View Full Version : who's leasing??
eje_17
06-06-2002, 06:31 PM
hey, who here's leasing their car and modding it?? i was thinking of leasing my next car but was curious to see what reactions you've gotten from the dealer as u go in for service. any hassles yet? and if not yet, you think you'll be penalized in any way when the lease expires? i was just thinking of unmodding before i returned it...thanks
Oo DaRk StAr oO
06-06-2002, 08:13 PM
i am... im just gona pay it off completely... service... I goto my dealer they dont care.
BlackGTS2002
06-06-2002, 09:16 PM
I lease...gonna pay it off in the end...or ill just unmod...
HilfigerCelica
06-06-2002, 09:32 PM
They won't care about stuff like tinted windows, but stuff like intakes and exhauts gotta go when it comes time to give it back.
TwinCelicaGirl
06-07-2002, 06:58 AM
I'm leasing my car, but when I first leased it (2 years ago), I had no intentions of modding it. But I have done so much to it already, and plan on doing ALOT more, that i'm just going to buy it in the end.....
CelicaNamja79
06-07-2002, 07:02 AM
Mine is a lease....I only leased it cuz it was actually a better deal than buying one at the time.... with all calculated, even if I bought da car at the end of term, I am still paying less than wht I would have paid for actual purchase....
Look under my sig.. i am planning on adding a kit and more.... i am buying this beeettch...
S|Lv3rBu||et
06-07-2002, 07:14 AM
same here...... leasing then buying.
twanmoney
06-07-2002, 07:24 AM
leasing.....taking mods off....turning in
WillyWonka
06-07-2002, 07:37 AM
Leasing then buying is a big waste of money. The buyout will be a few thousand that you may end up refinancing when your done your lease. You'll end up getting a payment break during the term of the lease but all you are doing is pushing that money to the refinanced portion. 3 years of lease payments turns into another 2-5 years of payments if you then want to own. Think before acting on this plan.
Originally posted by WillyWonka
Leasing then buying is a big waste of money. The buyout will be a few thousand that you may end up refinancing when your done your lease. You'll end up getting a payment break during the term of the lease but all you are doing is pushing that money to the refinanced portion. 3 years of lease payments turns into another 2-5 years of payments if you then want to own. Think before acting on this plan.
Right on WillyWonka. I bought mine.
-Carla
blairjbird
06-07-2002, 09:29 AM
how bout never leasing
chrissi24
06-07-2002, 10:52 AM
I've had too many friends get screwed leasing their cars. They try to buy it at the end and still end up having to fix all the dents and chips in the body before they can take it. Plus going over the allotted mileage. Gets really pricey.. ~Read ALL of the fine print.
eje_17
06-07-2002, 10:53 AM
crap, now i'm reconsidering the lease altough i'm getting a hook-up at the dealer for the lease so. . . but then again i don't wanna get shafted at the end with higher payments if i decide to buy it.
eje_17
06-07-2002, 10:54 AM
Originally posted by twanmoney
leasing.....taking mods off....turning in
think you'll be able to make a decent amount of money if you decide to sell all the mods?
Redline
06-07-2002, 11:13 AM
Originally posted by chrissi24
I've had too many friends get screwed leasing their cars. They try to buy it at the end and still end up having to fix all the dents and chips in the body before they can take it. Plus going over the allotted mileage. Gets really pricey.. ~Read ALL of the fine print.
I took a lease with the option to buy. I don't have any mileage limits. I took the lease option because I only had 3000 to put down up front and my monthly payments would have been really high for me at the time.
Mistrimeat
06-07-2002, 11:17 AM
Originally posted by WillyWonka
Leasing then buying is a big waste of money. The buyout will be a few thousand that you may end up refinancing when your done your lease. You'll end up getting a payment break during the term of the lease but all you are doing is pushing that money to the refinanced portion. 3 years of lease payments turns into another 2-5 years of payments if you then want to own. Think before acting on this plan.
True, true.
daSchtick
06-07-2002, 12:02 PM
Dealers love leasing because they can hide important figures in the fine print, while pretending to be 'giving you a deal'. It is much easier to make trade-in values 'dissappear', and add in unnecessary charges into the lease contract, than compared to a purchase contract, as lease contracts are filled with different terms that most people are not familiar with. Also, they like to charge you for other fees at lease end, whether you purchase or turn it in.
Simply, dealers push leasing because it increases their profits at the expense of the consumer. The only consumers who truly benefit by leasing, are those who can deduct their automobiles from their taxes.
CelicaNamja79
06-07-2002, 12:03 PM
Originally posted by WillyWonka
Leasing then buying is a big waste of money. The buyout will be a few thousand that you may end up refinancing when your done your lease. You'll end up getting a payment break during the term of the lease but all you are doing is pushing that money to the refinanced portion. 3 years of lease payments turns into another 2-5 years of payments if you then want to own. Think before acting on this plan.
Wrong, Not really, it all depends on what kind of a deal you get! My deal was actually better than a regular purchase. Well my kind of deal isn't easy to get unless you know someone that can really hook you up.
Lease is a deal for people that does not have the down pay money and they can not afford a big monthly paymts. If you getta decent deal, you are only paying like 1000 more after you pay the residual on the lease vs buying straight.
I will actually pay 2-3 grand less after I completely pay off the car. I gotta real low interest rate from the TMC and if I was to finance and just buy it straight, my interest would have been real high. Even if I finance my residual after the lease term, I am still paying less.
So in my case, no you are wrong Willywonka.
Oo DaRk StAr oO
06-08-2002, 12:28 AM
Total with buy out... 2001 GT Auto 4 miles on picked it off the trailor... 19 years old... TAXES... 20,500
CelicaNamja79
06-08-2002, 04:19 AM
Originally posted by Oo DaRk StAr oO
Total with buy out... 2001 GT Auto 4 miles on picked it off the trailor... 19 years old... TAXES... 20,500
that is almost as good as my deal...
SilverRide
06-08-2002, 09:48 AM
Originally posted by WillyWonka
Leasing then buying is a big waste of money. The buyout will be a few thousand that you may end up refinancing when your done your lease. You'll end up getting a payment break during the term of the lease but all you are doing is pushing that money to the refinanced portion. 3 years of lease payments turns into another 2-5 years of payments if you then want to own. Think before acting on this plan.
Correct! never, ever, lease a car if you plan on modding & buying it!. Leasing is a complete ripp-off!
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