More info for those thinking about leasing

Joonsup · 03-11-2008, 09:58 AM

Here's an article I found on msn this morning at work. Info to add to the whole lease vs buy topic that's been brought up many times. Don't shoot the messenger. Peace, not war.

http://articles.moneycentral.msn.com...asingACar.aspx

John 070 · 03-11-2008, 07:35 PM

Again, to cut to the chase, isn't the strongest argument for leasing that you will get a new car before an installment loan is even paid-off? That you would never keep a car very long?

Here we F****** go again with the deduction of an expense. Like the republican candidate said businesses should be able to write-off an asset in year one. The m****** f****** thing has no book value year 2? WTF does that do to the statement of profits year 1 vs. year 2-12, say on a transit vehicle? I know, I know, not everyone finished high school, so we shouldn't expect them to think much about the value of a dollar.

03-11-2008, 09:58 AM	#1
Joonsup Lieutenant General 332 Rep 17,315 Posts Drives: E92 M3, E30 325i Join Date: Sep 2007 Location: Bay Area iTrader: (8) Garage List 2008 BMW M3 [9.50]	More info for those thinking about leasing Here's an article I found on msn this morning at work. Info to add to the whole lease vs buy topic that's been brought up many times. Don't shoot the messenger. Peace, not war. http://articles.moneycentral.msn.com...asingACar.aspx
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03-11-2008, 07:35 PM	#2
John 070 Lieutenant General 1755 Rep 14,825 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	Again, to cut to the chase, isn't the strongest argument for leasing that you will get a new car before an installment loan is even paid-off? That you would never keep a car very long? Here we F**** go again with the deduction of an expense. Like the republican candidate said businesses should be able to write-off an asset in year one. The m** f**** thing has no book value year 2? WTF does that do to the statement of profits year 1 vs. year 2-12, say on a transit vehicle? I know, I know, not everyone finished high school, so we shouldn't expect them to think much about the value of a dollar.
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