leasing is so much better

whats up with all the "your car will loose value" ? of course it will loose value, cars ARE NOT an investment, I look at it as a hobby... some people are into buying art, some into spending on drugs, some go on trips every fucking month, some like to collect old coins, etc, etc.... you live once, so might as well enjoy it while you can afford it, do you want to drive that brand new bmw/benz/porsche/rari when you're in your 20's or in your 40-50's (if you live that far) ? i agree tho that blowing ALL your money isn't a good idea, but if you somewhat can afford it, you should do it and enjoy it....

lose = to misplace or decrease in value

loose = not tight

i'm not writing an essay here, so piss off

Remember this, and remember this well:

By the time you can afford it, the car ain't important.

Nothing, I'm just not active on boards anymore. I made a test what influence it has on my income and it has gone up since then. Spending more time with work. Or better said, with thinking about where to make more money. :)

btw a friend sent me to this thread, because someone mentioned me. I will go back to work at NDC again, so excuse me if I don't follow the next replies. I will be on ICQ. :)

he'd have no problems buying one =)

If you can't afford to pay cash, you can't afford to buy it.

I have never bought anything financed in my whole life so I have to say no.

i would lease it personally if you can. financing that price of car is going to run you about $1500 to $2k a month in payments depending on your credit and how much you put down.

remember a car is a depreciating asset. if its new and you spend $100k in a year it will be worth $75k and you will of probably only paid less than $10k to principal. with a lease you can probably put down a little less, and be close to break even at all times.

i paid 470k$ for my f430 spyder :) i like usa prices

Fun thread :)

Judging by some replies, you shouldn't buy a 100k car, unless you have 10x that in the account. That would mean in theory, that a person buying a $30k car should should have $300k liquid. That's pretty laughable!

I personally prefer to lease. Almost every lease I've had, I've bought out at the end and turned a profit. With my Z I just got rid of, I owed $14k and pulled $21k at the end. Sure it's only $7k profit, but it covered some quarterly taxes :)

With my new X3 I just got, I went to swapalease.com. The car had $2k miles, was an 08, has a 50k mile warranty and free services, and the guy gave me $3k incentive. After the $3k check, my payments on a $45k car ended up being only $460 a month. he got rid of it because he got a company car just 2 months after he leased the car, and he had to off it fast.

Now, with what he put down ($3500), the buyout is relatively cheap if you estimate the value in 3 years. Once again, I'll probably buyout, and resell for a small profit.

On the flipside, a BMW lease is transferrable, so if I ever can't afford the payments, I can transfer the lease to a willing party. The same goes for a car of any value. If you know how to manage money, you can live a nice lifestyle with enjoyable material items..and still have plenty set aside in savings. :)