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Author Topic: The New Car Saga (and general auto chat)  (Read 158885 times)

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Anaxilus.

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Re: Thinking about a new car, need some help.
« Reply #10 on: May 06, 2012, 04:28:51 AM »

^ x2. 
http://www.youtube.com/watch?v=romf-G6CZ7g
I already have 4 cars though >.<


Buy or Lease?  If you want a long term commitment and reduced costs from over the length of ownership buying is always the way to go as long as you 1) don't buy a piece of shit, 2) actually do regularly scheduled maintenance.  Leasing is a more viable option if you want an unreliable or problematic car that includes free maintenance and will get another lease at end of term.  Fiscally speaking, you need to do a conversion between rates and cash factors and consider whether the dealership will try to screw you on the deposit or not.  Also modding.  As one who tears his cars apart, leasing isn't a real viability since it's not my car.  If I wanted a BMW, Caddy or Merc and never wanted to turn a wrench I'd consider leasing.  Leasing is decent future-proofing if you want to keep up w/ the Jones's and have the latest tech out there.  TPMS, FLIR, HD radio, Pre collision, Radar cruise, articulating projectors, etc, etc.  You also have to consider depreciation if you would consider a buyout of your lease.  Poor depreciation and residual value will wreck your lease if you might consider a buyout as a lease option.

Think of it as less an economic consideration and a lifestyle choice.  Leasing is much more about a lifestyle choice that may or may not have benefits based on your personal financial situation.


« Last Edit: May 06, 2012, 04:33:47 AM by Analixus »
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Maxvla

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Re: Thinking about a new car, need some help.
« Reply #11 on: May 06, 2012, 04:30:04 AM »

Yeah that FR-S looks pretty awesome, but it's $25k starting.

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RexAeterna

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Re: Thinking about a new car, need some help.
« Reply #12 on: May 06, 2012, 06:52:00 AM »

Scion XB


box car ftw! when i buy this car in the near future, was thinking about getting the lego paint job/design on it and put something that would resemble those little nubs on top of the lego and put it on the roof. it'll be so hood yo.
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Anaxilus.

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Re: Thinking about a new car, need some help.
« Reply #13 on: May 06, 2012, 08:08:21 AM »

Thk god it's being discontinued.  Btw, the xD is a Daihatsu.
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Maxvla

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Re: Thinking about a new car, need some help.
« Reply #14 on: May 06, 2012, 08:42:23 AM »

I'm not a modder at all, so leasing would be just fine in the respect.

I just looked at the average residuals listed on Honda's site for the CR-Z and it shows 48% residual after 36 months and it only drops to 36% after 60 months. Didn't realize the depreciation was that much that fast. With a lease being paying for the loss of value, the residual is what the return amount is as if you were selling it back to the dealer. Residual would certainly be better if I could negotiate a 5000 mile per year lease, but still it doesn't seem to be in my favor. If I bought new, by the time I'd be getting the itch for a new car (5-6 years) the car would have about 18,000-25,000 miles with a resale value of maybe 65-75%. The Mini Cooper on the same comparison showed as much as 59% residual after 36 months (including much more mileage).

Also just got a flyer from my credit union about a 2% car loan offer. Not bad, I think I paid like 5% on my last one.
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RexAeterna

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Re: Thinking about a new car, need some help.
« Reply #15 on: May 06, 2012, 08:51:34 AM »

Thk god it's being discontinued.

i see how it is. got ourself a lego hater. least i don't watch soap operas like...star wars   :P
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Re: Thinking about a new car, need some help.
« Reply #16 on: May 06, 2012, 09:21:03 AM »

I'll take this small car.

Nice choice. I've been eyeing that one myself since back when it was a prototype. Isn't there a Subaru version too?
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Anaxilus.

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Re: Thinking about a new car, need some help.
« Reply #17 on: May 06, 2012, 03:59:06 PM »

I'll take this small car.

Nice choice. I've been eyeing that one myself since back when it was a prototype. Isn't there a Subaru version too?


Yup, BRZ.
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rhythmdevils

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Re: Thinking about a new car, need some help.
« Reply #18 on: May 06, 2012, 06:47:54 PM »

Scion XB

box car ftw! when i buy this car in the near future, was thinking about getting the lego paint job/design on it and put something that would resemble those little nubs on top of the lego and put it on the roof. it'll be so hood yo.

Oh man, the first version of that car looked so much better.  The windows are waaaaaay too small.   Looks ridiculous IMO
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RexAeterna

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Re: Thinking about a new car, need some help.
« Reply #19 on: May 06, 2012, 10:35:30 PM »

Oh man, the first version of that car looked so much better.  The windows are waaaaaay too small.   Looks ridiculous IMO

that's what i was trying to find at first but couldn't find it...ok i was just being lazy with google search. the first version be so perfect for a lego box car. only reason why i wanted one.
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''I'm a music lover. Not an audiophile.''

''The World is Study.''

''I have no special talent. I am only passionately curious.''

''Logic will get you from A to B. Imagination will take you everywhere.''
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