bad move. Buying a car every freakin' 3 years is an AWFUL financial move! And leasing a car every 3 years is not much better. FINANCIALLY, buying a car and keeping it for awhile is the best move. Unless we are talking about writing off expenses, leasing is just someone trying to get more than they can afford. If you want to talk about good financial sense, BUY a pre-owned (fancy term for "used car") where you'd take out a lot of the depreciated cost of a new car, then invest your money. AGAIN, 99% of the people that lease a car are trying to pretend they're something they're not. And again, 99% of the way people are leasing a vehicle is just a bad financial move. The OP would be better off buying a nice new $20K car which should last him for awhile. But no, he wants to look cool in a Jag. We're not talking about good financial sense here. We're talking about what someone WANTS, which normally has very little to do with good financial sense. IMO, someone struggling to LEASE a USED "luxury vehicle" is just a "wannabe."</end quote></div>

I agree, financially it's best to buy a used car and keep it forever (ignoring maintenance costs). Of course, so is buying used clothes at salvation army and kitchenware at garage sales. 99% of the people who buy new clothes every few years are "trying to pretend they're something they're not".</end quote></div>

---------------------------------------------------------------------------------------------------------

LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.</end quote></div>

Don't you have a $5000 TV?

--------------------------------------------------------------------------------------------------------

Oh, you mean the TV I'm going to BUY? I don't have it yet, but I am going BUY it. Notice I'm not RENTING the TV (which is what leasing pretty much is). And I never said buying a Benz (luxury car) is a bad thing. You obviously have the money to BUY it, so knock yourself out. It's not a great financial move, but that is a "want" and you definitely can afford it. Leasing on the other had is like saying, "hey, I can't afford to buy a Benz, but I definitely have the money to rent it." I don't rent cars (leasing), furniture, tires or whatever else. I like OWNING my stuff.

 

[Ns1]

leasing is not a bad move if you have other uses for the cash.

 

[krunchykrome]

Alright, Im sick of this stupid quoting sh!t. I can't even follow who said what anymore.

 

[vi edit]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: vi_edit
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
Please explain to me the financial benefits of leasing vs buying. I'd like to hear this. Enlighten me.
</end quote></div>
It was mentioned earlier in this thread and has been debated in multiple buy vs. lease threads. If you're going to get a new car every few years it will usually be better to lease. With a lease you're paying for the expected depreciation over your lease term. When you buy a car you're doing the same thing except your financing the entire car and then looking to make back the non-depreciated value when you sell it. Obviously, if you're happy driving a car for an extended length of time and put a ton of miles on it then you'll come out ahead buying. Also, if the residual value of the vehicle at the end of your lease is lower than current market value, you may choose to buy the vehicle as well.
</end quote></div>
Exactly. Again, financially, leasing is a bad move. Buying a car every freakin' 3 years is an AWFUL financial move! And leasing a car every 3 years is not much better. FINANCIALLY, buying a car and keeping it for awhile is the best move. Unless we are talking about writing off expenses, leasing is just someone trying to get more than they can afford. If you want to talk about good financial sense, BUY a pre-owned (fancy term for "used car") where you'd take out a lot of the depreciated cost of a new car, then invest your money. AGAIN, 99% of the people that lease a car are trying to pretend they're something they're not. And again, 99% of the way people are leasing a vehicle is just a bad financial move. The OP would be better off buying a nice new $20K car which should last him for awhile. But no, he wants to look cool in a Jag. We're not talking about good financial sense here. We're talking about what someone WANTS, which normally has very little to do with good financial sense. IMO, someone struggling to LEASE a USED "luxury vehicle" is just a "wannabe."</end quote></div>

I agree, financially it's best to buy a used car and keep it forever (ignoring maintenance costs). Of course, so is buying used clothes at salvation army and kitchenware at garage sales. 99% of the people who buy new clothes every few years are "trying to pretend they're something they're not".</end quote></div>

---------------------------------------------------------------------------------------------------------

LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.</end quote></div>

Don't you have a $5000 TV?</end quote></div>

--------------------------------------------------------------------------------------------------------

Oh, you mean the TV I'm going to BUY? I don't have it yet, but I am going BUY it. Notice I'm not RENTING the TV (which is what leasing pretty much is). And I never said buying a Benz (luxury car) is a bad thing. You obviously have the money to BUY it, so knock yourself out. It's not a great financial move, but that is a "want" and you definitely can afford it. Leasing on the other had is like saying, "hey, I can't afford to buy a Benz, but I definitely have the money to rent it." I don't rent cars (leasing), furniture, tires or whatever else. I like OWNING my stuff.

I'm sorry. I thought this thread was preaching about financial responsibility. I guess a lot of us would find spending $5000 on a TV (even if you are buying it) irresponsible when a $250..or $500..or hell even $1000 TV would work just fine.

 

[jiggahertz]

Originally posted by: JackBurton
LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.

Um, it's not an extreme it's just another depreciating asset. You are misrepresenting your argument to get this generalization that leasing is a poor financial decision. The longer you keep the car, the less cost per year you will incur, comprende? Some people have other wants than yourself, so they may value a new car every few years just as you may value nice clothes, or a TV. The idea that if you lease you don't have enough money to afford the car is laughable. You are the one comparing apples to oranges. Leasing for 3 years vs. buying for 10.

 

[Josh]

Exactly. Again, financially, leasing is a bad move. Buying a car every freakin' 3 years is an AWFUL financial move! And leasing a car every 3 years is not much better. FINANCIALLY, buying a car and keeping it for awhile is the best move. Unless we are talking about writing off expenses, leasing is just someone trying to get more than they can afford. If you want to talk about good financial sense, BUY a pre-owned (fancy term for "used car") where you'd take out a lot of the depreciated cost of a new car, then invest your money. AGAIN, 99% of the people that lease a car are trying to pretend they're something they're not. And again, 99% of the way people are leasing a vehicle is just a bad financial move. The OP would be better off buying a nice new $20K car which should last him for awhile. But no, he wants to look cool in a Jag. We're not talking about good financial sense here. We're talking about what someone WANTS, which normally has very little to do with good financial sense. IMO, someone struggling to LEASE a USED "luxury vehicle" is just a "wannabe."

Who the hell said I was STRUGGLING? Like I said I can afford a lot more, but I want to spend only $300-$400 so I can save the rest of the money for whatever reason but I still want to be able to drive what I THINK is a nice car and if that happens to be what would look like a certain thing to a certain person so be it. I also wear "nice" clothes, "nice" shoes, etc because it makes me feel good and I think it looks good and I think that people who are looking at me also notice this and will pass a certain judgement based on that so therefore I like to give off a good impression and I don't give a fvck if you consider me not confident or self-conscious... EVERYONE cares about their appearance to a certain degree, maybe some more than others just like some of u care about how awesomely great your video card in your computer is. It's all relative...

"We're all self-conscious i'm just the first to admit it"

 

[ElFenix]

Originally posted by: Josh
Who the hell said I was STRUGGLING? Like I said I can afford a lot more, but I want to spend only $300-$400 so I can save the rest of the money for whatever reason but I still want to be able to drive what I THINK is a nice car and if that happens to be what would look like a certain thing to a certain person so be it.

$300 to $400 for how many years?

if you don't want to be spending much (unexpected) money on a nice car you should be looking as used lexii or maybe acura. they'll likely be more reliable than any jag/bmw/merc/audi. also you might look at the early G35s, they've been holding up well.

Originally posted by: AmpedSilence
Honestly, I test drove a 2002 X-Type and a 2002 Taurus SEL on the same day. The taurus had better pick up, a better engine (V6 24 value Duratec), and better internal ergonomics. It was also half the price and gave 20-30% better mileage. If you really want a "luxury" car, get a later model taurus SEL's. They come off the same assembly line as the X-type (in fact, share the chassis). You can have your X-type but without the label and thats how i looked at it.

please never post in a car thread ever again. the taurus and jag x-type do not share the same chassis, and they have almost the same engine (with the jag having the more advanced and more powerful of the two).

 

[opticalmace]

NO.

 

[StageLeft]

Originally posted by: Viper GTS
I would recommend that you get over the idea that you need a luxury vehicle at your age/income.

Find a nice used $5K Corolla or Civic & don't blow your money on a stupid car.

Viper GTS

qft, but we both know you won't listen.

 

[KingGheedora]

Originally posted by: Viper GTS
I would recommend that you get over the idea that you need a luxury vehicle at your age/income.

Find a nice used $5K Corolla or Civic & don't blow your money on a stupid car.

Viper GTS

How old is the OP?

 

[JackBurton]

Originally posted by: vi_edit
I'm sorry. I thought this thread was preaching about financial responsibility. I guess a lot of us would find spending $5000 on a TV (even if you are buying it) irresponsible when a $250..or $500..or hell even $1000 TV would work just fine.

Go back and read it again, because that's not what this thread is about. The thread is about the OP wanting to lease a used luxury car. Someone else brought up leasing was financially a better deal than buying, which I disagree with in 99% of the cases. THAT'S what "part 2" of this thread is about, leasing vs buying.

As for spending the money the way you'd like, hey knock yourself out. It's YOUR money not mine. You can flush it down the toilet for all I care. But don't try and tell me renting (leasing) a car is a better move financially than buying, because like I said, for 99% of the cases (and let me be even more specific) in America, that is simply not the case. In 99% of the cases, it's someone that cannot afford the vehicle they WANT, so they lease it. Let me be specific here. Say you can afford a Honda Accord (~$20K) and payments of ~$500 per month for 3 years. And at the end of 3 years, you own the car out right. But let's say you like to have a new car every 3 years though. So leasing for ~$250 (or possibly less) seems like a good idea. Well I'd agree, leasing may be a good option. HOWEVER, that's not how MOST Americans think. They'll say, "hey, I can afford $500 a month, so instead of getting an Accord, I'll lease a Mercedes for $500." You now just f%%ked up. Because at the end of 3 years, you would have OWNED the Accord, but you now don't own jack squat at the end of 3 years. So you're now pretty much forced into another lease, because you'll be damned if you're seen in an Accord after you've been showing off your sweet Mercedes. And you know damn well you can't afford the pay off at the end of the lease, not to mention the penalties you've most likely incurred over the life of the lease. THAT is the most common scenario for most Americans leasing.

Maybe it's just me, but I like to OWN my stuff. I REFUSE to be a slave to the banks, but again, that's just me. If you like to rent everything in life, knock yourself out. It's your money after all.

And again vi_edit, I can afford to BUY the TV. You can check out Rent-A-Center if you're interested in renting something like that though.

 

[JackBurton]

Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.</end quote></div>

Um, it's not an extreme it's just another depreciating asset. You are misrepresenting your argument to get this generalization that leasing is a poor financial decision. The longer you keep the car, the less cost per year you will incur, comprende? Some people have other wants than yourself, so they may value a new car every few years just as you may value nice clothes, or a TV. The idea that if you lease you don't have enough money to afford the car is laughable. You are the one comparing apples to oranges. Leasing for 3 years vs. buying for 10.

Read my above post as it might clarify things for you...hopefully.

 

[JackBurton]

OP seriously, do what you'd like. But you don't need to hear that from me, you were going to do that anyway. So knock yourself out. Like I said, it's your money, not mine.

 

[iamwiz82]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: vi_edit
I'm sorry. I thought this thread was preaching about financial responsibility. I guess a lot of us would find spending $5000 on a TV (even if you are buying it) irresponsible when a $250..or $500..or hell even $1000 TV would work just fine.</end quote></div>
Go back and read it again, because that's not what this thread is about. The thread is about the OP wanting to lease a used luxury car. Someone else brought up leasing was financially a better deal than buying, which I disagree with in 99% of the cases. THAT'S what "part 2" of this thread is about, leasing vs buying.

As for spending the money the way you'd like, hey knock yourself out. It's YOUR money not mine. You can flush it down the toilet for all I care. But don't try and tell me renting (leasing) a car is a better move financially than buying, because like I said, for 99% of the cases (and let me be even more specific) in America, that is simply not the case. In 99% of the cases, it's someone that cannot afford the vehicle they WANT, so they lease it. Let me be specific here. Say you can afford a Honda Accord (~$20K) and payments of ~$500 per month for 3 years. And at the end of 3 years, you own the car out right. But let's say you like to have a new car every 3 years though. So leasing for ~$250 (or possibly less) seems like a good idea. Well I'd agree, leasing may be a good option. HOWEVER, that's not how MOST Americans think. They'll say, "hey, I can afford $500 a month, so instead of getting an Accord, I'll lease a Mercedes for $500." You now just f%%ked up. Because at the end of 3 years, you would have OWNED the Accord, but you now don't own jack squat at the end of 3 years. So you're now pretty much forced into another lease, because you'll be damned if you're seen in an Accord after you've been showing off your sweet Mercedes. And you know damn well you can't afford the pay off at the end of the lease, not to mention the penalties you've most likely incurred over the life of the lease. THAT is the most common scenario for most Americans leasing.

Maybe it's just me, but I like to OWN my stuff. I REFUSE to be a slave to the banks, but again, that's just me. If you like to rent everything in life, knock yourself out. It's your money after all.

And again vi_edit, I can afford to BUY the TV. You can check out Rent-A-Center if you're interested in renting something like that though.

You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.

 

[JackBurton]

Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.

Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.

 

[jiggahertz]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.</end quote></div>
Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.

He's rounding up from 99%. You don't even understand what you're arguing anymore.

 

[lupi]

Originally posted by: dirtboy
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: dirtboy
<div class="FTQUOTE"><begin quote>Originally posted by: Citrix
if you have to lease any car = you cant afford it.</end quote></div>

Spoken like a true noob who doesn't understand financing.</end quote></div>
For 99% of the people leasing, that IS true.
</end quote></div>

Hardly. You just don't understand leasing or consumer behavior. Don't push your bias on to other people because you think you know what is right for them.

I understand that a large # of people with a lease have taken huge financial hits which is why the number of vehicles being leased now is a small pittance of what it once was.

 

[jiggahertz]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.</end quote></div>

Um, it's not an extreme it's just another depreciating asset. You are misrepresenting your argument to get this generalization that leasing is a poor financial decision. The longer you keep the car, the less cost per year you will incur, comprende? Some people have other wants than yourself, so they may value a new car every few years just as you may value nice clothes, or a TV. The idea that if you lease you don't have enough money to afford the car is laughable. You are the one comparing apples to oranges. Leasing for 3 years vs. buying for 10.</end quote></div>

Read my above post as it might clarify things for you...hopefully.

You are trying to regurgitate what someone has told you to generalize that leasing is the devil (in 99% of cases). You should learn how leasing actually works. The decision to lease or buy comes down to how long you plan on keeping a vehicle. It's not 99% one way or the other contrary to your little mock scenario of someone getting more car than they can afford via a lease.

 

[JackBurton]

Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.</end quote></div>
Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.
</end quote></div>

He's rounding up from 99%.

That's his/hers/YOUR problem. If I meant ALL, I would have said ALL or 100%. WTF would I say 99%? Because I wanted to teach math and let people practice on their rounding skills? I said 99%, because there are people that can make a lease work to their benefit vs buying. HOWEVER, that is FAR from the norm. The norm is what I described above.

You don't even understand what you're arguing anymore.

No, you made assumptions and proceeded to created an argument that wasn't there in the first place. That's YOUR fault not mine. Next time, instead of assuming, try asking to clarify.

 

[jiggahertz]

Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.</end quote></div>
Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.
</end quote></div>

He's rounding up from 99%. </end quote></div>
That's his/hers/YOUR problem. If I meant ALL, I would have said ALL or 100%. WTF would I say 99%? Because I wanted to teach math and let people practice on their rounding skills? I said 99%, because there are people that can make a lease work to their benefit vs buying. HOWEVER, that is FAR from the norm. The norm is what I described above.
<div class="FTQUOTE"><begin quote>You don't even understand what you're arguing anymore.</end quote></div>
No, you made assumptions and proceeded to created an argument that wasn't there in the first place. That's YOUR fault not mine. Next time, instead of assuming, try asking to clarify.

Haha, please provide documentation for the fact that a loan is better than a lease in 99% of the cases. Of course, given your previous post your calculation should be accurate to +/- 1%.

 

[JackBurton]

Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
LOL, cut the crap. You went to the EXTREME to try and defend a poor financial decision (leasing). That's not an apple's to apples' comparison, it's just a weak attempt to try and justify a bad financial move. I take it your leasing your car now, right? It sounds like I hit a nerve.</end quote></div>

Um, it's not an extreme it's just another depreciating asset. You are misrepresenting your argument to get this generalization that leasing is a poor financial decision. The longer you keep the car, the less cost per year you will incur, comprende? Some people have other wants than yourself, so they may value a new car every few years just as you may value nice clothes, or a TV. The idea that if you lease you don't have enough money to afford the car is laughable. You are the one comparing apples to oranges. Leasing for 3 years vs. buying for 10.</end quote></div>

Read my above post as it might clarify things for you...hopefully.</end quote></div>

You are trying to regurgitate what someone has told you to generalize that leasing is the devil (in 99% of cases). You should learn how leasing actually works. The decision to lease or buy comes down to how long you plan on keeping a vehicle. It's not 99% one way or the other contrary to your little mock scenario of someone getting more car than they can afford via a lease.

Jesus Christ, WTF is it so hard to understand what I'm saying? The lease IN ITSELF is not "the devil" it's how 99% of the Americans use it. Again, refer to my example above. I just can't be any clearer.

 

[JackBurton]

Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.</end quote></div>
Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.
</end quote></div>

He's rounding up from 99%. </end quote></div>
That's his/hers/YOUR problem. If I meant ALL, I would have said ALL or 100%. WTF would I say 99%? Because I wanted to teach math and let people practice on their rounding skills? I said 99%, because there are people that can make a lease work to their benefit vs buying. HOWEVER, that is FAR from the norm. The norm is what I described above.
<div class="FTQUOTE"><begin quote>You don't even understand what you're arguing anymore.</end quote></div>
No, you made assumptions and proceeded to created an argument that wasn't there in the first place. That's YOUR fault not mine. Next time, instead of assuming, try asking to clarify.
</end quote></div>

Haha, please provide documentation for the fact that a loan is better than a lease in 99% of the cases. Of course, given your previous post your calculation should be accurate to +/- 1%.

Ok, let me get this straight, you interpreted 99% to equal ALL (100%), then you think my 99% is an exact figure? WTF is wrong with you?

The more I argue with you the more I think about what a wise man once said.

Any more of my time spent arguing here is just simply wasted time. I'm done with this thread. Everyone, have a good time! I'm out!

 

[jiggahertz]

<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: jiggahertz
<div class="FTQUOTE"><begin quote>Originally posted by: JackBurton
<div class="FTQUOTE"><begin quote>Originally posted by: iamwiz82
You said all people who lease are idiots, and now you say how a cheap lease sounds good. My truck stickered at $32,000. I pay $209 with nothing down. It would take almost 10 years of keeping the truck to break even, assuming I just kept leasing. That is also not assuming any real repairs in that time.

While I think leasing a late model X-Type is insane, especially at $350/mo, there are good lease deals to be had.</end quote></div>
Are you smoking crack or are you just on hallucinogenic? Where did I say that? Maybe you should have asked for me to clarify instead of assuming.
</end quote></div>

He's rounding up from 99%. </end quote></div>
That's his/hers/YOUR problem. If I meant ALL, I would have said ALL or 100%. WTF would I say 99%? Because I wanted to teach math and let people practice on their rounding skills? I said 99%, because there are people that can make a lease work to their benefit vs buying. HOWEVER, that is FAR from the norm. The norm is what I described above.
<div class="FTQUOTE"><begin quote>You don't even understand what you're arguing anymore.</end quote></div>
No, you made assumptions and proceeded to created an argument that wasn't there in the first place. That's YOUR fault not mine. Next time, instead of assuming, try asking to clarify.
</end quote></div>

Haha, please provide documentation for the fact that a loan is better than a lease in 99% of the cases. Of course, given your previous post your calculation should be accurate to +/- 1%.</end quote></div>
Ok, let me get this straight, you interpreted 99% to equal ALL (100%), then you think my 99% is an exact figure? WTF is wrong with you?

The more I argue with you the more I think about what a wise man once said.

Any more of my time spent arguing here is just simply wasted time. I'm done with this thread. Everyone, have a good time! I'm out!</end quote></div>

You are the one who put this ludicrous number out there. You claim the figure to be 99%, and it would be absurd to interpret this as ALL. Then obviously, you MUST have something to base your figure on?