Post by
J-Owner »
https://forums.nicoclub.com/j-owner-u3840.html
Fri May 19, 2006 9:09 am
But if you are going to lease then do not put any money down. Use the $2K you hopefully have and just pay the TT&L.
A car is a depreciable asset (more like liability as a car is never an asset unless it is paid for) so if it depreciates and you don't own it (as you would be leasing) why would you put any money down?
I wouldn't. That is why when you lease you are doing nothing more than throwing your money away. Yes, you get to drive a cool expensive new car evey three years but at what price? Your retirement? vacations? clothes? etc.
I am a banker and you simply don't get richer or richer by burning money. My point is a lease payment IS cheaper, with no money down a lease payment is STILL cheaper than buying the car. the payment would be higher without money down but cheaper than owning.
As such do not put money down on a lease, just pay the TT&L. It doesn't matter what the resale value is as that has nothing to do with it. Just my 2 cents on leases.
Oh....and I do agree, the Gcoupe has an excellent resale value.