Leasing

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Dec 27, 2001 | 05:08 AM

#41

Chris S

Joined: Jan 2001

Posts: 11,615

Likes: 1

From: North Richland Hills, TX

Quote:

Originally posted by GID
Did someone say something about anti-gun control laws????

NO ONE HAS MENTIONED THE BALLOON PLAN. Its a good cross between leasing and purchasing. Cars in YOUR name (No purchase option etc) low payments (only pay for what you use) Then pay / trade / sell the residual off.

Read my post from yesterday morning: "You can get many of the same cash flow benefits of leasing w/o the downsides by financing w/ a balloon pmt. "...I agree that it's often a good option.

[QUOTE]Originally posted by GID
[B]

Quote:

Originally posted by GID
IMO - if you pay 33k for a car in a lump you lose opportunity to do something else w. the money.

Like sink it in the market so it can decline to $10K? I sold MSFT LEAPS when MSFT was trading @ $95 to fund my car (actually, the Supra Turbo I bought and then traded for the S2000). Had I not liquidated that investment, it prob. would have become worthless. The Supra and the S2000 are some of the best investments I've had over the last couple of years!

Dec 27, 2001 | 05:21 AM

#42

s2ktaxi

Registered User

Joined: Nov 2000

Posts: 4,436

Likes: 0

From: WA

[QUOTE]Originally posted by walkabt
[B]Unless the leasing company is subsidizing the residual value (incorrectly overvaluing the car or taking a risk), you typically can't beat the manufacturer's residual value.