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  3. Your experience with car leasing

Your experience with car leasing

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  • C Offline
    C Offline
    C P User 3
    wrote on last edited by
    #1

    I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

    C D R OriginalGriffO L 7 Replies Last reply
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    • C C P User 3

      I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

      C Offline
      C Offline
      Corporal Agarn
      wrote on last edited by
      #2

      If you drive a lot leasing may not be for you. Also depending on what they cover (do you or they pay for the oil changes) it may not be the most cost effective way to get a car. I have only leased one car and ended up purchasing it because I went over the millage way too far.

      Mongo: Mongo only pawn... in game of life.

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      • C C P User 3

        I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

        D Offline
        D Offline
        dexterama
        wrote on last edited by
        #3

        I have never done it. It never made sense. I pay for gas, insurance, maintenance, repairs, I gain no equity, and am limited in the amount of miles I can put on the thing, and they charge me for damage. At the end of the term it's gone with your money, like it never happened. I have never understood the benefit to the consumer.

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        • D dexterama

          I have never done it. It never made sense. I pay for gas, insurance, maintenance, repairs, I gain no equity, and am limited in the amount of miles I can put on the thing, and they charge me for damage. At the end of the term it's gone with your money, like it never happened. I have never understood the benefit to the consumer.

          D Offline
          D Offline
          Dan Neely
          wrote on last edited by
          #4

          It's the lazy way to always have an almost new car. With the gap between what the stealership gives you to take your old car off your hands and what they turn around to sell it for; I'm not sure if leasing works out cheaper than just buying a new car and reselling it a few years later. The number of gotchas in the contracts are enough that I doubt I'd ever sign one.

          Did you ever see history portrayed as an old man with a wise brow and pulseless heart, waging all things in the balance of reason? Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful? --Zachris Topelius Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies. -- Sarah Hoyt

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          • D dexterama

            I have never done it. It never made sense. I pay for gas, insurance, maintenance, repairs, I gain no equity, and am limited in the amount of miles I can put on the thing, and they charge me for damage. At the end of the term it's gone with your money, like it never happened. I have never understood the benefit to the consumer.

            N Offline
            N Offline
            newton saber
            wrote on last edited by
            #5

            Leasing is nice if you're are renting one of the current crap-cars anyways which are lemons as they roll off the assembly line. Well, I've leased and I bought the extra miles right at the outset. I remember the sales person saying, "Now we don't want you to waste money on this. You don't have to buy those miles, now. Now you don't have to." :cool: Me: "I've calculated it out and I know exactly how much I drive. We'll drive our other car for trips." 3 years later at the turn in. Car guy with wild look in his eyes: "Let's calculate your total mileage!! Oh, yes. Yes! Yes!!!" Me: "Okay" Car guy: "Uh, you don't owe any extra miles." Deflated :(( Yep! Make sure you know what you're signing. They hide so much crap. If they offer the extra miles, buy them early for cheap. Good luck.

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            • C C P User 3

              I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

              R Offline
              R Offline
              R Giskard Reventlov
              wrote on last edited by
              #6

              I always used to buy until an accountant told me that it makes more sense to lease. Plus you get a new car every 2-3 years. I've leased from VW, Lexus, Honda and Ford and had no problems to speak of. I am thinking about giving mine back soon and buying an older car outright simply because I walk to work so don't really need a car most of the time any more. I believe that you can claim some of the tax back on your tax return (but not in California, of course!). Check with an accountant. The really unpleasant part of the car leasing.buying experience is dealing with the scum bag parasites in the dealerships.

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              • R R Giskard Reventlov

                I always used to buy until an accountant told me that it makes more sense to lease. Plus you get a new car every 2-3 years. I've leased from VW, Lexus, Honda and Ford and had no problems to speak of. I am thinking about giving mine back soon and buying an older car outright simply because I walk to work so don't really need a car most of the time any more. I believe that you can claim some of the tax back on your tax return (but not in California, of course!). Check with an accountant. The really unpleasant part of the car leasing.buying experience is dealing with the scum bag parasites in the dealerships.

                N Offline
                N Offline
                newton saber
                wrote on last edited by
                #7

                R. Giskard Reventlov wrote:

                scum bag parasites in the dealerships

                Now, I don't think we need to use that kind of harsh language when talking about ...the scum-sucking bottom-feeding parasitic diseases who work at the dealerships... So, let's just ease up. :laugh:

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                • C C P User 3

                  I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

                  OriginalGriffO Offline
                  OriginalGriffO Offline
                  OriginalGriff
                  wrote on last edited by
                  #8

                  My neighbour does it - she works as a Care Worker, visiting the elderly three times a day. As this is a very rural area, the council she works for arranges a lease car for her - and pays most of it - and she's on about her third or fourth. The only hassle she's had is when it's returned they go over the bodywork with a fine tooth comb and try to charge her a fortune for any scratches. Even if they weren't there when she handed it back...

                  Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...

                  "I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
                  "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt

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                  • C C P User 3

                    I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

                    L Offline
                    L Offline
                    Lost User
                    wrote on last edited by
                    #9

                    My son and his wife have been leasing for at least 10 years. They get a new car every three years, and often pay less for the new one than the old. However, this is specific to a certain manufaturer and dealership in the UK, so is probably not representative, nor relevant to the US.

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                    • C C P User 3

                      I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

                      R Offline
                      R Offline
                      Ravi Bhavnani
                      wrote on last edited by
                      #10

                      I still drive the car[^] I bought new in 1991. :) At one point I thought about selling it, but thankfully came to my senses. /ravi

                      My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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                      • R Ravi Bhavnani

                        I still drive the car[^] I bought new in 1991. :) At one point I thought about selling it, but thankfully came to my senses. /ravi

                        My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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                        Dr Walt Fair PE
                        wrote on last edited by
                        #11

                        My wife still drives her 1987 Camry. I was driving a 2003 Jaguar most of the time, but since the stroke, I don't drive, but we did buy a new 2015 KIA to carry around my 350 lb power wheelchair. The KIA Sedona miniVan has a hydraulic lift installed. I'm dangerous when I start going in the power wheelchair! Once I stop runningf into things with the char, I'll give some thought to drivving a car!!

                        CQ de W5ALT

                        Walt Fair, Jr., P. E. Comport Computing Specializing in Technical Engineering Software

                        R 1 Reply Last reply
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                        • D Dr Walt Fair PE

                          My wife still drives her 1987 Camry. I was driving a 2003 Jaguar most of the time, but since the stroke, I don't drive, but we did buy a new 2015 KIA to carry around my 350 lb power wheelchair. The KIA Sedona miniVan has a hydraulic lift installed. I'm dangerous when I start going in the power wheelchair! Once I stop runningf into things with the char, I'll give some thought to drivving a car!!

                          CQ de W5ALT

                          Walt Fair, Jr., P. E. Comport Computing Specializing in Technical Engineering Software

                          R Offline
                          R Offline
                          Ravi Bhavnani
                          wrote on last edited by
                          #12

                          That's awesome about the Camry!  Wish you a swift and complete recovery, Walt! :thumbsup: /ravi

                          My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

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                          • OriginalGriffO OriginalGriff

                            My neighbour does it - she works as a Care Worker, visiting the elderly three times a day. As this is a very rural area, the council she works for arranges a lease car for her - and pays most of it - and she's on about her third or fourth. The only hassle she's had is when it's returned they go over the bodywork with a fine tooth comb and try to charge her a fortune for any scratches. Even if they weren't there when she handed it back...

                            Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...

                            D Offline
                            D Offline
                            dandy72
                            wrote on last edited by
                            #13

                            OriginalGriff wrote:

                            the council she works for arranges a lease car for her - and pays most of it

                            That's the only time a lease makes sense IMO--when somebody else pays for it.

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                            • C C P User 3

                              I am ready to read anyone's (short) story about your personal experience with leasing a car. Advice, warnings, heads-up; all are welcome. Suggestions on successful navigation are equally welcome.

                              P Offline
                              P Offline
                              pt1401
                              wrote on last edited by
                              #14

                              I need to hire a van next week to move some furniture around, so hunted for my driving licence yesterday. Couldn't find it, so picked up a renewal form at the local Post Office and duly filled in the details. Gave the DVLA a ring before posting the form to ensure I'd got the details right, only to be told they had revoked my licence in 1994! They have no record of why, and I have had no problems hiring (or insuring, or driving my own) cars in the years since. But according to them I haven't had a driving licence for 21 years.... So I've sent the form off anyway, let's see if I get a licence back :confused:

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