MTG
Caught the Bug
http://www.usatoday.com/story/money/cars/2015/06/01/new-car-loans-term-length/28303991/
84 month loan term. Boom.
84 month loan term. Boom.
Insanity. 7 years of car payments. Freak!
And I will never understand the logic of leasing a vehicle....
Yes. I know what a lease is and "how they work".
Still retarded to even entertain the thought that it makes sense financially.
The fact you made that statement shows you dont know how they work. Anyone who wants to have a new vehicle every few years should lease. They are a few exceptions on vehicles that hold their value like the Wrangler and trucks but not many. More and more manufacturers now are subventing the leasing companies rather than offer rebates too. It's why you see the lease pmts so low.
Let me guess. Your also going to tell me how a credit card is a powerful financial tool. LOL
Let's just agree to disagree.
Let me guess. Your also going to tell me how a credit card is a powerful financial tool. LOL
Let's just agree to disagree.
No. He's right.
Go buy a high end luxury barge like a MB S Class, pretty much any MB AMG rig, BMW 7 series, Audi A8, Jaguar XJ and the smart consumer will lease.
As an example, take the current national offer on a Mercedes Benz S550. MSRP is $99825.
…
You have an extra $650 a month in cash flow every month,
Let me guess. Your also going to tell me how a credit card is a powerful financial tool. LOL
Let's just agree to disagree.
Using "buy a luxury barge" and "smart consumer" in the same sentence is pretty funny. However...
Justifying the acquisition of a $100,000 vehicle with an extra $650/mo in cash flow takes the cake. LOL! :cheesy:
Please keep wowing us with your financial acumen. :yup:
If you can't afford a 100K Benz don't buy one. If you can't afford the maintenance. Don't buy one.
There are no exceptions to the rule. Regardless of luxury vehicle or wanting to own a new vehicle every year. The car lease is for the chumps trying to keep up with the Jonses.