Should I Take This Offer From Infiniti?
- Thread starter MrElussive
- Start date
Everyone's talking about 'which car' - any chance you can get out of a Lease?? That's basically throwing your money away - monthly.. Been there - done that (Sometimes you gotta do what life directs you to), but leases are the absolute worst.. You get raped by the stealership, then you get raped by your insurance for the 300/500k full coverage crap..
I'd go with whichever put me into a buying position for either car (Since you do like both!). Someone has to be able to work a deal for you. The difference alone in insurance is likely the difference in cost from buying to leasing.
Good luck man, with all the new models coming out, Springtime this year is ripe for an auto purchase.
I'd go with whichever put me into a buying position for either car (Since you do like both!). Someone has to be able to work a deal for you. The difference alone in insurance is likely the difference in cost from buying to leasing.
Good luck man, with all the new models coming out, Springtime this year is ripe for an auto purchase.
I second...
Yeah, they ripe and they test how you much temptation you can stand. they make sure people will pay monthly w/ the car under the company's name to keep their asset up, so they look good. That's what marketing is. See the stock market, retails has been dropping. they are trying to save themself. The best way to get out of the loop is knowing what you truly want .
Yeah, they ripe and they test how you much temptation you can stand. they make sure people will pay monthly w/ the car under the company's name to keep their asset up, so they look good. That's what marketing is. See the stock market, retails has been dropping. they are trying to save themself. The best way to get out of the loop is knowing what you truly want .
When you get your M3, skip a bank payment and see who really owns your car. ![[;)]](/images/smilies/wink.png "Wink [;)]")
Section_8, basically the dealership wants my car because the resale value for 03 6-speed coupes is sky high right now. They've made quite a killing on my lease payments, and they will make another killing on selling my car. At least by taking this offer, I can save $80/month and get into a brand-new 06 Coupe with more power and features and stuff.
I don't believe in buying a car if you only plan to keep it for 3 years/36K miles.
Let's face it...cars are just the worst multi-thousand-dollar investment no matter how you play it.
Section_8, basically the dealership wants my car because the resale value for 03 6-speed coupes is sky high right now. They've made quite a killing on my lease payments, and they will make another killing on selling my car. At least by taking this offer, I can save $80/month and get into a brand-new 06 Coupe with more power and features and stuff.
I don't believe in buying a car if you only plan to keep it for 3 years/36K miles.
Let's face it...cars are just the worst multi-thousand-dollar investment no matter how you play it.
Noooooo...well congrats. I can tell you really enjoy G35 coupes because they are really nice cars. But I wouldn't be too sure about BMW still lagging behind in the performance area.
I think BMW has finallly taken notice and is coming out with their own answer to the pleasing Japanese alternatives.
Aside from the 2008 M3 because most people can't afford that, the new 335i Coupe will have 300 hp/ 300 ft/lb torque, and will do 0-60 in 5.1-5.3 seconds. And also a turbocharged engine! Not to mention all the aftermarket performance potential it will have! [headbang] This car and its engine are going to be freaking AWESOME..![[cheers]](/images/smilies/icon_smile_cheers.gif "Cheers [cheers]")
I really think you should've waited, but it's your choice, and you still have next time right?
I think BMW has finallly taken notice and is coming out with their own answer to the pleasing Japanese alternatives.
Aside from the 2008 M3 because most people can't afford that, the new 335i Coupe will have 300 hp/ 300 ft/lb torque, and will do 0-60 in 5.1-5.3 seconds. And also a turbocharged engine! Not to mention all the aftermarket performance potential it will have! [headbang] This car and its engine are going to be freaking AWESOME..
I really think you should've waited, but it's your choice, and you still have next time right?
MrElussive said:
When you get your M3, skip a bank payment and see who really owns your car.
Section_8, basically the dealership wants my car because the resale value for 03 6-speed coupes is sky high right now. They've made quite a killing on my lease payments, and they will make another killing on selling my car. At least by taking this offer, I can save $80/month and get into a brand-new 06 Coupe with more power and features and stuff.
I don't believe in buying a car if you only plan to keep it for 3 years/36K miles.
Let's face it...cars are just the worst multi-thousand-dollar investment no matter how you play it.
Section_8, basically the dealership wants my car because the resale value for 03 6-speed coupes is sky high right now. They've made quite a killing on my lease payments, and they will make another killing on selling my car. At least by taking this offer, I can save $80/month and get into a brand-new 06 Coupe with more power and features and stuff.
I don't believe in buying a car if you only plan to keep it for 3 years/36K miles.
Let's face it...cars are just the worst multi-thousand-dollar investment no matter how you play it.
You have a lot to learn…
You said earlier that the resale value has gone up? so you pissed away $680 +\- a month on a car you NEVER created equity on, and money you will never see again, yes cars depreciate most intangible goods do… BUT!
Say your car price was $35,000 (a guess) in 2003, you have paid $25,000 -\+ in “payments” over the course of 3 years, even if you took out a 60 month loan (rates in ’03 were about 3 percent (with A class credit). Over the course of 3 years and the approx resale value would be about $25,000 (well for a good car, lets say a BMW). So you would owe $10,000 on that car and have a surplus of $15,000 for cash on a NEW CAR! You are giving away $25,000 PLUS the amount the dealership is going to mark it up from the new sale
![[rofl]](/images/smilies/icon_smile_rofl.gif "ROFL [rofl]"){kind=icon}
, wow the dealership sure got you! You just lost 35 Thousand-Dollars, you get ahead by creating equity, not by pissing away money on renting or leasing! ![[screwy]](/images/smilies/icon_smile_screwy.gif "Screwy [screwy]"){kind=icon}
Yes I realize that $10,000 remaining balance isn’t possible because of the difference between the principal and interest made in the monthly payment but you are still coming out ahead!
In my opinion I would not go back to the dealership, you are not getting a “deal”, you’re just getting SCREWED, and I applaud the dealership for you pissing money away on them, and you’re doing it all over again with a new lease!
Does this help?
Intangible
adj 1: (of especially business assets) not having physical substance or intrinsic productive value; "intangible assets such as consumer goods" [ant: tangible] 2: incapable of being perceived by the senses especially the sense of touch; "the intangible constituent of energy"- James Jeans [syn: impalpable] [ant: tangible] 3: hard to pin down or identify; "an intangible feeling of impending disaster" 4: lacking substance or reality; incapable of being touched or seen; "that intangible thing--the soul" [syn: nonphysical] n : assets that are saleable though not material or physical [syn: intangible asset]
In English, cars are created by supply and demand which means they can create as many as people want, they can’t do that with real estate. It isn’t a tangible item it can be created and destroyed (loss value and gain value quickly), don’t you learn anything in college; this is one of the oldest economic terms used. You have tangible (lumber, real estate & houses) and intangible (cars, computers & washing machines) goods, Duh?
Intangible
adj 1: (of especially business assets) not having physical substance or intrinsic productive value; "intangible assets such as consumer goods" [ant: tangible] 2: incapable of being perceived by the senses especially the sense of touch; "the intangible constituent of energy"- James Jeans [syn: impalpable] [ant: tangible] 3: hard to pin down or identify; "an intangible feeling of impending disaster" 4: lacking substance or reality; incapable of being touched or seen; "that intangible thing--the soul" [syn: nonphysical] n : assets that are saleable though not material or physical [syn: intangible asset]
In English, cars are created by supply and demand which means they can create as many as people want, they can’t do that with real estate. It isn’t a tangible item it can be created and destroyed (loss value and gain value quickly), don’t you learn anything in college; this is one of the oldest economic terms used. You have tangible (lumber, real estate & houses) and intangible (cars, computers & washing machines) goods, Duh?
My car was $37,000 MSRP. Back then, the residual value was predicted at 50-51% and the Coupes were in high demand, so the car was "sold" at MSRP price. Taking these numbers into account, plus the money factor at the time, the lease rate was "appropriate" and I took it because the deal was great.
Now I am driving an asset that has a MUCH higher value than originally predicted, but I can't really proffit much off it as it is a leased car. So now the dealership is taking this Coupe off my hands which suffers from early-production-model issues and putting me into a brand-new Coupe.
I beat all up-front fees (about $1,500) and I get an "okay" lease deal on a great car. You guys say I should go to BMW, but the BMW dealerships around here were all trying to destroy me. As soon as they find out the town I live in and the financial reputation it has in all of Northern NJ/NYC, they try to rip me off beyond belief and it is disgusting.
Now I am driving an asset that has a MUCH higher value than originally predicted, but I can't really proffit much off it as it is a leased car. So now the dealership is taking this Coupe off my hands which suffers from early-production-model issues and putting me into a brand-new Coupe.
I beat all up-front fees (about $1,500) and I get an "okay" lease deal on a great car. You guys say I should go to BMW, but the BMW dealerships around here were all trying to destroy me. As soon as they find out the town I live in and the financial reputation it has in all of Northern NJ/NYC, they try to rip me off beyond belief and it is disgusting.
![[:)]](/images/smilies/smile.png "Smile [:)]")