http://blog.investtalk.com Steve Peasley is a financial advisor and host of InvestTalk, a weekday program that looks at new and relevant investment topics each weekday. He answers questions about financial and retirement planning, money management as well as general concerns about the stock market. http://blog.investtalk.com
The sad thing is you leased a car thinking you bought a car. And they start signing away. The funny thing is the guy that sold you as if you bought the car doesn't even know!!! LOL.
heartlessvietboy 2 months ago
and after you buy the car own it for a couple years. it breaks then you have to spend your money that you have been saving for a new car. oops there goes your savings for a new car!
jaguar1410 2 months ago
@hmbautobroker BUT IF U LEASE, IT DONT MATTER IF IT DEPRECIATES OR APPRECIATES. U WONT EVER OWN IT. WHEN U LEASE, U WILL NEVER STOP PAYING.
JWadGallery 4 months ago
Even if you finance a car with the high cost of vehicles today you will never own the car unless you have money to just pay cash but why tie up your money on something which depreciates each and every mile you drive. Never buy something which depreciates in value. Only buy something which appreciates in value therefore the best option is to lease items which depreciate and buy items which appreciate. The year is 2011 leasing if more affordable than buying.
hmbautobroker 1 year ago
Impossible to pay cash. This is not 1940 where cars were only $300-$500. Try saving $30K - $50K cash on a modest to mid level income especially living in an expensive state such as California. I'd say always budget a car payment & get a new car every 2-3 years & lease. You may as well & be happy with what you purchased & leasing let's you get into a car you normally couldn't afford when financing.
xrossfader 1 year ago
sounds like good advice to pay cash, i hate loans and leases
BuCnasty 1 year ago
What about a lease takeover?
3089280288 2 years ago