Ernest said:
Leasing to me is like paying rent, no equity just pouring your money away, kinda pouring sand down a rat hole, so to speak. My opinion only!
ERNEST:thumbs:
Well, I like leasing my vehicles
(though I will be purchasing my SKY). Right now I have the leased '05 GMC Envoy and a financed '04 Malibu <-- which I want to get rid of ASAP. I like leasing because I know I'm getting a new GM vehicle every 30-36 months
(30 months when GMAC offers me an early pull-ahead program). I have
AADD (Automotive Attention Deficit Disorder) - meaning while I may love a vehicle now, I can guarantee that another vehicle will come along 24 months later that will turn me away from what I'm driving. When I first started out, I was taking 5 year loans, keeping the car 24 or 36 months and then hassling over trade-in values for something new. Leasing came along and took the trade-in hassle out of the equation and made it easier for me to get a new vehicle. Either way I had constant car payments... leasing allows me to get into new vehicles a lot easier!!!
Now I'm buying the SKY because: (1) it will be a toy/3rd vehicle in my household, (2) I plan to keep this car a long, long time, and (3) I eventually want to take it to classic car shows and for now belong to a car club again
(last time was when I had a Trans Am back in the late '90s). Leasing isn't for everyone, but for those that need new cars (like for work purposes, etc) or those with
AADD like me, leasing is a blessing!!! :cheers: