is leasing an s2000 wicked smaht or wicked dum
#24
People always talk about how you can't mod the car, you don't own it, gotta watch the miles, blah, blah, blah.
I am leasing with the full intention of paying off the residiual at the end. This way I get a payment that is about $200/month less than a straight purchase. I get a decent anual bonus, which would not help me with the monthlies, but if I save them for the next 5 years I can pay off the car when it comes due. Then I can drive as many miles as I want, I can make any mods I want, and in the end I WILL own it. I ran the numbers and in the end my lease is basically the same as a loan with a 4% interest rate.
When the lease is up, I could sell the car to someone else if I don't have the cash, and don't want to have to worry about my mods or miles.
(Of course the S is a second car for me and summer only so miles is not an issue at all.)
I am leasing with the full intention of paying off the residiual at the end. This way I get a payment that is about $200/month less than a straight purchase. I get a decent anual bonus, which would not help me with the monthlies, but if I save them for the next 5 years I can pay off the car when it comes due. Then I can drive as many miles as I want, I can make any mods I want, and in the end I WILL own it. I ran the numbers and in the end my lease is basically the same as a loan with a 4% interest rate.
When the lease is up, I could sell the car to someone else if I don't have the cash, and don't want to have to worry about my mods or miles.
(Of course the S is a second car for me and summer only so miles is not an issue at all.)
#25
[QUOTE]Originally posted by ruexp67
[B]People always talk about how you can't mod the car, you don't own it, gotta watch the miles, blah, blah, blah.
I am leasing with the full intention of paying off the residiual at the end.
[B]People always talk about how you can't mod the car, you don't own it, gotta watch the miles, blah, blah, blah.
I am leasing with the full intention of paying off the residiual at the end.
#26
Originally posted by morgan
I don't know if anyone mentioned this (just following whore rules)....but another advantage to ownership is....You can do whatever the hell you want with the car in terms of mods....I suppose you could mod a leased car as well....but then you would be forced to reconvert ($$$) at the end of your lease...I guess a bone stock S2k is OK for some...although I think I would get bored, eventually...
I don't know if anyone mentioned this (just following whore rules)....but another advantage to ownership is....You can do whatever the hell you want with the car in terms of mods....I suppose you could mod a leased car as well....but then you would be forced to reconvert ($$$) at the end of your lease...I guess a bone stock S2k is OK for some...although I think I would get bored, eventually...
#27
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360$ a month for 36 months...
Residuals for the S are pretty good.
and most companies will negotiate the lease end value of a vehicle at the end of the lease.
360$ a month for 36 months...
Residuals for the S are pretty good.
and most companies will negotiate the lease end value of a vehicle at the end of the lease.
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