Dallas Fort Worth 5.0 Mustang Club - View Single Post

**JDMLOL** · 04-11-2014, 08:58 PM

I agree with Strokd about leasing. Leasing is the smartest way of having a vehicle under these conditions: 1. You don't drive more than 12-15k per year. 2. you don't keep your cars longer than 5-6 years on average 3. you don't mind driving something fairly unmodified.

Unless you plan on keeping the vehicle until after it's paid for or you have a large pile of cash to put down on the car to offset the depreciation expense that WILL inevitably occur, why would someone not want to lease if they meet the above criteria? Putting 10% or less down on a car and financing it for 60 or 72 months is a recipe for becoming upside down.

04-11-2014, 08:58 PM	#70
JDMLOL Senior Member Join Date: Mar 2013 Age: 33 Posts: 1,047	I agree with Strokd about leasing. Leasing is the smartest way of having a vehicle under these conditions: 1. You don't drive more than 12-15k per year. 2. you don't keep your cars longer than 5-6 years on average 3. you don't mind driving something fairly unmodified. Unless you plan on keeping the vehicle until after it's paid for or you have a large pile of cash to put down on the car to offset the depreciation expense that WILL inevitably occur, why would someone not want to lease if they meet the above criteria? Putting 10% or less down on a car and financing it for 60 or 72 months is a recipe for becoming upside down. __________________ The Queen: 2013 Race Red Mustang GT 6MT: 20" AMR's, GT500 AB, JBA LT's and ORX, SCT SF3/X3, MGW Short Throw, Some Carbon Wrap, Spoiler Delete, Eibach Sportlines, Koni STR.T's, BMR LCA's, BMR Relo Brackets, BMR UCA, Freedom Racing PHB, Maximum Motorsports CC Plates, BMR Safety loop, DSS Aluminum DS