Buying my lease

[Imcrazy]

9 hours ago, TXGREEK said:

I agree that leasing is cheaper than financing but I responded to your claim that leasing would take care of the out of pocket cost. Leasing or financing is a tax deduction either way. Leasing and or financing will give you the same mileage warranty. I’ve leased a few vehicles for my company and though leasing is cheaper you’ll still be expected to perform the same maintenance and if you turn it in with bald tires you’ll be charged premium. Financing, depending on your credit score is the best and here’s why. Financing (for an individual interested in keeping his or her vehicle)is tax deductible, cheaper on insurance, because you’re leasing it’s not yours, builds credit no restrictions on anything. Lease or financing for 5 yrs, get minimum $20 k back on trade in. $0 back with leasing.

 

 

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Good point on the trade in value, I guess I was kind of tired last night when I did that math!! My point on maintenance is that the big ticket items tires, brakes, shocks, transmission filter & fluid, tcase & axle fluids aren't due until after that 3 year lease period has passed so you just change the oil basically unless for some reason your tires don't make it you're avoiding a lot of costs... Like you said though the trade in value really helps offset the cost of buying...

[heymrdjCW]

Good point on the trade in value, I guess I was kind of tired last night when I did that math!! My point on maintenance is that the big ticket items tires, brakes, shocks, transmission filter & fluid, tcase & axle fluids aren't due until after that 3 year lease period has passed so you just change the oil basically unless for some reason your tires don't make it you're avoiding a lot of costs... Like you said though the trade in value really helps offset the cost of buying...

When I lease, I build in some sort of tire out of the gate. Because I find OEM tires to be utter crap. When I got my 12 Civic commuter I got Blizzaks for winter. When I got my 14 Fiesta commuter, I got Blizzaks for winter. My wife’s 13 Dart had a decent tire package for the year we had it. The 14 Buick Verano had crap tires, so we put on Continental DWS within the first few months. We felt the 17 Malibu was terrible on the test drive, so part of the deal was them taking those off and putting on DWS before delivery. My 17 Silverado has the Goodyear Wranglers on them, they’ve been alright enough to deal with. We kept all the OEM tires and put them on at the end of the lease, as the nicer higher performance tires were getting worn as they got close to 40K.

But I agree on everything you said, I’m the odd man out on the tire habits. But I haven’t had to pay for any maintenance in quite awhile. It’s all under the lease since the car still has all its dealership freebies.

[Imcrazy]

4 minutes ago, heymrdjCW said:

 

When I lease, I build in some sort of tire out of the gate. Because I find OEM tires to be utter crap. When I got my 12 Civic commuter I got Blizzaks for winter. When I got my 14 Fiesta commuter, I got Blizzaks for winter. My wife’s 13 Dart had a decent tire package for the year we had it. The 14 Buick Verano had crap tires, so we put on Continental DWS within the first few months. We felt the 17 Malibu was terrible on the test drive, so part of the deal was them taking those off and putting on DWS before delivery. My 17 Silverado has the Goodyear Wranglers on them, they’ve been alright enough to deal with. We kept all the OEM tires and put them on at the end of the lease, as the nicer higher performance tires were getting worn as they got close to 40K.

But I agree on everything you said, I’m the odd man out on the tire habits. But I haven’t had to pay for any maintenance in quite awhile. It’s all under the lease since the car still has all its dealership freebies.

I'm with you on tires... When I leased my Silverado (that I had to buy due to a job change that won't let me stay within lease terms) I went to discount tire and traded in my OEM tires (they gave me $100 per tire IIRC) and those tires were still in good shape at 45k miles when I put new ones on... On my wife's '16 Malibu we put some general's on that are holding up really well and I have the stock goodyears in the garage on a shelf...