Your Next Vehicle [Archive] - RonFez.net Messageboard

Gvac

01-31-2009, 08:22 PM

My lease is up in 6 months so today I went to a few dealerships to get a few ideas. There's absolutely nothing out there that grabs me right now, and I'm not really sure what I want when the time comes to get another one.

I have a company vehicle that I drive Monday through Friday, so I put very low miles on my car. I've had my current one for 30 months and have 15K miles on it. It's been to northern Vermont and back three times, and to Tennessee, North Carolina and back. I'll probably do a low mileage lease next time around.

Anybody got their eye on anything right now?

Don Stugots

01-31-2009, 08:24 PM

my lease is up in 10 months. I am looking at the prius or the avalon. both are made by toyota and are very comfortable and fun to drive.

BoondockSaint

01-31-2009, 08:28 PM

Sorry, I don't rock that hard.

BoondockSaint

01-31-2009, 08:56 PM

Gvac

01-31-2009, 09:01 PM

Any way, I've had a Wrangler since June 2002 and before that I had a Jeep Cherokee. I will never be without a Wrangler. It is the best vehicle I've ever owned. The Cherokee was ok but had no personality. How many of you can take the doors off your cars?

Man...you have NO idea how much I miss my Wrangler. After lusting for one for over 20 years I finally bought one a year and a half ago and it didn't just live up to my expectations...it far exceeded them. Unfortunately, with the car, the company vehicle, and the Jeep, something had to go.

As fun as the Wrangler is and as much as I love them, I don't know if I could live with it as my only transportation, especially for long trips. They're a blast with the top and doors off and tooling around town, but I wouldn't want to drive a thousand miles in one.

And try as I might, I can't get into the 4 door ones.

But now you've made me miss the Jeep again.

Thanks a lot. :glurps:

BoondockSaint

01-31-2009, 09:01 PM

my lease is up in 10 months. I am looking at the prius or the avalon. both are made by toyota and are very comfortable and fun to drive.

What does your husband drive?

Gvac

01-31-2009, 09:02 PM

What does your husband drive?

HAHAHAHAHAHA!!!!

Don Stugots

01-31-2009, 09:03 PM

What does your husband drive?

haha. i am looking for something small, easy to park and good on gas. i would love a jeep wrangler but for where i live and what little driving i do, it is not worth it.

BoondockSaint

01-31-2009, 09:07 PM

haha. i am looking for something small, easy to park and good on gas.

That sounds like your singles ad.

TheMojoPin

01-31-2009, 09:38 PM

Hopefully something that Vinnie Chase won't be in.

weeniewawa

01-31-2009, 09:50 PM

made cummsies

01-31-2009, 09:58 PM

my lease (2007 dodge 1500) is up in 6 months and I'll be thrilled to be rid of that piece of shit!

next ride will be a '09 Sequoia.....global warming be dammed

BoondockSaint

01-31-2009, 09:59 PM

Hopefully something that Vinnie Chase won't be in.

Can I interest you in a K car

underdog

01-31-2009, 10:17 PM

Porsche Cayman.

I can't afford a 911, so I'm going to go with the next best thing when I start my next lease.

tele7

01-31-2009, 11:27 PM

Porsche Cayman.

I can't afford a 911, so I'm going to go with the next best thing when I start my next lease.

This:?

http://www.allcarwallpapers.com/wallpapers/previews/techart-porsche-cayman-s-7278.jpg

Damn! That's one fine looking motorcar!

A.J.

01-31-2009, 11:38 PM

My lease is up in April. Whatever I get has to be small enough to fit in the shitty parking space I got.

brettmojo

02-01-2009, 05:04 AM

I'm getting a Chevy Malibu when it comes time for the family vehicle.

Chip196

02-01-2009, 05:19 AM

I have a Wrangler now (2007), and I love it. Even long trips are better with the new design and 6th gear. Unfortunately I think I will be trading it in sometime around May-June. I will need a Pick Up truck on the farm so I am thinking about a Ford F-150.

biggestmexi

02-01-2009, 05:42 AM

my lease is up in 10 months. I am looking at the prius or the avalon. both are made by toyota and are very comfortable and fun to drive.

Gunna ask for a gay pride sticker with it?

Neither of those cars are FUN to drive.

How many of you can take the doors off your cars?

I can.
haha. i am looking for something small, easy to park and good on gas. i would love a jeep wrangler but for where i live and what little driving i do, it is not worth it.

VESPA

Porsche Cayman.

I can't afford a 911, so I'm going to go with the next best thing when I start my next lease.

You cant afford the cayman either or else you would not lease.

My lease is up in April. Whatever I get has to be small enough to fit in the shitty parking space I got.

VESPA

I'm getting a Chevy Malibu when it comes time for the family vehicle.

EW. look for something better and nicer.

What with everyone leasing? dont have money?

Farmer Dave

02-01-2009, 05:45 AM

I've never quite understood the lease as a personal car, but that's just me.

If you drive so few miles, why not buy something used? Something with 50-60k miles and a few years old. No daily driver is an investment, but at least when you're done with payments you own something.

lleeder

02-01-2009, 05:51 AM

My mountaineer has been getting "fixed" for the last 4 months. They gave me a loaner to use but maybe I should just get something new.

KatPw

02-01-2009, 05:55 AM

I want a Vespa.

sailor

02-01-2009, 05:57 AM

My lease is up in April. Whatever I get has to be small enough to fit in the shitty parking space I got.

why don't you just use a camel?

biggestmexi

02-01-2009, 06:02 AM

haha. i am looking for something small, easy to park and good on gas. i would love a jeep wrangler but for where i live and what little driving i do, it is not worth it.

Do some research....

Avalon - 197.2in
Prius - 175.3
BMW 328i - 178.2
Audi A4 - 180.6
Corolla - 178.3
Yaris - 150.6
Wrangler - 163.5

Why don't you buy a wrangler? It is smaller than the prius.
The BMW is FUN to drive and smaller that the avalon.

Assuming you will be leasing your payments might be right around the same for a shit ton more of a car. (depending on terms and conditions.)

If you don't drive much why do you care what the gas mileage is?
You should buy used.

http://i96.photobucket.com/albums/l200/biggestmexi/avalonxllease.gif
http://i96.photobucket.com/albums/l200/biggestmexi/bmwlease.gif

weekapaugjz

02-01-2009, 06:14 AM

I'm holding on to my 01 grand cherokee until it dies. When that happens, another grand cherokee.

razorboy

02-01-2009, 06:16 AM

I've been looking for a Citroen 2CV to restore and I've always wanted a BMW Isetta, but for the moment I'm just going to stick with my 4Runner and my Tacoma.

spoon

02-01-2009, 06:19 AM

My next set of wheels is whatever Gvac chooses. I plan on lifting it the day he picks it out.

biggestmexi

02-01-2009, 06:23 AM

I've been looking for a Citroen 2CV to restore and I've always wanted a BMW Isetta, but for the moment I'm just going to stick with my 4Runner and my Tacoma.

You live in canada?

Anyway. Those cars are HUGE!

biggestmexi

02-01-2009, 06:24 AM

My next set of wheels is whatever Gvac chooses. I plan on lifting it the day he picks it out.

cars are rather heavy.

Hopefully you have some equipment.

Tallman388

02-01-2009, 06:40 AM

I'm looking at a 4x4 for winter driving, my stupid Volvo doesn't have enough ground clearance to handle the snow here. Probably a used, er, pre-owned 4Runner or a Grand Cherokee.

biggestmexi

02-01-2009, 06:41 AM

IMSlacker

02-01-2009, 06:48 AM

Man...you have NO idea how much I miss my Wrangler. After lusting for one for over 20 years I finally bought one a year and a half ago and it didn't just live up to my expectations...it far exceeded them. Unfortunately, with the car, the company vehicle, and the Jeep, something had to go.

As fun as the Wrangler is and as much as I love them, I don't know if I could live with it as my only transportation, especially for long trips. They're a blast with the top and doors off and tooling around town, but I wouldn't want to drive a thousand miles in one.

And try as I might, I can't get into the 4 door ones.

But now you've made me miss the Jeep again.

Thanks a lot. :glurps:

You should get a Wrangler for everyday driving and rent something else for long trips.

Gvac

02-01-2009, 07:41 AM

You should get a Wrangler for everyday driving and rent something else for long trips.

Holy shit.

You see things so clearly!

And you wonder why I say you're the greatest asset to this board since I joined.

Bless you, kind sir.

beachbum

02-01-2009, 07:56 AM

I just recently turned in my '05 Expedition and got the wife an '08 Ford Edge.She fucking loves it.It's got the Sync system where Blue tooth,Ipod and everything else hooks up and is voice activated.I think it's ok.It surely is alot better on gas.

Myself?I'm going to stick with the trusty '93 Ford Ranger pick up for now.Yes it is ugly,small,and embarassing to be seen in,but I'm not trying to impress anyone and it's paid for.I am going to upgrade to a Tacoma crew cab sometime this year.I'm just waiting to see if the economy is going to sink or swim.

underdog

02-01-2009, 08:04 AM

You cant afford the cayman either or else you would not lease.

What?

biggestmexi

02-01-2009, 08:05 AM

What?

why dont you just buy the car?

barjockey

02-01-2009, 08:10 AM

http://farm3.static.flickr.com/2245/2217218896_a576c28429.jpg?v=0

instrument

02-01-2009, 08:21 AM

underdog

02-01-2009, 08:23 AM

why dont you just buy the car?

I get bored of stuff very easily. It's cheaper for me to lease something for three years and just move onto another car, rather than trying to sell a car I've beaten the shit out of for three years for any sort of money.

Don Stugots

02-01-2009, 08:27 AM

Why buy a car when you can lease one for cheaper and a shorter period of time and lease a newer model in a few years?

Leasing is a great option if you want to drive a new car every couple of years, which many people do.

Think beyond yourself and your personal needs sometime.

my truck is the first time i have ever leased and I love it. new car every 3 years and get a deal because of brand loyalty. I am looking at small cars as a means of saving money since we will be adding to our family this year. Plus, you never know when the price of gas is going to rise again.

biggestmexi

02-01-2009, 08:28 AM

biggestmexi

02-01-2009, 08:30 AM

I get bored of stuff very easily. It's cheaper for me to lease something for three years and just move onto another car, rather than trying to sell a car I've beaten the shit out of for three years for any sort of money.

so you lease a practical porsche.

so why dont you get a car that you can do things too. aftermarket wise?

Instead of paying someone to use their car. with mileage restrictions.

how many vehicles do you all own?

That you dont have to take back to the dealer when your done with it?

Don Stugots

02-01-2009, 08:33 AM

so you lease a practical porsche.

so why dont you get a car that you can do things too. aftermarket wise?

Instead of paying someone to use their car. with mileage restrictions.

i have never worried about the mileage restrictions. I am now at the 25 month mark of the lease and have 15,100 miles on my truck. I only drive on the weekends since i take the subway to work all week.

Gvac

02-01-2009, 08:33 AM

underdog

02-01-2009, 08:42 AM

so you lease a practical porsche.

so why dont you get a car that you can do things too. aftermarket wise?

Instead of paying someone to use their car. with mileage restrictions.

how many vehicles do you all own?

That you dont have to take back to the dealer when your done with it?

I don't keep cars long enough to own. I can get a much better car leasing than I can buying, and I get a new one every three years.

biggestmexi

02-01-2009, 08:46 AM

If you keep your vehicles 7 or more years, buying is definitely the way to go. I find it IMPOSSIBLE to keep a car that long. I'm a fan of automobiles, and find myself wanting sports cars, sedans, SUVs, pickup trucks, etc. I used to buy them, keep 'em for a year or two, take a beating selling them, and then buy whatever I wanted at the time.

Now I'm going to stick to leasing. It's much more economical to "rent" it for 3 years and turn it back in than to buy it and try to re-sell it.

I own three vehicles. (one is worth shit though but still could bring in some cash((as SCRAP))but fun to drive).

Not to much I have no car payments what so ever. I can also lower the insurance on any of the cars.

I have a 1997 and the car runs like a champ, and i (personally as well as some others) look better than the cars on the road nowadays.

And it really has not cost me the amount of time that i owned it payment free to fix or anything what i am saving from not having a lease of 400 dollars a month.
(that make sense) i will explain farther.

These cars are equity. Little equity but none the less.

Purchase Price:
Lease = $33,595
Purchase = $33,595
Advantage: None. Leasing doesn't change the fact that a vehicle is being purchased. Just like buying a car, the actual price of the car can, and should, be negotiated. For simplicity's sake, our example, Honda Pilot, will sell for retail price. This is not far from real market conditions.

Down Payment:
Lease = $2,000
Purchase = $6,719 (20 percent)
Advantage: Lease. If you can't come up with the down payment, leasing looks pretty good right now. Getting the best interest rate on a new-car loan usually means coming up with 20 percent of the purchase price as a down payment. Of course, many new car buyers have a trade-in to offset this expense, something a repeat lessee would not have. Note that in this example the lease down payment includes the first month's payment.

Monthly Payment:
Lease = $359
Purchase = $825
Advantage: Lease. Leasing looks really good now. Paying for only a fraction of a vehicle has its advantages. Don't forget, this example is based on a 36-month lease versus a 36-month loan. Many shoppers will opt for 48-, or 60-month loans to reduce their payments, though this will increase total costs because of the interest. However, a direct comparison with a longer loan is difficult, as leases greater than 36 months are rarely available.

Total Spent After 36 Months:
Lease = $14,565
Purchase = $36,419
Advantage: Lease. If keeping money in your wallet is your primary goal, so far this lease is working for you. The buyer is out two and half times as much money as the lessee.

Residual Value of Vehicle:
Lease = $0
Purchase = $23,701
Advantage: Purchase. You probably saw this coming. As a lessee, you were merely renting a car. The buyer, though taxed by higher monthly payments, now has some serious equity in the vehicle. This is money that can be used as a down payment on another new vehicle.

Real Cost:
Lease = $14,565
Purchase = $12,718
Advantage: Purchase. Here's the real bottom line. The lease would have saved you a lot of up-front cost, but counting the value of the vehicle, our purchaser is now almost $2,000 ahead.

Don Stugots

02-01-2009, 08:48 AM

i put 3000 down for my truck and to lease the monthly payment is 380. to buy, even with my very good credit the price was 600 something. no thanks.

biggestmexi

02-01-2009, 08:49 AM

I don't keep cars long enough to own. I can get a much better car leasing than I can buying, and I get a new one every three years.

Of course you dont. You lease.

Your just one of those pathetic people that need to be in the all the update cars.

Gvac

02-01-2009, 08:50 AM

biggestmexi

02-01-2009, 08:57 AM

i put 3000 down for my truck and to lease the monthly payment is 380. to buy, even with my very good credit the price was 600 something. no thanks.

what do you have when your done with the lease?

Nothing and your out all that money. that could have been spent for a DP on a real car.

I understand if you dont have the money i guess to actually pay for a car but whats wrong with a good used car?

and for 380 a month you could get a decent vehicle especially with 3g's down.

for that that 15g car at 7.72. which seems higher for 36 months
48mnths @ 7.08 = 18,500

and if you actually looked into the car youd pay for you could get great deals.

not just. "That looks pretty"

Don Stugots

02-01-2009, 09:02 AM

what do you have when your done with the lease?

Nothing and your out all that money. that could have been spent for a DP on a real car.

I understand if you dont have the money i guess to actually pay for a car but whats wrong with a good used car?

and for 380 a month you could get a decent vehicle especially with 3g's down.

for that that 15g car at 7.72. which seems higher for 36 months
48mnths @ 7.08 = 18,500

and if you actually looked into the car youd pay for you could get great deals.

not just. "That looks pretty"

if i didnt lease the truck then i wouldnt have it now. buying it was not an option at that monthy cost.

i have had used cars since i was 16 and have gotten burned every time. this truck is the first brand new car i ever had.

biggestmexi

02-01-2009, 09:04 AM

See, that's what I mean, mexi. You look at cars as transportation and little more. Some of us are fans and enthusiasts. We like the driving experience and it's a hobby of ours. People like us don't want a 12 year old car. We want something new and exciting.

There's little logic to a hobby or passion, so trying to make dollars and sense of it is futile. If your hobby was fishing, for example, I could sit here and tell you that all the money you spent on rods, reels, lures, transportation to and from the lake, etc. is way more expensive than going to the supermarket and buying it.

It's not the same thing.

You dont see cars like i do. Far from it. Im a car enthusiast. your right i drive a 12 year old car. And it is faster than any car youll lease.

trading in a car every three years would mean you are from from enthusiastic about cars.

And if you buy a car and leave it the way it is is a hobby then you can consider everyone that buys a car a fanatic.

I drive for leisure and pleasure. I also tend to race when i get one. What do you do?

Drive to work and the market? thats not a hobby grandma

Gvac

02-01-2009, 09:05 AM

You dont see cars like i do. Far from it. Im a car enthusiast. your right i drive a 12 year old car. And it is faster than any car youll lease.

trading in a car every three years would mean you are from from enthusiastic about cars.

And if you buy a car and leave it the way it is is a hobby then you can consider everyone that buys a car a fanatic.

I drive for leisure and pleasure. I also tend to race when i get one. What do you do?

Drive to work and the market? thats not a hobby grandma

Alright.

I didn't realize you were making this a joke thread.

Sorry!

Sinestro

02-01-2009, 09:05 AM

Dont forget with leasing your continuing paying.

With buying, once you pay up the car, no more payments. And that money could go elsewhere.

oldladyfacepuncher

02-01-2009, 09:07 AM

I don't keep cars long enough to own. I can get a much better car leasing than I can buying, and I get a new one every three years.

I don't get it either. Why would you put yourself into permanent debt? The insurance has to be insane too. I imagine they require full coverage. Clark Howard would punch you in the teeth.

biggestmexi

02-01-2009, 09:08 AM

if i didnt lease the truck then i wouldnt have it now. buying it was not an option at that monthy cost.

i have had used cars since i was 16 and have gotten burned every time. this truck is the first brand new car i ever had.

I understand having something new. I would like to as well. Right now i cannot afford it. But when I can I will buy it.

Then I will have 4(if i havent junked that jimmy)(how could to say that i think of cars as just transportation? have you seen the jimmy thread?)

I had used car since i was that young as well. I havent had a problem. The first one broke because i was young and never maintained it properly like i do to my cars now.

The second was totaled by a deer.

The third is still with me. And hasn't cost me much more then what a few monthly payments(excluding tires)

Alright.

I didn't realize you were making this a joke thread.

Sorry!

Im not joking. You must be if you consider leasing a car a hobby.

biggestmexi

02-01-2009, 09:09 AM

Dont forget with leasing your continuing paying.

With buying, once you pay up the car, no more payments. And that money could go elsewhere.

like a car payment! :tongue:

ToiletCrusher

02-01-2009, 09:14 AM

I have an 07 Mazda 6 and love it to death.

biggestmexi

02-01-2009, 09:16 AM

I have an 07 Mazda 6 and love it to death.

those do look like decent cars.

hows the driving position?

ToiletCrusher

02-01-2009, 09:18 AM

those do look like decent cars.

hows the driving position?

the only real complaint i have which is a stretch is that there is a bit of oversteering. But that's the case with front wheel drive. Otherwise it is really responsive and the steering wheel is very sensitive.

Heather 8

02-01-2009, 09:20 AM

I never, ever thought I'd ever say these words, but...

...I want a mini-van.

boobieman

02-01-2009, 09:20 AM

According to my wife, she read that Obama is going to pass something where if you buy a new car, for less then 46,000 and take a loan out to get the car, you would be able to write off the interest on the load. I am not sure of all the info or if it is going to happen and if so when, but it might be worth waiting and see if it does.

I bought a Hyundai Elantra last year(08). Not a chick magnet, but neither am I. It runs good and it is great on gas. I use it everyday for work, a lot of city driving and I only put like $20 every 8 to 10 days. No major problems.

Here is a web site I use to find information on the car, but I guess you could look up other cars as well. They post complaints as well as factory recalls.
http://www.mycarstats.com/
The complaints that people posted about my car, never ran into, and hope it stays that way.
Had one recall but it was taken care of pretty easily.

Just passing some info.

SEEYAYYAYAAAAAAAAAAAAAAAAAASEEEAAAA

Gvac

02-01-2009, 09:21 AM

the only real complaint i have which is a stretch is that there is a bit of oversteering. But that's the case with front wheel drive. Otherwise it is really responsive and the steering wheel is very sensitive.

The newer ones are longer and wider. I want to check them out to see if they've maintained the typical Mazda sporty feel, or if they drive like a Camry now.

That would be a shame.

ToiletCrusher

02-01-2009, 09:24 AM

The newer ones are longer and wider. I want to check them out to see if they've maintained the typical Mazda sporty feel, or if they drive like a Camry now.

That would be a shame.

From what the Mazda dealership that calls me incessantly asking if I want to trade mine in says, is that they kept the driving feel of the old 6 and even enhanced it to feel like driving the RX-8 but as a sedan.

I guess they hate people who pay their car off too soon and don't want anything else.

sailor

02-01-2009, 09:28 AM

I have an 07 Mazda 6 and love it to death.

i feel the same about my 06 3.

midwestjeff

02-01-2009, 09:33 AM

I bought an '03 Mazda MX-5 (Miata) in November. Fucking love it.

I'll never drive a Chevy again, which was my preference prior to this one.

Fuck America.

underdog

02-01-2009, 09:33 AM

Of course you dont. You lease.

Your just one of those pathetic people that need to be in the all the update cars.

Wow. Way to get personal. Pathetic?

I like new stuff. It has nothing to do with you and your shitty old cars. Get over it.

what do you have when your done with the lease?

Another new car.

And it's "you're".

Nothing and your out all that money. that could have been spent for a DP on a real car.

"you're"

And a leased car isn't a "real" car? I'm only getting fake cars by leasing?

I understand if you dont have the money i guess to actually pay for a car but whats wrong with a good used car?

It's what commoners drive. I am not a commoner. I'm a fancy man and I need a fancy car.

and for 380 a month you could get a decent vehicle especially with 3g's down.

For 400 a month with no money down, I was able to lease a brand new, fully loaded vehicle.

And when I eventually bore with it, I'll just get another vehicle that I love, and not be stuck with some rust bucket.

Also, how about money you have to spend on repairs? I didn't see that factored into your replies anywhere. Other than normal maintenance, there's no repairs.

ToiletCrusher

02-01-2009, 09:34 AM

i feel the same about my 06 3.

I really like Mazda. I think I will stick with them for a while.

Don Stugots

02-01-2009, 09:34 AM

I never, ever thought I'd ever say these words, but...

...I want a mini-van.

you might be off the MILF list.

biggestmexi

02-01-2009, 09:38 AM

the only real complaint i have which is a stretch is that there is a bit of oversteering. But that's the case with front wheel drive. Otherwise it is really responsive and the steering wheel is very sensitive.

TRUE DAT. just be lucky you dont have horrible torque steer.

I never, ever thought I'd ever say these words, but...

...I want a mini-van.

they are not all that bad. The Honda Odessy's look nice.
http://img133.imageshack.us/img133/8118/odpalmuu0.jpg
http://i15.tinypic.com/5y88ikz.jpg
http://i219.photobucket.com/albums/cc208/briangtpro/eclipseshoot230.jpg
http://epi.smugmug.com/photos/228563312-L.jpg

According to my wife, she read that Obama is going to pass something where if you buy a new car, for less then 46,000 and take a loan out to get the car, you would be able to write off the interest on the load. I am not sure of all the info or if it is going to happen and if so when, but it might be worth waiting and see if it does.

SEEYAYYAYAAAAAAAAAAAAAAAAAASEEEAAAA

that would be a nice get.

From what the Mazda dealership that calls me incessantly asking if I want to trade mine in says, is that they kept the driving feel of the old 6 and even enhanced it to feel like driving the RX-8 but as a sedan.

I guess they hate people who pay their car off too soon and don't want anything else.

impossible tell them.

you cannot compare a FWD to a RWD especially with it being a rotary and its high revs.

Gvac

02-01-2009, 09:44 AM

I never, ever thought I'd ever say these words, but...

...I want a mini-van.

Since this is turning into a Mazda appreciation thread, check out the Mazda5. It's like a mini-minivan; a lot more fuel efficient than traditional minivans, and still has 3 rows of seats.

biggestmexi

02-01-2009, 09:46 AM

I like new stuff. It has nothing to do with you and your shitty old cars. Get over it.
What do you drive?

Someone elses new car.

And it's "you're".

dont care this aint a grammar board.

And a leased car isn't a "real" car? I'm only getting fake cars by leasing?
Well its not your car, and never will be.

It's what commoners drive. I am not a commoner. I'm a fancy man and I need a fancy car.
your worse a leaser that owns nothing
For 400 a month with no money down, I was able to lease a brand new, fully loaded vehicle.

I could only imagine

And when I eventually bore with it, I'll just get another vehicle that I love, and not be stuck with some rust bucket.

cars rust in three years? lol you no nothing about cars other than "looks good". You dont love your cars.

Also, how about money you have to spend on repairs? I didn't see that factored into your replies anywhere. Other than normal maintenance, there's no repairs.

I had one that figured it in. Ill find it again.

For the months that you spend on a lease i could repair my car to brand new.
So whats your point there?

An enthusiast is someone that takes the time to alter the vehicle in some way to make it their own, if the vehicle is left stock they just have other higher priorities like maybe family or their job.

biggestmexi

02-01-2009, 09:51 AM

Edmunds.com

Compare the Costs: Buying vs. Leasing vs. Buying a Used Car
By Philip Reed, Senior Consumer Advice Editor
Email

People say you shouldn't discuss religion or politics. But there is another touchy subject that leads to heated debates: Should you lease or buy a car? A closely related question is this: Should you lease or buy a new or used car?

There are two ways to answer this sticky lease versus buy question: financially and emotionally. Some people look at the numbers and take the cheaper option. Other people are willing to pay more for something that better suits their lifestyle. When it comes right down to it, some people feel that driving a new car is important, and they're willing to shoulder the extra expense to do so.

Clearly, owning and operating a vehicle can be expensive. But there are ways to save money — lots of money. In fact, when you look at the average household budget, the biggest opportunity for savings is found in auto-related costs rather than food, clothing or utility bills. For example, everyone knows the monthly payments are higher to buy or lease a new car. But many people overlook the fact that new cars also mean higher insurance and DMV fees. Over time these extra expenses add up.

There are arguments to be made for buying a car outright, taking out a loan or leasing. If you want more information on the pros and cons of leasing versus buying, see our 10 Steps to Leasing a New Car. For the pros and cons of buying new versus used vehicles see 10 Steps to Buying a Used Car.

In this article, we are going to focus on the economics of the three different scenarios. To get information for specific makes and models of cars, use Edmunds.com's True Cost to Own which projects buying and related costs over a five year period. We'll look at start-up costs for the initial purchase (or lease) and how the costs change over the subsequent five years.

Later in this article, we'll look at what you have left after five years of leasing or buying. What you'll see is that the full economic picture isn't revealed until you look at a five-year span of car-related expenses. This timeframe was chosen because the five-year mark is when people typically change cars.

The Three Common Car Ownership Experiences

The three scenarios we'll be looking at in this article are as follows:

* A new car purchase
* A leased car
* A used car purchase

In some cases we needed to estimate and project figures to complete the comparison. Sales tax and DMV fees were based on Southern California rates, where Edmunds.com is located. Expenses for people living in other sections of the country will probably be lower.

New Car Purchase

Owning a new car has traditionally been the preferred choice of the American public. However, the cost of new cars has risen faster than the earning power of most people. As the cost of new cars has risen, the length of loans has increased. Cars were once financed for two or three years, meaning that when the car was fairly new it was completely paid off. Now, however, new car loans are stretched as long as five or six years (60 and 72 months) to keep the monthly payments lower. In our example, we've chosen a three-year loan so we can more easily compare it to a three-year lease contract. Furthermore, the best interest rates are offered on shorter loans; a six-year loan would probably carry a higher interest rate.

For the purposes of these examples, we assumed that the owner would drive 12,000 miles a year. Here is how the expenses stacked up for the first year of ownership of a $20,000 new car.

New Car Ownership — First Year ( 3-year loan @ 6%)

Down Payment
$3,000
Monthly payment
$608 per month

$7,296
Insurance
$1,140
Maintenance & repairs
$100
DMV Fees
(included in monthly payments for first year)
$300
TOTAL
$11,536

In the above example, the buyer made a down payment of $3,000 to reduce the monthly payments. This required a large lump sum of money to drive away in the car. Clearly, during the first year of ownership, the costs were very high.

What happens over the five years the owner drives this car? For three years, the payments are high. However, there isn't the big hit of the $3,000 down payment each year. Then, once the loan is paid off, the car is still fairly new and expenses are lower. By the end of the five years, here's how the totals look:

New Car Ownership — Five Year Total ( 3 year loan @ 6%)

Down Payment
$3,000
Monthly payment
$608 per month

$21,888
Insurance
$5,700
Maintenance & repairs
$1,100
DMV Fees ($300 included in monthly payments for first year)
$1,000
TOTAL
$32,388

As you can see, quite a lot of money went toward interest — $18,900 was financed (sales tax and DMV fees were $1,900) and yet the total amount of the 36 car payments was $21,888. This means a total of $2,988 was spent on interest. A significant amount of money was spent on insurance. Yearly DMV fees started high but leveled off over time and only added up to $1,000 for the five years.

When viewing car expenses, it's important to consider them in light of how long you usually keep a vehicle. In the above example, the car belonged to the owner after three years. If he wants to continue driving the car, he can do so, and without a monthly payment (assuming it is still in good operating condition). His only expenses will be for insurance, gas, maintenance and repairs, and DMV fees.

Vehicle Leasing Expenses

As the cost of new vehicles has risen, the popularity of leasing has also increased. Leasing presents several advantages that can be appreciated now that we've looked at the ownership scenario. Here are the main economic benefits to leasing:

* Low — or no — down payment
* Lower monthly payments
* Lower sales tax (tax is only paid on the amount of the car's value used — over three years this is half the amount of the car's total value)

The three points listed above are beneficial because it means you can get a car without a big shock to your budget. You pay little money out of pocket, and you make smaller monthly payments. Keep these points in mind as you look at the numbers. Again, we chose a $20,000 vehicle and examined the cost of a three-year lease, assuming it would be driven 12,000 miles a year.

New Car Lease — First Year ( 3 year lease @ 6%)

Down Payment
$1,000
Monthly payment $350 per month
$4,200
Insurance
$1,380
Maintenance & repairs
$100
DMV Fees
(included in monthly payments for first year)
$300
TOTAL
$6,680

You will quickly notice that the out-of-pocket expenses of leasing a car, $6,680, is less than the $11,536 spent on a new car during the first year, despite the fact that insurance on a lease car is usually higher. In the second year of leasing the costs drop, but not dramatically (the reduction is due to the absence of the $1,000 drive-off fees and lower DMV fees). However, in our five-year scenario, a second three-year lease must be initiated. This would require paying drive-off fees again, which would be at least $1,000. Also, since it is three years later, the lease payment will probably be higher, too. So, for the remaining 24 months of the five-year cycle, we have increased the monthly payments to $385. Additionally, when the second lease begins, the DMV fees rise for the first year.

New Car Lease — Five Year Total (Two 3-year leases @ 6%)

Down Payment
$2,000
Monthly payment $350 /month for 36 months
$21,840
$385 /month for 24 months
Insurance
$6,900
Maintenance & repairs
$800
DMV Fees
(included in monthly payments for first year)
$1,230
TOTAL
$32,140

Looking at the figures above, you'll see that maintenance costs are only $800. This is because, in the first three years of a car's life, we're assuming that only a brake job and oil changes are required (everything else is covered by the warranty). Even tires usually don't wear out on a car that is leased for three years.

Used Car Ownership

After the shock of seeing the cost of new car ownership and the expense of leasing, it's time for some good news. In this example, we assumed that a person bought a used car for $10,000 by making a $2,000 down payment and paying off the balance over three years at an 8 percent interest rate (used car loans are financed at higher rates).

Used Car Ownership — First Year (3-year loan @ 8%)

Down Payment
$2,000
Monthly payment $285 per month
$3,420
Insurance
$850
Maintenance & repairs
$300
DMV Fees
(included in monthly payments for first year)
$200
TOTAL
$6,570

As you can see, the first year expenses are not exceptionally low. But at the end of three years the picture improves — the car is paid off and expenses remain almost level. We increased the maintenance and repairs cost for each ensuing year. However, the cost of insurance can be lower than when buying or leasing a new car, particularly if you opt to waive theft and collision coverage and go with just liability (once the loan is paid off).

The real savings of owning a used car comes from all the years of potential service it provides after it's paid off up until "the wheels fall off." Over five years the totals look like this:

Used Car Ownership — Five Year Total (3-year loan @ 8%)

Down Payment
$2,000
Monthly payment $285 per month
$10,260
Insurance (rates drop after first three years)
$3,430
Maintenance & repairs
$2,700
DMV Fees ($200 included in monthly payments for first year)
$650
TOTAL
$18,390

Comparing Ownership Scenarios

So far, the used car scenario looks best at $18,390 for five years. Leasing comes in second with a five-year total of $32,140. New car buying appears to be the most expensive at $32,388. However, the two people who bought their cars now own them and can benefit from the value in the cars. They will benefit either by continuing to drive the cars and getting practical value from their purchase, or they might decide to sell their cars.

We've estimated that the person who bought a new car will have a car worth $7,000 after five years. The person who bought a used car for $10,000 will have a car worth $2,000. The person who is leasing has no equity, and in another year, will have no car. If the value of the cars are figured back into the new and used-car buying formula, a different result is revealed.

New Car Ownership

Used Car Ownership

Lease Car

Adjusted Total

Adjusted Total

Adjusted Total
Cash out-of-pocket
$32,388

$18,390

$32,140

Value of the car now owned
$7,000

$2,000

$0

Adjusted cash out-of-pocket
$25,388

$16,390

$32,140

Conclusions

Now we see that leasing becomes the most expensive way to drive — in the long run. Here's how leasing compares to the two ownership scenarios:

Leasing vs. Buying New — Using the figures presented in this article, it is $6,752 more to lease a new car over a five-year period, than it is to buy the same car outright. This breaks down to $1,350 more per year to lease rather than to buy a new car.

Leasing vs. Buying Used — It is $15,750 more to lease a new car over a five-year period than it is to buy and operate a used car for the same amount of time. This is an additional yearly cost of $3,150.

Buying Used vs. Buying New — Not surprisingly, it costs a lot less to buy and drive a used car over a five-year period than a new car. In this example, it is $8,998 less for five years or $1,799 less per year.

The figures we've presented here indicate that buying a car — whether it is new or used — is more economical than leasing a car. However, some people might point out that, while driving a used car costs less, the pleasure of driving an older car is lower, too. To be fair, you can't put a dollar value on the fun of driving a new car. As we said before, the benefits of new/leased/used vehicles can be argued many different ways. The purpose of this article was to look at the numbers involved in typical examples and let the figures speak for themselves.

ToiletCrusher

02-01-2009, 09:55 AM

impossible tell them.

you cannot compare a FWD to a RWD especially with it being a rotary and its high revs.

Yeah, but apparently the suspension on the 6 is an adaptation of the rx8 and this was the case with the earlier models like mine as well. Either way, I think they were talking to the "drivability".

biggestmexi

02-01-2009, 09:55 AM

Initially, it seems that leasing is a more affordable way to go. Especially if you become a seasoned lessee, who can avoid the extra fees and penalties, such as for extra mileage. But you must also take into account what happens after this five-year window. Very few people drive a car for only five years; if that were the norm, then leasing would be the way to go. So let's look at the 10-year life span of a car, using the same scenario that Edmunds provided.

When you lease, you begin again every three years: You make a down payment if necessary, you pay high insurance rates, low maintenance costs and you get the hassle-free experience of simply turning in your old car and picking up the keys for your new one. But leasing a car doesn't build equity like owning a car does.

After 10 years of owning a car, your insurance will decrease, your maintenance costs will increase, and you will have finished off the largest financial burden -- the monthly payment -- years ago. With a lease, you continue to make monthly and down payments, though the rest of the costs remain about the same. But when you add up all of the money you've spent over the last 10 years, you see a clear advantage of purchasing a car over leasing cars.

After adjusting for maintenance and other operational costs, you would have spent around $43,000 for that new $20,000 car you purchased 10 years ago. It's a staggering amount, but on the other hand, consider how much you would have spent leasing cars for the same 10-year period: Assuming there are no extra fees or penalties, you would have coughed up more than $64,000. Plus, you would have built no equity.

After 10 years, the new car you purchased will have depreciated a great amount. But it should still be worth a portion of its original value. For example, in 1998, a Toyota Camry LE went for about $21,000 [source: South Carolina Administrative Law Court]. In 2007, that same car in excellent condition was worth $4,075 as a trade-in [source: Kelley Blue Book]. You can use that trade-in amount as a down payment that will defray the cost of the next car's total cost and lower the monthly payments. So, after 10 years, the trade-in value of the car subtracted from the cost of owning the car for the past 10 years could bring the car's total cost down to less than $30,000. (http://auto.howstuffworks.com/buy-or-lease.htm/printable)

Buying New or Used or Leasing — The 10-year picture

In the following example, we show you what it costs to buy and own a new or used car or to lease a car for 10 years. In these examples, we assumed that the car was worth $20,000 when new and was financed at a 6 percent interest rate. Also, in each case, a down payment of $1,000 was made. These figures are estimates to give you a comparative feeling for these different car financing scenarios.

If You Buy Your Car: Purchase your car with the help of an auto loan, and you will make higher payments for the first five years, but then you will own it. Over 10 years, this averages $191 a month or a total cost of $22,920, not including insurance, maintenance and the like.

If You Lease Your Car: Purchase your car with the help of an auto loan, and you will lease more than three times, each time making an initial payment of $1,000 and monthly payments of $323. For 10 years, this is a total of $41,760.

If You Buy a Used Car: If — with the help of an auto loan — you buy a four-year-old used car for $8,000, put down $1,000, and pay it off in three years, your average monthly ownership cost will be $63 for a total of $8,632 for a 10-year period. Of course, a used car might require more maintenance, but if you allow an additional $5,000 for repairs, your total is still less than $14,000.

Clearly, car leasing is the most expensive way to go. But those people in favor of leasing will point out that, over that 10-year period, they drove three different new cars while the people in the other two scenarios drove the same car. Furthermore, those driving the older cars probably made at least one major repair as the vehicle aged. (http://www.edmunds.com/advice/finance/articles/47279/article.html)

Deciding whether to lease a vehicle is a matter of mathematics, mildly tempered by emotion. Simply put, over a period of several years you're paying for the use of the vehicle, not for the vehicle itself. (http://www.automedia.com/Car_Lease_-_Does_it_make_sense/dsm20040801lt/2)

Federal Reserve (http://www.federalreserve.gov/pubs/leasing/#difference)

Consumer reports (http://www.consumerreports.org/cro/cars/car-buying-advice/guide-to-new-car-buying/financing/buying-vs.-leasing-basics-2-07/0702_buying-vs-leasing-basics_ov.htm)

underdog

02-01-2009, 09:59 AM

Edmunds.com

I'm trying to figure out why someone leasing a car is such a bother to you. It makes no sense.

I lease because I want a new car every three years. I don't want to drive a 5 or 10 year old car. If I wanted a car for 10 years, I'd buy one.

underdog

02-01-2009, 10:00 AM

biggestmexi

02-01-2009, 10:03 AM

But you'd be stuck in the same car for 10 years.

If you leased, you'd be on your 4th brand new car.

not when you take that money you saved for modifications.

Ones that make the car better than things you could lease.:happy:

Then again your not an enthusiast. Your just a driver. You wouldn't now how to work on a car.

Gvac

02-01-2009, 10:05 AM

midwestjeff

02-01-2009, 10:07 AM

not when you take that money you saved for modifications.

Ones that make the car better than things you could lease.:happy:

Like this?

http://images.drive.com.au/drive_images/Editorial/2008/08/14/dashJesus_m_m.jpg

ichi_gami

02-01-2009, 10:09 AM

I'm getting a Chevy Malibu when it comes time for the family vehicle.

Just got one (LT2) about a month ago. Couldn't be happier with a $20k car.

underdog

02-01-2009, 10:09 AM

not when you take that money you saved for modifications.

Ones that make the car better than things you could lease.:happy:

Then again your not an enthusiast. Your just a driver. You wouldn't now how to work on a car.

Where would I work on my car? I live in a city.

I used to work on my cars when I was younger and lived at my parents house. I enjoyed it. I still sometimes work on stereo systems.

I'd just rather have an actual brand new car every 3 years than to add a new exhaust and try to pretend I'm in a new car.

What do you drive, anyway?

biggestmexi

02-01-2009, 10:13 AM

2009 Honda Accord Sedan LX with Automatic = $22, 375.00

Lease = $2,599 down, $209 a month for 36 months.

Total cash output = $10,123.00

Let's say you purchase the vehicle outright. You bargain the price down to $19,599.00. You put the same down payment - $2,599.00 You're now borrowing $17,000 over 3 years. What percentage rate do you want to get? 3.9% Your monthly payment would be $501.15.

Total cash output = $20, 640.40

If you just took the money you saved monthly and put it in a drawer collecting no interest, you'd have $10,517.00 at the end of the 3 years.

If you purchased it, you'd have to sell it for that much to get your money back.

Do you think you're going to get over 10 grand for a 3 year old used car that you only paid 19 grand for?

EASILY ESPECIALLY a honda. As they hold their value very well.

You have to remember you are paying for depreciation when you are leasing.

The dealer doesn't want to lose money. So they are thinking over the three years the car will depreciate as much or less than what your paying for the lease.

Do you not think about that?

You think a dealer will loose money? you driving it is like the driver dealing it. when they get it back do you think they can sell the car for 10k? of course they can. or else they would make you pay more. Why do you think low mileage plans are cheaper.

Less miles = less depreciation = better chance for more $$$ when they resell it.

Like this?

http://images.drive.com.au/drive_images/Editorial/2008/08/14/dashJesus_m_m.jpg

I was actually think Budday jesus

biggestmexi

02-01-2009, 10:15 AM

What do you drive, anyway?

How can you feel like a man if you cant even change your own oil?

Search for my jimmy thread.

and

http://i96.photobucket.com/albums/l200/biggestmexi/car%20w%20new%20wheels/carrearHDR1.jpg

midwestjeff

02-01-2009, 10:17 AM

How can you feel like a man if you cant even change your own oil?

Um, yeah, might not want to follow up such a statement with a picture of your pink house.

underdog

02-01-2009, 10:18 AM

How can you feel like a man if you cant even change your own oil?

I feel like a man because I can throw money at peons like you to change it for me.

And I can also change my own oil.

http://i96.photobucket.com/albums/l200/biggestmexi/car%20w%20new%20wheels/carrearHDR1.jpg

Nice pink house, you real man. Do you not know how to operate a lawn mower?

Also, I'm stuck in the year 2000, so your car is awesome.

biggestmexi

02-01-2009, 10:19 AM

I feel like a man because I can throw money at peons like you to change it for me.

And I can also change my own oil.

Nice pink house, you real man.

Also, I'm stuck in the year 2000, so your car is awesome.

you are pretty much stuck in the 2000's

Thats my neighbors garage. so smooth.

what do you drive?

2000?

Gvac

02-01-2009, 10:22 AM

Hmmm....parked on the grass, fancy rims, and although it's hard to tell with the lighting those look like low-pro tires too.

You really are a Mexi!

lleeder

02-01-2009, 10:23 AM

you are pretty much stuck in the 2000's

Thats my neighbors garage. so smooth.

what do you drive?

2000?

You have a nice driveway.

biggestmexi

02-01-2009, 10:24 AM

Hmmm....parked on the grass, fancy rims, and although it's hard to tell with the lighting those look like low-pro tires too.

You really are a Mexi!
the biggest

Those are not fancy rims. they are 5 spokes like what ever vehicle anyone drives. they are just black.

they are low pro's i hate them with all my might. The ride is just horrid. this summer i will be getting bigger tires for those wheels. do you now what low-pro is? and why it is?

not to mention mexicans usually go for small spoked wheels (stereo-typically)

You have a nice driveway.

I actually do. Three cars wide and a length of one car. My garage is pointing towards the alley. 2+ car.

congrats on the big ass vet underdog

Gvac

02-01-2009, 10:27 AM

Those are not fancy rims. they are 5 spokes like what ever vehicle anyone drives. they are just black.

they are low pro's i hate them with all my might. The ride is just horrid. this summer i will be getting bigger tires for those wheels. do you now what low-pro is? and why it is?

No, no clue.

I've been selling auto body parts and supplies for 16 years (including rims) and I don't know anything about cars!

HELP ME!!!

biggestmexi

02-01-2009, 10:29 AM

No, no clue.

I've been selling auto body parts and supplies for 16 years (including rims) and I don't know anything about cars!

HELP ME!!!

where do you work.

i could use a roof for my jimmy.

just because you sell parts does NOT mean you know a thing about cars sorry.

you know how to sell parts.

What the maximum tire width for a 7.5 inch rim?

Have a local autozone?

FYI i call them wheels. im not gangsta. :tongue:

also for everycar related post here i never see you in one?

seriously though. do you get a discount?

underdog

02-01-2009, 10:29 AM

they are low pro's i hate them with all my might. The ride is just horrid. this summer i will be getting bigger tires for those wheels. do you now what low-pro is? and why it is?

Are you asking what low profile means?

congrats on the big ass vet underdog

I can't believe this is the thread that made me the big ass vet. I see why you're arguing with me now, you don't want me to catch up.

I drive a '08 Honda Accord Coupe (V6).

biggestmexi

02-01-2009, 10:32 AM

Are you asking what low profile means?

I can't believe this is the thread that made me the big ass vet. I see why you're arguing with me now, you don't want me to catch up.

I drive a '08 Honda Accord Coupe (V6).

decent car. Im not ignorant. I know a decent car when i see one.

not exactly a enthusiast choice. But good on gas and a family.

Also, Gvac. If you know so much about cars why are you asking about them.

I figured with 16 years of data compiling you should know what cars are good and which arent

lleeder

02-01-2009, 10:45 AM

Also, Gvac. If you know so much about cars why are you asking about them.

I figured with 16 years of data compiling you should know what cars are good and which arent

He knows about parts. When they're all put together he gets confused.

Gvac

02-01-2009, 10:49 AM

Gvac. If you know so much about cars why are you asking about them.

I figured with 16 years of data compiling you should know what cars are good and which arent

He knows about parts. When they're all put together he gets confused.

HAHAHAHAHAHA!!!

Fucking lleeder. So far that's my laugh of the day.

The reason I'm asking is to get some ideas, mexi. Usually I get a bug up my ass as to which vehicle I just HAVE to get next. I just don't have that feeling right now.

Like I said, I've owned just about every type of vehicle, from coupes to sedans to pickups to SUVs and right now I'm kind of blah on everything out there.

biggestmexi

02-01-2009, 11:29 AM

HAHAHAHAHAHA!!!

Fucking lleeder. So far that's my laugh of the day.

The reason I'm asking is to get some ideas, mexi. Usually I get a bug up my ass as to which vehicle I just HAVE to get next. I just don't have that feeling right now.

Like I said, I've owned just about every type of vehicle, from coupes to sedans to pickups to SUVs and right now I'm kind of blah on everything out there.

well then in that case.
the car that im looking at next will be an audi a4 but hopefully a RS4 (both quattro's of course)

beachbum

02-01-2009, 11:31 AM

I bought an '03 Mazda MX-5 (Miata) in November. Fucking love it.

I'll never drive a Chevy again, which was my preference prior to this one.

Fuck America.

I hope it's an automatic.it would be a real bitch to push that clutch in your skirt and heels.

travisfromkansas

02-01-2009, 11:58 AM

"People get sold automobile leases because they are told that it’s what sophisticated people do. But as it turns out, the car companies make more money on leasing you the car than if you bought the car with cash, according to the National Auto Dealers Association." -Dave Ramsey (http://www.daveramsey.com/etc/askdave/index.cfm?event=dspAskDave&intContentItemId=10367)

I won't be leasing a vehicle or purchasing a new one any time soon because it's just financially retarded. The NADA and Consumer Reports agree that leasing a car is the most expensive way to own a vehicle, and if you look at the depreciation of a new car you can see it's just not worth it to buy new. All you're getting is the feel good feeling of having a new shiny toy. Buy something 2 years old and let someone else take the ass kicking on the value.

You will never find a bigger car nut than me, but I realize that my long term financial well being is much more important than what anybody thinks of what I drive. Do the math, I purchased my current daily driver 10 years ago, with interest I paid $21k, today it's worth $3k. On the other hand my 63 Ford...paid $4500 for it, it's worth $7000 now and looks better than anything being put out today. I drive my buddy's newer Mercedes (while he'd lost his license) and even it doesn't get the looks that the 63 Ford does, so even leasing or buying a new car for what other people think is kinda dumb. (although along those lines I have to get rid of the cragars that a previous owner put on it....blech)

In 10 months I'll be completely out of debt, and I'll be saving up the $1k a month I am paying on my debt to buy myself something nice and newer to replace my daily driver with cash. According to the book "The Millionaire Mind (http://books.google.com/books?id=XcQqZ_5aiEkC&pg=PA3&lpg=PA3&dq=millionaire+mind+lease&source=bl&ots=vH5SwGkL0M&sig=bjjsZPUAp1MKJzyA6Ci_kop3slA&hl=en&sa=X&oi=book_result&resnum=1&ct=result#PPT1,M1)" by Thomas Stanley, the average millionaire (88%) makes their money themselves and come from meager beginnings, they get there by being financially smart and most of them do not lease or buy new cars along their way. They also on average do not wear expensive clothes, buy expensive houses or other status items, at least not until they reach a wealthy status.

If you want to lease, go for it, buy a new car, go for it. Just don't do it because you have any illusion of it being the financial smart thing to do. It's emotionally pleasing to have a new shiny toy, and nobody wants a new ride today more than me, but I'm sacrificing the shiny toy warm fuzzy feelings so that I can win long term financially. Just to give you an idea of what I mean, an average income family ($48k/year) can be multimillionaires if they are financially smart, and personally I should be in the neighborhood of $5M at retirement even if I never make more money than the $50k I make now. I’m not trying to brag or impress because I just don’t care what people think (and come on 50k is not impressive), just trying to show the numbers that are possible by even an average income earner.

If anyone lives near KS and wants to lease or buy some new hot rod bad boy ride, I'll be more than happy to ride shotgun and I'll tell you how bad ass the beast is.

Gvac

02-01-2009, 12:02 PM

Jughead

02-01-2009, 12:10 PM

travisfromkansas

02-01-2009, 12:11 PM

Many, many years ago J. Paul Getty wrote a very famous book - "How To Be Rich."

The one piece of advice he said was more important than anything else was this - "rent that which depreciates, buy what appreciates."

That remains true for any item that is just an outright rental. Let's face it, if the car company didn't make more money by offering leases over selling then they wouldn't have the option to lease available to you, its the gotchas that are in the lease agreements that make them different than a true rental agreement.

In recent months some companies have stopped leasing programs because the depreciation of their cars has made it no longer be in their favor. This may or may not last, but over the long haul the lease is still not the way to go for financial reasons.

Gvac

02-01-2009, 12:13 PM

That remains true for any item that is just an outright rental. Let's face it, if the car company didn't make more money by offering leases over selling then they wouldn't have the option to lease available to you, its the gotchas that are in the lease agreements that make them different than a true rental agreement.

In case you didn't notice, the US companies (Ford, GM, and Chrysler) have stopped leasing because they say they can't make money that way.

travisfromkansas

02-01-2009, 12:19 PM

In case you didn't notice, the US companies (Ford, GM, and Chrysler) have stopped leasing because they say they can't make money that way.

Yes many people have turned in their leases and loaned on vehicles and declared bankruptcy, in addition to the amount of people selling their vehicles to cut their outgoing payments each month have driven down the prices on cars so much that they are not making the money they used to on leasing.

I added that last paragraph to my previous post afterwards because I was so anxious to sound smart that I hit submit before completing my thought. I'm just an eager boy.

Jughead

02-01-2009, 12:20 PM

In case you didn't notice, the US companies (Ford, GM, and Chrysler) have stopped leasing because they say they can't make money that way.

Wish they still were It was a great buyers choice that was taken away..I have some customers that were perfect lease customers... They are not very happy with the new payments and like you said taking the deprecation ....Some people should never lease....Some it was a great way to keep in warranty and only pay for the part of the vehicle they used...:wink:

led37zep

02-01-2009, 12:21 PM

Wish they still were It was a great buyers choice that was taken away..I have some customers that were perfect lease customers... They are not very happy with the new payments and like you said taking the deprecation ....Some people should never lease....Some it was a great way to keep in warranty and only pay for the part of the vehicle they used...:wink:

They've stopped leasing? What the hell?!?!

Juggy...say it ain't so brotha!

travisfromkansas

02-01-2009, 12:29 PM

GVAC, have you looked at the new Pontiac G8 GT? As far as domestics go, its got a decent look and that 360hp RWD is a wonderful thing. I prefer the feel of RWD if the car is a weekend goofoff car, and I don't even mind the fact that its a 4 door. For my money I'd probably go with a 4 or 5 year old Mercedes c240 Kompressor, you can get one now for around $18k. Upkeep on them is a bit more :(.

underdog

02-01-2009, 01:26 PM

decent car. Im not ignorant. I know a decent car when i see one.

not exactly a enthusiast choice. But good on gas and a family.

I needed something affordable because I was just starting a new job and had no idea if it would last. I also test drove a couple of Audis, but they were out of my pricerange at the time. I drove a Mini Cooper S and loved the shit out of it, but couldn't have one for 4 months at the time. I needed a car right away. So I went with something sporty, interesting looking, and affordable. I'm happy with my choice.

My last car was a Infiniti FX45. I loved that thing, but after the lease was up, it was definitely time to get rid of it. I destroyed that car.

And I have no family, other than the wife. That's why I got the coupe. Don't need the back seat.

sailor

02-01-2009, 01:30 PM

could you quit throwing out "car enthusiast" like it makes you somehow better than everyone else? we get it, you like cars and like to do shit to them.

biggestmexi

02-01-2009, 06:26 PM

I needed something affordable because I was just starting a new job and had no idea if it would last. I also test drove a couple of Audis, but they were out of my pricerange at the time. I drove a Mini Cooper S and loved the shit out of it, but couldn't have one for 4 months at the time. I needed a car right away. So I went with something sporty, interesting looking, and affordable. I'm happy with my choice.

My last car was a Infiniti FX45. I loved that thing, but after the lease was up, it was definitely time to get rid of it. I destroyed that car.

And I have no family, other than the wife. That's why I got the coupe. Don't need the back seat.

You consider an accord sporty. That all i needed to hear.

could you quit throwing out "car enthusiast" like it makes you somehow better than everyone else? we get it, you like cars and like to do shit to them.

Thank you for your brilliant input.

As for leasing, your just paying the depreciation of that car. Then in the end your left with nothing.

Also. I dont lease never have or will. But when your lease is up or around there how do you get a new car from a different manufacturer? Do you have to go lease that car before the other is up or do you do it all on the same day and walk form the dealership that you gave the car back?

FYI the getty book was published by playboy.

underdog

02-01-2009, 06:29 PM

You consider an accord sporty. That all i needed to hear.

I said sporty, stupid. Not sports car.

It's a V6 coupe version of a family car. That's the definition of "sporty".

I don't even know why I'm bothering to argue with the wealth of knowledge that is you. You have a shitty, used American car with dark rims parked on grass next to your pink house. You obviously know everything there is to know about cars.

underdog

02-01-2009, 06:32 PM

Also. I dont lease never have or will. But when your lease is up or around there how do you get a new car from a different manufacturer? Do you have to go lease that car before the other is up or do you do it all on the same day and walk form the dealership that you gave the car back?

I would assume most people would just start the lease a couple days before the other one ends.

I just didn't have a car for a few days before I started this lease.

joethebartender

02-01-2009, 09:01 PM

http://www.americanwheelchairs.com/Jazzy1121HBGreen_lg.jpg

RoseBlood

02-01-2009, 09:16 PM

:laugh:@joethebartender

If money were no object I'd like the same car my boss currently owns. It's some BMW convertible that looks like this only in blue:

http://www.leasetrader.com/photos/actual101714/640x480/BMW-Z4-3.0i-Roadster.jpeg

I don't know much about the innerworkings of cars, but I love driving them. If I were rich I'd turn into Jay Leno and have a warehouse full of cars. I'd drive a different one everyday and enjoy the look and feel of each one. I'd be too cars what Wilt Chamberlain was too women.

beachbum

02-02-2009, 03:41 AM

In case you didn't notice, the US companies (Ford, GM, and Chrysler) have stopped leasing because they say they can't make money that way.

That isn't exactly yrue.They do make money on leasing cars.The problem is after the lease period they get the cars back and then they have to sell them at auction.The auctions are currently flooded due to the fact that used cars aren't really selling either.My company has done alot of secondary work over the past year just moving blocks of used cars from an auction in one state to an auction somewhere else.

It is a very good time to buy a used car.Just be careful and don't pay blue book for one,pay less for sure.I have seen some '07-'08 Tacoma pick ups lately that they were pricing higher than what I can get a new one for.

biggestmexi

02-02-2009, 03:45 AM

It's a V6 coupe version of a family car. That's the definition of "sporty".

.

Maybe with a power adder. Or in a lame sales marketing gimmick.

And 8,10,12 would be considered sporty.

Or if it actually had a sport suspension, or tires, or anything for the matter of fact other than a V6. A Lincoln LS is not consider Sporty. It luxury. A 4 door but none the less as fast as the Accord.

There are four door cars that are more sporty than coupes as well. So the Doors have nothing to do with it either.

biggestmexi

02-02-2009, 03:47 AM

That isn't exactly yrue.They do make money on leasing cars.The problem is after the lease period they get the cars back and then they have to sell them at auction.The auctions are currently flooded due to the fact that used cars aren't really selling either.My company has done alot of secondary work over the past year just moving blocks of used cars from an auction in one state to an auction somewhere else.

It is a very good time to buy a used car.Just be careful and don't pay blue book for one,pay less for sure.I have seen some '07-'08 Tacoma pick ups lately that they were pricing higher than what I can get a new one for.

Transfer me an Audi RS4, Black, to my driveway state please.

beachbum

02-02-2009, 06:26 AM

http://i306.photobucket.com/albums/nn250/edisaacs/2008_Audi_R8_header1.jpg
2009 Audi R8

Why not go all the way?

joethebartender

02-02-2009, 06:35 AM

2009 Audi R8

Why not go all the way?

Love that car!
last 2 cars have been Audis...2 VW's before those.
(I'm in the black one with jersey plates.)

http://www.audiworld.com/news/07/ne-trek/header.jpg

beachbum

02-02-2009, 06:36 AM

I don't think you can beat German engineering.(except for the Mercedes SUV,don't buy one of those)

biggestmexi

02-02-2009, 06:43 AM

http://i306.photobucket.com/albums/nn250/edisaacs/2008_Audi_R8_header1.jpg
2009 Audi R8

Why not go all the way?

Which one? 8, 10, or 12.

And i like the Four seated-ness of the RS-4

~Katja~

02-02-2009, 06:45 AM

I don't think you can beat German engineering.(except for the Mercedes SUV,don't buy one of those)

I sure can beat it... with a baseball bat, right across the engine!
Fuck fake German engineering made in mexico!

I hate my VW.

beachbum

02-02-2009, 06:48 AM

Oh,I meant REAL German engineering.

biggestmexi

02-02-2009, 06:59 AM

I sure can beat it... with a baseball bat, right across the engine!
Fuck fake German engineering made in mexico!

I hate my VW.

HAAAY!

biggestmexi

02-02-2009, 06:59 AM

I sure can beat it... with a baseball bat, right across the engine!
Fuck fake German engineering made in mexico!

I hate my VW.

what do you drive?

you said jetta right?

which engine?

joethebartender

02-02-2009, 07:38 AM

I sure can beat it... with a baseball bat, right across the engine!
Fuck fake German engineering made in mexico!

I hate my VW.

I agree with you there. My wife leased a jetta (Brazilian made) and they forgot to install the seat belt recepticle on the passenger side! It has to come from Gemany.

If the VIN# doesn't start with the Wolfsburg "W" don't buy it.

Digit #1 stands for the Manufacturing Country
*W - Germany (Europe)
*1 - USA
*3 - Mexico
*9 - Brazil

Digit #2 is the Manufacture
*A - Audi
*B - VW of Brazil
*V - Volkswagen

Digit #3 is the Vehicle Type
*1 - Pickup / truck
*2 - MPV (Multi Purpose Vehicle)
*U - Passenger Car (Audi)
*W - Passenger Car (VW)

~Katja~

02-02-2009, 08:23 AM

what do you drive?

you said jetta right?

which engine?

yes, a jetta. the standard engine w/ manual tranmission

~Katja~

02-02-2009, 08:26 AM

I agree with you there. My wife leased a jetta (Brazilian made) and they forgot to install the seat belt recepticle on the passenger side! It has to come from Gemany.

If the VIN# doesn't start with the Wolfsburg "W" don't buy it.

I did not know it at the time and the dealer sticker had Wolfsburg written on it.

Honestly I bought it thinking I could buy and afford a reliable car (which is the reputation these "Bora" have in Germany)
The car was way cheaper than it would have been in Germany where this size car is considered a pretty decent size car (well until recently where people started buying mini suv's)

biggestmexi

02-02-2009, 08:26 AM

yes, a jetta. the standard engine w/ manual tranmission

They have variuos engine choice.

Although i heard the Diesel ones are excellent.

not to mention 50+ mpg.

vjr97

02-02-2009, 09:01 AM

id like to take the time to speak up for a very underated car maker: subaru.i love the usa as much as any1 .keep in mind that all the car, gas,repairs,parts,etc will be bought in the usa.minimal no none tran/engine problems(w/ proper maintenace) for well over 200,000 miles.ive two diffrent subaru's over the years

biggestmexi

02-02-2009, 09:15 AM

they are rated just fine.

kdubya

02-02-2009, 09:25 AM

tanless1

02-03-2009, 02:34 AM

I will need a Pick Up truck on the farm so I am thinking about a Ford F-150.

youll want a f-250 or better.... id be willing to bet.... and the 350's do ride smooth. better to have more capacity than not enough. look around and you can find a repo 1 ton for under 20k

sailor

02-03-2009, 03:31 AM

Thank you for your brilliant input.

what, seeing you were being a douche and calling you on it? you're welcome..

biggestmexi

02-03-2009, 03:34 AM

what, seeing you were being a douche and calling you on it? you're welcome..

Well if it was to all why did you just quote me?

:happy:

Gvac

04-18-2009, 09:57 PM

Four months left on my lease...time to start looking.

I think I want a convertible.

jauble

04-18-2009, 10:09 PM

Four months left on my lease...time to start looking.

I think I want a convertible.

Great idea buddy, I always knew you would some day end up with one.

http://bedzine.com/blog/wp-content/uploads/2007/10/carbed.jpg

Gvac

04-18-2009, 10:11 PM

Great idea buddy, I always knew you would some day end up with one.

http://bedzine.com/blog/wp-content/uploads/2007/10/carbed.jpg

Hmmm....

jauble

04-18-2009, 10:14 PM

You wouldnt believe how many pictures I had to look through on www.jerseyrich.com to find that. His child bed selection was creepy at best.

Gvac

04-18-2009, 10:20 PM

There's very little about Rich that isn't creepy.

tele7

04-18-2009, 10:32 PM

Have you thought about the Scion tc? It's not a convertible, but with a vista roof it comes pretty close. It's also under 20k.

http://www.egmcartech.com/wp-content/uploads/2007/06/2008_scion_tc_official.jpg

http://image.motortrend.com/f/8319497/112_0408_First_Drive_2005_Scion_TC_07z+2005_Scion_ TC+Roof_View.jpg

Holes

04-19-2009, 05:45 AM

Picking up the new Honda Pilot this week.

underdog

04-19-2009, 06:32 AM

Have you thought about the Scion tc? It's not a convertible, but with a vista roof it comes pretty close. It's also under 20k.

Gvac is a fancy man and needs a fancy car.

razorboy

04-19-2009, 07:18 AM

Well I sold the 4Runner. For the moment it's just the PreRunner, although I'm very close to ordering a 2010 Honda Insight.

denko

04-19-2009, 07:20 AM

Four months left on my lease...time to start looking.

I think I want a convertible.

in these trying economic times one must keep the pimp hand strong...

http://eurotechniks.info/main/images/autos/brian.jpg

disneyspy

04-19-2009, 07:21 AM

with the new $5000 credit youre not usin your brain if you dont buy an american vehicle,i guess i figgered .netters were smarter than normal people

razorboy

04-19-2009, 07:25 AM

with the new $5000 credit youre not usin your brain if you dont buy an american vehicle,i guess i figgered .netters were smarter than normal people

I kind of prefer my vehicles to be reliable.

zildjian361

04-19-2009, 07:33 AM

when i do get my license back,which isn't to far away i gotta have a Cadillac STS,should get a good price on a used one by then, savin up now.:lol:

underdog

04-19-2009, 07:35 AM

with the new $5000 credit youre not usin your brain if you dont buy an american vehicle,i guess i figgered .netters were smarter than normal people

And then you can use that $5000 you save to pay for repairs in a year.

Also, I think Gvac will probably lease a car. And I cannot find anything about the $5000 credit, other than McCain saying he wanted to do it.

denko

04-19-2009, 07:41 AM

with the new $5000 credit youre not usin your brain if you dont buy an american vehicle,i guess i figgered .netters were smarter than normal people

white people are so scared of black people

SatCam

04-19-2009, 07:42 AM

with the new $5000 credit youre not usin your brain if you dont buy an american vehicle,i guess i figgered .netters were smarter than normal people

there is no $5000 credit what the hell are you talking about?

disneyspy

04-19-2009, 07:45 AM

there is no $5000 credit what the hell are you talking about?

it'll be on next years tax return,like the new homebuyers credit was on this years,attack me uninformed ones,i'll destroy you with reality and positivity,time to start usin your noogins

underdog

04-19-2009, 07:56 AM

razorboy

04-19-2009, 07:58 AM

it'll be on next years tax return,like the new homebuyers credit was on this years,attack me uninformed ones,i'll destroy you with reality and positivity,time to start usin your noogins

<a href="http://media.photobucket.com/image/smiley scratch head/sholesshs/Smileys/scratch-1.gif" target="_blank"><img src="http://i228.photobucket.com/albums/ee12/sholesshs/Smileys/scratch-1.gif" border="0"></a>

SatCam

04-19-2009, 08:04 AM

it'll be on next years tax return,like the new homebuyers credit was on this years,attack me uninformed ones,i'll destroy you with reality and positivity,time to start usin your noogins

I bought a new car this year. I know what the tax benefits are.

There is a tax deduction (not credit) you can take based on the sales tax you pay on your new (any country) car purchase this year after February 17.

If you make $40,000 this year, you buy a car that had $1,000 in sales tax, your tax liability would be reduced by $150. That's right, you'd save a big $150 on your federal income tax.

maybe you should start usin your noogin?

boosterp

04-19-2009, 08:20 AM

I bought a new car this year. I know what the tax benefits are.

There is a tax deduction (not credit) you can take based on the sales tax you pay on your new (any country) car purchase this year after February 17.

If you make $40,000 this year, you buy a car that had $1,000 in sales tax, your tax liability would be reduced by $150. That's right, you'd save a big $150 on your federal income tax.

maybe you should start usin your noogin?

But part of this whole stimulus thing that was approved did have a "credit" written in if you buy things like a house or car.

I need to go google to be 100% certain, but I just read something to that effect.

A.J.

04-19-2009, 08:36 AM

Last week I got a 2009 Honda Civic EX (in black though).

http://static.howstuffworks.com/gif/vehicle-pictures/2009/honda/civic/5827-037-driver-side-door-open-480.jpg

SatCam

04-19-2009, 08:38 AM

disneyspy

04-19-2009, 08:49 AM

Just because you live in reality, don't make me out to be a bad guy.

i wish that was his mod quote

sorry satcam but the credit hasn't been finalized yet(it will be in the next week),if you bought an american car that gets better gas mileage than the one you turned in you'll get a 5000 dollar credit,maybe i've heard more about it cuz i live in michigan(i'm so tired of hearin anything auto related news)but i know the whole state is waitin to buy a new american car,well those of us that are workin. for the record i'm thinkin about a new ford escape hybrid,solid vehicle,great mileage,31 grand. the 1500 federal tax credit is dependant on your income and sales tax,the stimulus credit isnt,you'll see soon

sr71blackbird

04-19-2009, 08:57 AM

There are a few people where I work that have the Smart car and after seeing the crash tests on youtube, I might just want to get one.

zildjian361

04-19-2009, 09:06 AM

in these trying economic times one must keep the pimp hand strong...

http://eurotechniks.info/main/images/autos/brian.jpg

I agree finally a funny commercial:laugh:

SatCam

04-19-2009, 11:22 AM

i wish that was his mod quote

sorry satcam but the credit hasn't been finalized yet(it will be in the next week),if you bought an american car that gets better gas mileage than the one you turned in you'll get a 5000 dollar credit,maybe i've heard more about it cuz i live in michigan(i'm so tired of hearin anything auto related news)but i know the whole state is waitin to buy a new american car,well those of us that are workin. for the record i'm thinkin about a new ford escape hybrid,solid vehicle,great mileage,31 grand. the 1500 federal tax credit is dependant on your income and sales tax,the stimulus credit isnt,you'll see soon

The only reason I deny it (besides it sounding way too good to be true) is because I cannot find ANY news articles about this on google. Are you sure this isnt some sort of trade-in deal your local Ford dealer is running commercials about?

Snoogans

04-19-2009, 11:24 AM

http://farm1.static.flickr.com/224/496478912_53a20b26b9.jpg?v=0

Gvac

04-19-2009, 11:34 AM

i wish that was his mod quote

sorry satcam but the credit hasn't been finalized yet(it will be in the next week),if you bought an american car that gets better gas mileage than the one you turned in you'll get a 5000 dollar credit,maybe i've heard more about it cuz i live in michigan(i'm so tired of hearin anything auto related news)but i know the whole state is waitin to buy a new american car,well those of us that are workin. for the record i'm thinkin about a new ford escape hybrid,solid vehicle,great mileage,31 grand. the 1500 federal tax credit is dependant on your income and sales tax,the stimulus credit isnt,you'll see soon

I had heard that got voted down, disney.

The sales tax credit was part of the stimulus package, and anyone who earns less than 250K a year and purchases a new vehicle that lists for less than 50K can deduct the sales tax from next year's taxes, but the $5,000 deduction for buying a more fuel-efficient American car didn't get put through. At least that's the last I heard.

I'll check into it, though, and that would strongly sway me to consider buying American if it comes to fruition.

SatCam

04-19-2009, 11:40 AM

I had heard that got voted down, disney.

The sales tax credit was part of the stimulus package, and anyone who earns less than 250K a year and purchases a new vehicle that lists for less than 50K can deduct the sales tax from next year's taxes, but the $5,000 deduction for buying a more fuel-efficient American car didn't get put through. At least that's the last I heard.

I'll check into it, though, and that would strongly sway me to consider buying American if it comes to fruition.

arent you leasing anyway?:smoke:

Hottub

04-19-2009, 11:46 AM

Something from this century.:down:

Gvac

04-19-2009, 11:47 AM

arent you leasing anyway?:smoke:

I'm not sure yet. If it's more advantageous to buy I might consider it.

underdog

04-19-2009, 12:23 PM

I'm not sure yet. If it's more advantageous to buy I might consider it.

I think the amount of money you'd save buying wouldn't be worth the amount of anger you'd cause Biggestmexi if you leased.

biggestmexi

04-19-2009, 03:14 PM

Last week I got a 2009 Honda Civic EX (in black though).

http://static.howstuffworks.com/gif/vehicle-pictures/2009/honda/civic/5827-037-driver-side-door-open-480.jpg

that's the same car I bought in Feb............... in black too!!!!!!!!!

'mo's!

I think the amount of money you'd save buying wouldn't be worth the amount of anger you'd cause Biggestmexi if you leased.

:wub:

furie

04-19-2009, 03:16 PM

i've been thinking about getting a Charger next

biggestmexi

04-19-2009, 03:19 PM

i've been thinking about getting a Charger next

srt-8 or not at all.

razorboy

04-19-2009, 03:20 PM

i've been thinking about getting a Charger next

Do you plan on keeping a mechanic on retainer?

disneyspy

04-19-2009, 03:24 PM

furie

04-19-2009, 03:26 PM

Do you plan on keeping a mechanic on retainer?

we have them at work and have had no problems. and we beat the shit out of them

disneyspy

04-19-2009, 03:28 PM

we have them at work and have had no problems. and we beat the shit out of them

do you ride around with a lot of toilet paper to clean up the mess?

razorboy

04-19-2009, 03:30 PM

we have them at work and have had no problems. and we beat the shit out of them

You shouldn't be so mean to your mechanics.

furie

04-19-2009, 03:41 PM

You shouldn't be so mean to your mechanics.

we don't have mechanics.

so why don't you tell us wha's wrong with the new chargers?

Tenbatsuzen

04-19-2009, 04:13 PM

i wish that was his mod quote

sorry satcam but the credit hasn't been finalized yet(it will be in the next week),if you bought an american car that gets better gas mileage than the one you turned in you'll get a 5000 dollar credit,maybe i've heard more about it cuz i live in michigan(i'm so tired of hearin anything auto related news)but i know the whole state is waitin to buy a new american car,well those of us that are workin. for the record i'm thinkin about a new ford escape hybrid,solid vehicle,great mileage,31 grand. the 1500 federal tax credit is dependant on your income and sales tax,the stimulus credit isnt,you'll see soon

DS, part of my job is knowing about tax legislation and I've read nothing about this. And it's something I'd be very interested in. Can you link to more information about it? $5000 tax credit is nearly 1/5 the car I want to buy.

Tenbatsuzen

04-19-2009, 04:17 PM

Scoff if you want, I'm looking at this:

http://www.max71.com/wpress/wp-content/uploads/2009/02/2009-ford-edge.jpg

underdog

04-19-2009, 04:19 PM

Scoff if you want, I'm looking at this:

http://www.max71.com/wpress/wp-content/uploads/2009/02/2009-ford-edge.jpg

I had a minivan once, too.

disneyspy

04-19-2009, 04:21 PM

DS, part of my job is knowing about tax legislation and I've read nothing about this. And it's something I'd be very interested in. Can you link to more information about it? $5000 tax credit is nearly 1/5 the car I want to buy.

i didnt find the 5000 but i found this 10000 ford deal

http://usnews.rankingsandreviews.com/cars-trucks/daily-news/090129-Obama-s-Stimulus-Bill-Includes-10-000-Tax-Credit-for-Plug-In-Hybrids/

Gvac

04-19-2009, 04:21 PM

DS, part of my job is knowing about tax legislation and I've read nothing about this. And it's something I'd be very interested in. Can you link to more information about it? $5000 tax credit is nearly 1/5 the car I want to buy.

It was a bill proposed by a representative in Ohio. Her name escapes me at the moment. The last I heard it didn't pass.

Apparently it was inspired by a similar bill which recently passed in Germany. After it, they were the only country in Europe who experienced an upswing in new vehicle sales.

The caveat would be that it has to be an American built vehicle and get better gas mileage than your current vehicle. It was also a tiered plan, and 5K was the maximum credit you could receive, as if you went from an 8 cylinder pickup to a Toyota Prius.

disneyspy

04-19-2009, 04:31 PM

It was a bill proposed by a representative in Ohio. Her name escapes me at the moment. The last I heard it didn't pass.

Apparently it was inspired by a similar bill which recently passed in Germany. After it, they were the only country in Europe who experienced an upswing in new vehicle sales.

The caveat would be that it has to be an American built vehicle and get better gas mileage than your current vehicle. It was also a tiered plan, and 5K was the maximum credit you could receive, as if you went from an 8 cylinder pickup to a Toyota Prius.

thats what i was thinkin of but i remember hearin it had to be an american car to get the 5K

SatCam

04-19-2009, 04:31 PM

i didnt find the 5000 but i found this 10000 ford deal

http://usnews.rankingsandreviews.com/cars-trucks/daily-news/090129-Obama-s-Stimulus-Bill-Includes-10-000-Tax-Credit-for-Plug-In-Hybrids/

You do realize that article is from January? It wasnt in the final bill in February, although according to the article there is already an existing bill to give tax credits to plug-in hybrid owners. Even then, plug-in hybrids will still be prohibitively expensive (the Volt will be $32k after gov credits)

Tenbatsuzen

04-19-2009, 04:32 PM

Apparently it was inspired by a similar bill which recently passed in Germany. .

must not make joke

Tenbatsuzen

04-19-2009, 04:34 PM

In case you're interested, here's a breakdown of the Stimulus law (what was passed) - otherwise known as ARRA, the American Reinvestment and Recovery Act of 2009.

Also, it's in every day language, which is a good thing.

http://waysandmeans.house.gov/media/pdf/111/arra.pdf

biggestmexi

04-19-2009, 04:35 PM

Scoff if you want, I'm looking at this:

http://www.max71.com/wpress/wp-content/uploads/2009/02/2009-ford-edge.jpg

ill laugh.

~Katja~

04-19-2009, 04:38 PM

It was a bill proposed by a representative in Ohio. Her name escapes me at the moment. The last I heard it didn't pass.

Apparently it was inspired by a similar bill which recently passed in Germany. After it, they were the only country in Europe who experienced an upswing in new vehicle sales.
.

My dad was telling me about this and said that his mechanic complained that many people scheduled for major repairs jumped the gun and bought a new car instead, leaving them with little to no work... having to lay off mechanics...

Tenbatsuzen

04-19-2009, 04:42 PM

ill laugh.

Sorry. I'm 6'4, we're planning a family, and I'm sick of driving things I can't drive into NYC with.

underdog

04-19-2009, 04:44 PM

My dad was telling me about this and said that his mechanic complained that many people scheduled for major repairs jumped the gun and bought a new car instead, leaving them with little to no work... having to lay off mechanics...

Your dad is a german "mechanic"?

underdog

04-19-2009, 04:45 PM

Sorry. I'm 6'4, we're planning a family, and I'm sick of driving things I can't drive into NYC with.

If you want to drive into NYC, you should buy a cab.

drusilla

04-19-2009, 04:45 PM

Scoff if you want, I'm looking at this:

http://www.max71.com/wpress/wp-content/uploads/2009/02/2009-ford-edge.jpg

we were looking at the edge too. i got a new mazda3 back in september, but dino's in serious need of a car soon. so we were thinking about an edge. we definitely want a crossover or a an suv & i think it's pretty good looking. especially in red or white.

http://www.autospectator.com/cars/files/images/2009-Mazda3-4DR_44.jpg

meep meep

~Katja~

04-19-2009, 04:48 PM

Your dad is a german "mechanic"?

No. His mechanic complained to him. After modern cars made their way into East Germany, nobody could fix their car on their own anymore...
He won't sell his car though cause he had it transformed into a natural gas car to save a lot on gas prices... and since the prices there are three times as high as here he is not going to spend that same money on a new car that needs to be changed again.

underdog

04-19-2009, 04:52 PM

No. His mechanic complained to him. After modern cars made their way into East Germany, nobody could fix their car on their own anymore...
He won't sell his car though cause he had it transformed into a natural gas car to save a lot on gas prices... and since the prices there are three times as high as here he is not going to spend that same money on a new car that needs to be changed again.

I was really just trying to make a nazi joke. It was funny to me but I'm drunk.

~Katja~

04-19-2009, 04:56 PM

I was really just trying to make a nazi joke. It was funny to me but I'm drunk.

I am too tired to sense nazi jokes tonight... and if anything he was a communist anyway...

If I was not out of work in a few weeks I would have looked into buying a Rogue
http://farm3.static.flickr.com/2228/1767672743_cf74763a0f.jpg

drusilla

04-19-2009, 05:02 PM

biggestmexi

04-19-2009, 05:04 PM

Sorry. I'm 6'4, we're planning a family, and I'm sick of driving things I can't drive into NYC with.

yeah and.

im 6'2", and have a kid, and can drive anywhere....

so im missing your point

~Katja~

04-19-2009, 05:05 PM

we test drove the rogue & really liked it, but decided on the mazda3 for gas mileage. but the rogue was our #2 choice. it was a tough decision.

ps the comfort level when you switch from cloth to leather seats in the rogue is redonkulous

ever since I started looking into the Rogue I also started noticing the mazda on the road and meant to look into t...
but for no I just repaired my car one more time and will wait it out until I get a new job.

Gvac

04-25-2009, 10:19 AM

Well, I'm off to car shop. I think I'll test drive some convertibles, whether I intend to buy them or not.

It's a beautiful day.

~Katja~

04-25-2009, 11:56 AM

Well, I'm off to car shop. I think I'll test drive some convertibles, whether I intend to buy them or not.

It's a beautiful day.

throw your laundry in the back and stop at the laundromat... the convertible will help ya pick up young broads

Gvac

05-20-2009, 07:58 PM

I'm strongly leaning toward an Acura TSX.

http://cache.jalopnik.com/assets/resources/2008/02/2009_Acura_TSX.jpg

biggirl

05-20-2009, 08:12 PM

I would like to drive a car again, but the minivan fits our lifestyle better. Our next vehicle is going to be a bigger truck that will hold the kids, the dogs, and us. Well, it will be a vehicle for Ryan. I am stuck with the minivan.

A.J.

05-20-2009, 10:13 PM

I'm strongly leaning toward an Acura TSX.

http://cache.jalopnik.com/assets/resources/2008/02/2009_Acura_TSX.jpg

I thought about getting one but I hate 4-doors.

A.J.

09-13-2009, 10:16 AM

GregoryJoseph

09-13-2009, 12:13 PM

Yep, that was back in April. And last night I got rear ended by an SUV.

Good times.

Yikes. How bad was it, and more importantly are you OK?

A.J.

09-13-2009, 12:17 PM

Yikes. How bad was it, and more importantly are you OK?

I'm fine -- just pissed off more than anything else.

The right rear bumper is crushed and the trunk is buckled a bit. I go to the dealer tomorrow to see what the repair timeframe and cost will be. The chick that hit me's insurance will cover it.

Hottub

09-13-2009, 01:00 PM

Demand a nice rental on her dime.

ToiletCrusher

09-13-2009, 01:02 PM

I might trade in my 07' Mazda 6 for a '10 Mazda 6.

Not decided yet but I can get a nice deal.