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The End of Leasing? And do you care?

95 messages, Last post on Sep 03, 2008 at 4:58 PM
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Replying to: Mr_Shiftright (Aug 06, 2008 11:59 am) Oh, and "ceasing leasing"? LOL! I was always a sucker for rhymes. |
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Replying to: Mr_Shiftright (Aug 06, 2008 11:59 am) Before, folks would cross-shop based on lease payments. A $45k bimmer seemed to lease fairly similarly to a $35k infiniti. If leases are gone, than finance payments will be cross-shopped. Guess which one is higher in that scenario? |
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Replying to: qbrozen (Aug 06, 2008 12:20 pm) Dealers and automakers are full of games... |
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Replying to: nippononly (Aug 06, 2008 11:17 am)
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Replying to: corvette (Aug 06, 2008 12:28 pm) |
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Replying to: nippononly (Aug 06, 2008 12:27 pm) Ohhh... they are full of somethin' alright. |
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Replying to: nippononly (Aug 06, 2008 12:27 pm) There's no way I finance a BMW (or any other car) over 84 months. Then it'll be time to look at the used Honda Civic market.
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Replying to: ponytrekker (Aug 06, 2008 1:53 pm) |
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Replying to: ponytrekker (Aug 06, 2008 1:53 pm) |
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If the car companies are getting out of leasing, because the cars are worth less than the residuals, then that is a pretty good indicator that the lease deals were better for the consumers than they were for the car dealers.. If your leased car is worth $3000 less than the residual at lease end, then you've saved $3000 over your lease term vs. financing.. regards, kyfdx
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