Lease or Buy yours cars?

[ConstantColorUpor]

I am in the process of getting a new car. I have never really concerned leasing before. All my friends now lease and Ive been looking into it and with all the the $0, $0 due at lease signing deals it is intriguing me now. And I wouldnt really mind having a new car every couple years, or if I really liked a car buy it would at the end of the lease. What do you do and why?

[ZoomVT]

i always lease. I personally like to drive a new car every 3 or 2 years.
Cars are depreciating assets so i dont see a need to buy them; unless you expect your economic situation to fare for the worse or an increase in expenditures in the next 5 years (like getting married, children, college, buy a house, etc).

1 thing to keep in mind is to really learn how leasing works so you dont get hosed. it is easy for salespeople to maximize their earnings because leasing calculations can be complicated and not as straight forward as buying.

If the Money Factor is low enough, and the residual high, then you will come ahead by leasing. Also, because these rates and numbers are not really public, there is a lot of room to haggle and it is not uncommon to get good numbers if you have knowledge and can leverage that power.

Further, some automakers have plenty of incentives in place that make leasing more attractive, and i am not talking about 0 down 0% offers, but incentives in the form of Security deposits, Balloon payments, re-lease, etc.

i could write a booklet on this stuff so if you have particulars questions, just ask.

[guzzi]

if ur pimpin' u buy...

u only lease beer...