S4 (B8 Platform) Discussion Discussion forum for the B8 Audi S4 produced from 2009-2016

pitfalls of leasing

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Old 01-18-2010, 09:29 AM
  #21  
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Originally Posted by bumpjump
If you can take the money you'd otherwise pay in cash and put it to work (i.e. invest it) it makes sense to lease a depreciating asset.

Or, as they say, if it floats, flies, or f**ks, rent it.
Mmmm. Invest. If it were that simple to invest and make money without promising your clients a return rate between 13 and 20% like Bernard Madoff did, I would say ok. But for a mean term period if one does 8% overall when investing wisely with your head minus tax on gain, I don't think that your a winner with Audi leases anyway and you could lose it all. Invest only if you’re sure on what you’re doing, like owning a McDonald or a Starbuck franchise.

I always buy my cars and I can tell you that depending on the brand, no body is a looser to resale its car after 3 years, if it’s well taken car of and well optioned. After all, you have the option of keeping it longer with what ever mileage with out having to deal with a financial service or a dealer. You decide what to do when you want. That is call liberty. Leasing has to do with budget or handcuff.

That is my 2 cents advice - LIBERTY pay cash. But that depends - of course - on your financial situation.

Last edited by kwikwi; 01-18-2010 at 10:03 AM.
Old 01-18-2010, 12:43 PM
  #22  
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For me, it's pretty simple. If you're not keeping the car for more than 3-4 years, keep it in pretty good shape, and can stay within the mileage limitations, leasing is a no brainer.

If you keep your cars 5 years or longer, don't take great care of them, and drive a ton of miles, then buy it.

I love the flexibility of leasing, and it avoids what I dread most about a new car purchase/lease: trade-in value of your former vehicle. Yes, you can sell it privately if you have the patience and find a willing buyer. But I bet most simply trade them in, and this is the one area a dealer really has you over the barrel.
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