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Prices Paid: Buying & Leasing Experiences
Infiniti G35 G37 Prices Paid and Buying Experience
6353 messages, Last post on Aug 21, 2008 at 12:32 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: superman2424 (Aug 29, 2007 5:21 pm) How does leasing affect your credit score? With leasing it just seems to me that your paying more for the car. You're making your monthly payments then at the end if you want to buy it you still have to pay more money? I just don't get it. Please forgive me yall as I've said I've been without a car payment for 2 years and I bought my car in '01.
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Replying to: ohiogirl (Aug 29, 2007 5:59 pm) There is nothing wrong with leasing in the right situation, but if you keep a car for six years, you are much better off buying.. You seem to have a good attitude towards your finances. Better to be safe than sorry. regards, kyfdx |
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I've been offered a price of 34,500 (already including dest) for an '07 G35x with the Premium Package and Splash Guards. How does this stack up to what others are getting? Also, is anyone out there clear on how the VPP pricing works and how they determine the discount. If I have VPP pricing am I better off waiting for an 08 (when will they hit dealership floors?) Thanks |
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Replying to: stlouisjoe (Aug 30, 2007 5:41 am) |
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Replying to: stlouisjoe (Aug 30, 2007 5:41 am) |
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Replying to: cadreamn (Aug 30, 2007 9:42 am)
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Replying to: cadreamn (Aug 30, 2007 9:42 am)
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Replying to: ivanl3 (Aug 30, 2007 10:43 am) |
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Replying to: stlouisjoe (Aug 30, 2007 5:41 am)
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Replying to: superman2424 (Aug 29, 2007 5:21 pm) these are the reasons to lease: 1. you can separate any liabilities incurred during business use from your personal assets. 2. you get to drive a more expensive car, than you can truly afford. 3. you like driving a new car every two or three years. 4. you can get a lease for a very desirable car, without any money out of pocket, your lease contract is not for more than two years, you are not hit with huge reconditioning (or whatever they call it now) or maintenance fees while you drive the car. 5. LEASING IS A LONG TERM RENTAL CONTRACT THAT CAN BE HARD TO BREAK, IF YOU NEED TO GET OUT OF IT. I don't care what hocus pocus car dealers tell you, leasing is not cheaper in the long run. It is not even cheaper in the short run, depending on the model you lease, the amount of money you put out of your pocket, expenses the dealer makes you pay for when you return it and the famous money factor. buying the car gives you more flexibility as to what to do with the car. btw, cars are not depreciating assets. they are liabilities. it is only an asset if you use it directly to earn income. NOT as a mode of transportation while earning income. Why buy: 1. more flexibility as to what to do with the vehicle 2. tend to buy what you can afford 3. the interest rate (if you have decent credit) is usually cheaper than the money factor and all other miscellaneous costs incurred during the lease process. Work on negotiating a good deal from the dealer. Also, don't buy a car that you cannot put down at least 30% of the value as a down payment (prevents you from being upside down in your loan, generally speaking). I may not know a whole lot about cars, but i know how to keep as much money in my pocket as possible. i know many will disagree with me, but i am living proof and so are my clients. all the best everyone, the fan.... |
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