Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Leasing a car is the absolute most potato thing you can do
  1. Results 61 to 90 of 120
  2. Page 3 of 4
  3. First
  5. 1
  6. 2
  7. 3
  8. 4
  10. Last

Thread: Leasing a car is the absolute most potato thing you can do

post 1555991371 07-11-2018, 11:03 AM
-
#61
  1. StormRunner
  2. Copierbrah
  1. StormRunner
  2. Copierbrah
  3. Join Date: Aug 2014
  4. Location: Harrisburg, Pennsylvania, United States
  5. Posts: 363
  6. Rep Power: 2757
See sig. Nuff said.
<HTC>
post 1555991411 07-11-2018, 11:04 AM
-
#62
  1. cobhc
  2. Structural Engineer Brah
  1. cobhc
  2. Structural Engineer Brah
  3. Join Date: Dec 2010
  4. Location: Brooklyn, New York, United States
  5. Posts: 44,106
  6. Rep Power: 281429
Originally Posted By Dan_S⏩
Pretty sure the misc is the only place on the internet where I've ever seen leasing being called a "good financial option."

It's always a badfinancialoption for an individual to lease (this is barring playing with taxes).

Is it a good option for other reasons? Sure. Everyone always throws out "I like new cars" and stuff like that. Financial is only one aspect of the car lease, but it's always a bad one.
This post and his false sense of intellectual perspective is the cancer killing America.

Is everyone from California a moron?
NEW YORK FOOTBALL GIANTS
RED BULL RACING
post 1555992011 07-11-2018, 11:10 AM
-
#63
  1. Maverickyo
  2. Registered User
  1. Maverickyo
  2. Registered User
  3. Join Date: Jun 2011
  4. Posts: 1,258
  5. Rep Power: 1213
You can write off a car lease if its through a business... that is 6k+ in tax write off... but only the poor and dumb use it eh? not to mention not all of us like driving the same Toyota Corola for 10 years.
*Always pick 4 crew*

*Wvu football*

Manlet of manlets u mad?
post 1555992421 07-11-2018, 11:14 AM
-
#64
  1. Aesthetical
  2. Truth Teller
  1. Aesthetical
  2. Truth Teller
  3. Join Date: Jan 2011
  4. Location: United States
  5. Posts: 20,985
  6. Rep Power: 53117
Originally Posted By Maverickyo⏩
You can write off a car lease if its through a business... that is 6k+ in tax write off... but only the poor and dumb use it eh? not to mention not all of us like driving the same Toyota Corola for 10 years.
Some of us dont like being eternally debted to a car.
PUBG - X1
xX nRAG3D Xx

MCC Crew: WTC crew
post 1555992631 07-11-2018, 11:15 AM
-
#65
  1. cobhc
  2. Structural Engineer Brah
  1. cobhc
  2. Structural Engineer Brah
  3. Join Date: Dec 2010
  4. Location: Brooklyn, New York, United States
  5. Posts: 44,106
  6. Rep Power: 281429
Originally Posted By Aesthetical⏩
Some of us dont like being eternally debted to a car.
Then pay the lease in full you idiot.
NEW YORK FOOTBALL GIANTS
RED BULL RACING
post 1555992641 07-11-2018, 11:15 AM
-
#66
  1. JUGGERNAUT1333
  2. Vin Diesel Brah
  1. JUGGERNAUT1333
  2. Vin Diesel Brah
  3. Join Date: Jun 2014
  4. Posts: 27,542
  5. Rep Power: 292873
Originally Posted By jamalfudge⏩
Wouldn't be terrible if there was no down payment. I mean, $250/month for 3 years on a depreciating asset would be ok if you didn't have to drop 3k on it first.
This is the only downfall. Otherwise you'd have a brand new car, fully under warranty, that you get to just give back after the lease is up. Dropping 3K that you'll never see again sucks though.
6'1 - 240lbs

<HTC>
post 1555992891 07-11-2018, 11:18 AM
-
#67
  1. cobhc
  2. Structural Engineer Brah
  1. cobhc
  2. Structural Engineer Brah
  3. Join Date: Dec 2010
  4. Location: Brooklyn, New York, United States
  5. Posts: 44,106
  6. Rep Power: 281429
Originally Posted By jamalfudge⏩
Wouldn't be terrible if there was no down payment. I mean, $250/month for 3 years on a depreciating asset would be ok if you didn't have to drop 3k on it first.
If you lease a car always lease with zero money down/up front.

There's cars cheaper than $250 a month without putting any money down.
NEW YORK FOOTBALL GIANTS
RED BULL RACING
post 1555993041 07-11-2018, 11:19 AM
-
#68
  1. Aesthetical
  2. Truth Teller
  1. Aesthetical
  2. Truth Teller
  3. Join Date: Jan 2011
  4. Location: United States
  5. Posts: 20,985
  6. Rep Power: 53117
Originally Posted By cobhc⏩
Then pay the lease in full you idiot.
Why would anyone lease a car thats less than $30k sticker price?

Who the fuk is going to pay $20k cash at the end of the lease to buy it out you fukin potato.

News Flash: Majority of the people in the US dont even have $1k in their savings and your solution is yo buy out a lease. Fuking lol.
PUBG - X1
xX nRAG3D Xx

MCC Crew: WTC crew
post 1555993311 07-11-2018, 11:22 AM
-
#69
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  3. Join Date: Aug 2012
  4. Location: Denver, Colorado, United States
  5. Age: 34
  6. Posts: 12,072
  7. Rep Power: 103201
Originally Posted By cobhc⏩
This post and his false sense of intellectual perspective is the cancer killing America.

Is everyone from California a moron?
S'cuse me? You have no idea what I do for a living or any tangible support for my intellect. You my friend are nothing more than the self-righteous trying to call other people self-righteous.

How in the hell did this thread ever come into an argument? Mind is blown.
6'5 220
i can bench press 135 pounds on a good day
post 1555993521 07-11-2018, 11:26 AM
-
#70
  1. cobhc
  2. Structural Engineer Brah
  1. cobhc
  2. Structural Engineer Brah
  3. Join Date: Dec 2010
  4. Location: Brooklyn, New York, United States
  5. Posts: 44,106
  6. Rep Power: 281429
Originally Posted By Aesthetical⏩
Why would anyone lease a car thats less than $30k sticker price?

Who the fuk is going to pay $20k cash at the end of the lease to buy it out you fukin potato.

News Flash: Majority of the people in the US dont even have $1k in their savings and your solution is yo buy out a lease. Fuking lol.
Damn dawg, you ever filled out a W2 or paid taxes?

I didn't say buy out the vehicle, I said you can pay the depreciated value of the vehicle in one payment and not have a "debt."

With leasing, price is only relevant to residual value.

If you can't afford a lease "debt" then you sure as chit can't afford a car loan either.
Originally Posted By MarinoMike⏩
S'cuse me? You have no idea what I do for a living or any tangible support for my intellect. You my friend are nothing more than the self-righteous trying to call other people self-righteous.

How in the hell did this thread ever come into an argument? Mind is blown.
Phuckin' ethered us all with this thread brah.
NEW YORK FOOTBALL GIANTS
RED BULL RACING
post 1555993711 07-11-2018, 11:28 AM
-
#71
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  3. Join Date: Aug 2012
  4. Location: Denver, Colorado, United States
  5. Age: 34
  6. Posts: 12,072
  7. Rep Power: 103201
Originally Posted By cobhc⏩
Phuckin' ethered us all with this thread brah.
Keep your chin up.
6'5 220
i can bench press 135 pounds on a good day
post 1555993911 07-11-2018, 11:30 AM
-
#72
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
I think paying anything more than 10% of annual income for a car (with cash) is stupid, but what do I know?
post 1555993971 07-11-2018, 11:30 AM
-
#73
  1. TommyRO
  2. Always keeping it Real
  1. TommyRO
  2. Always keeping it Real
  3. Join Date: Dec 2015
  4. Location: Prince From, Lagos, Nigeria
  5. Posts: 28,971
  6. Rep Power: 379644
Originally Posted By MuzzieChik786⏩
I've walked to work many times when the weather was good. Riding makes my tushie hurt.
They have bike cushions now days
****Bringing sixy back in 2019****
6'6" 666lbs......str8 sixy!

Who Tests God and Does Not Wager Their Lives?
post 1555994351 07-11-2018, 11:34 AM
-
#74
  1. TypeNirvash
  2. World Warrior
  1. TypeNirvash
  2. World Warrior
  3. Join Date: Aug 2012
  4. Posts: 23,195
  5. Rep Power: 26070
I mean leasing a car > running to work/the gym/boxing practice and back

I know exactly which one I'm not doing again. What's smart is not always practical depending based on your financial capabilities. What you value is really what determines what is and isn't a smart choice, in this case, our values do not align.

/thread
post 1555994661 07-11-2018, 11:37 AM
-
#75
  1. dominicbogdan
  2. Registered User
  1. dominicbogdan
  2. Registered User
  3. Join Date: Feb 2015
  4. Posts: 34
  5. Rep Power: 0
It doesn't worth the money, they rip you off, I rather go with public transportation.
advertising not permitted
post 1555995121 07-11-2018, 11:41 AM
-
#76
  1. MrAWatts
  2. Cellphone elitist
  1. MrAWatts
  2. Cellphone elitist
  3. Join Date: Apr 2009
  4. Location: Dallas, Texas, United States
  5. Age: 38
  6. Posts: 23,428
  7. Rep Power: 132228
Originally Posted By Aesthetical⏩
Why would anyone lease a car thats less than $30k sticker price?

Who the fuk is going to pay $20k cash at the end of the lease to buy it out you fukin potato.

News Flash: Majority of the people in the US dont even have $1k in their savings and your solution is yo buy out a lease. Fuking lol.
You are the 30k/yr earner advocating for paying for a car in cash when you could easily use that money for a number of other things to better result. Thats a broke mindset.



Originally Posted By HMFIC_BROWSIN⏩
I think paying anything more than 10% of annual income for a car (with cash) is stupid, but what do I know?
LOL so the majority of the country should drive vehicles for $4500? LMAO


Originally Posted By dominicbogdan⏩
It doesn't worth the money, they rip you off, I rather go with public transportation.
Yeah brah it doesn't worth the money
535 deadlift.
*If you can't lift it without straps you can't lift it crew
*Morrowind is the best game of all time crew
*Double everything Chipotle Crew
*Style crew
*Sig line can't be a novel crew
post 1555995481 07-11-2018, 11:45 AM
-
#77
  1. Aesthetical
  2. Truth Teller
  1. Aesthetical
  2. Truth Teller
  3. Join Date: Jan 2011
  4. Location: United States
  5. Posts: 20,985
  6. Rep Power: 53117
Originally Posted By MrAWatts⏩
You are the 30k/yr earner advocating for paying for a car in cash when you could easily use that money for a number of other things to better result. Thats a broke mindset.








LOL so the majority of the country should drive vehicles for $4500? LMAO







Yeah brah it doesn't worth the money
I earned $30k fresh out of college in 2011.
I would have suicided already if I was still making that money.

And yes, the majority of the country should be driving used base model civics for like $6k

My wife bought a used 2008 mazda3 with 130k miles in 2015 for $6k, no power locks, roll up windows, standard, up until last year when she moved into a higher paying position and sold it to my uncle who needed a beater. But the thing was reliable, great on gas, didnt break, was paid off before we drove it off the lot, and wasnt debted to a piece of metal.
PUBG - X1
xX nRAG3D Xx

MCC Crew: WTC crew
post 1555996081 07-11-2018, 11:51 AM
-
#78
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By MrAWatts⏩
LOL so the majority of the country should drive vehicles for $4500? LMAO
Considering the average American has <$1k saved up, and $6,375 in credit card debt, I'd say they should be riding bikes, not cars.
post 1555996931 07-11-2018, 12:00 PM
-
#79
  1. guest89
  2. Forever aBOARD
  1. guest89
  2. Forever aBOARD
  3. Join Date: Sep 2003
  4. Location: United States
  5. Posts: 41,701
  6. Rep Power: 170156
Originally Posted By wisdommaster1⏩
lol at not buying a car in cash

srs
Only a good idea for really poor people or really rich people.
Originally Posted By JUGGERNAUT1333⏩
This is the only downfall. Otherwise you'd have a brand new car, fully under warranty, that you get to just give back after the lease is up. Dropping 3K that you'll never see again sucks though.
The only way you don't lose money on a car is if you get a good deal on a used vehicle and it either doesn't depreciate much more. Or you buy a used exotic/rare and it appreciates.


You shouldn't look at losing money on a car. You should look at it as though you paid __ amount of money to own/use __ item. Sure if you don't drive a vehicle much you can buy a new vehicle and keep it for 12-15 years. But who the fukk wants do drive the same vehicle for that long?

Originally Posted By Aesthetical⏩
Some of us dont like being eternally debted to a car.
Originally Posted By Aesthetical⏩
I earned $30k fresh out of college in 2011.
I would have suicided already if I was still making that money.

And yes, the majority of the country should be driving used base model civics for like $6k

My wife bought a used 2008 mazda3 with 130k miles in 2015 for $6k, no power locks, roll up windows, standard, up until last year when she moved into a higher paying position and sold it to my uncle who needed a beater. But the thing was reliable, great on gas, didnt break, was paid off before we drove it off the lot, and wasnt debted to a piece of metal.
You keep saying debted to a car like its some massive amount of money you have to slave away for. Assuming the average monthly note is in the $300-500 range. For some people that is an inconsequential amount of money.


After my living expenses, savings, investments and retirements are taken out I also have $460.00 budgeted per month towards a vehicle note. No matter what I'll be subtracting a minimum of $460.00 per month specifically for that purpose. Leasing makes perfect sense for someone like me. If I decide to pay off and keep my truck I'll most likely lease a second 'fun' vehicle. Or get a second MC.
post 1555998351 07-11-2018, 12:13 PM
-
#80
  1. dcycles
  2. Registered User
  1. dcycles
  2. Registered User
  3. Join Date: Jun 2015
  4. Age: 36
  5. Posts: 1,597
  6. Rep Power: 8086
Originally Posted By Aesthetical⏩
Some of us dont like being eternally debted to a car.
you said you would pay cash for the whole car but let's say that's 20-30k cash you just "tied up" in a rapidly depreciating asset.. why wouldn't you lease or finance with rates in the 2-3%?? Can't you get a better return on your cash than that? Some of you guys completely suprise me when talking about finances..
Dl-585
Squat-475
Bench-395
post 1555998691 07-11-2018, 12:17 PM
-
#81
  1. FastBack6
  2. Registered User
  1. FastBack6
  2. Registered User
  3. Join Date: Aug 2015
  4. Age: 34
  5. Posts: 3,946
  6. Rep Power: 11960
Hmmm got my brand new Sierra for $350 per month for 36 months and can go get a new Denali when this one is up or pay $750 a month for 5 years and own a clunker with 100,000 miles on it once it’s paid off in full. Yea that’s a real tough decision there OP. One day maybe you’ll have a decent job where you can afford to lock in 3 years of easy payments and have a nice car too.
post 1555998971 07-11-2018, 12:19 PM
-
#82
  1. FastBack6
  2. Registered User
  1. FastBack6
  2. Registered User
  3. Join Date: Aug 2015
  4. Age: 34
  5. Posts: 3,946
  6. Rep Power: 11960
Originally Posted By heyitmekrokodil⏩
just lol if you lease a car

brb actual slavery. Literally working to pay off your car or you get blacklisted.
What’s the alternative? Drive a ‘97 Civic you paid cash for? In B4 “BuT iTs MInE anD I oWn iT.”
post 1555999151 07-11-2018, 12:21 PM
-
#83
  1. Vhagar
  2. Forever Santa
  1. Vhagar
  2. Forever Santa
  3. Join Date: Dec 2012
  4. Posts: 34,158
  5. Rep Power: 456085
Originally Posted By heyitmekrokodil⏩
Doesn't take a 48 year old guy to understand that leasing is for poor or dumb people.
Or it’s for people that can easily afford a car payment and want a new vehicle every few years
post 1555999611 07-11-2018, 12:25 PM
-
#84
  1. PowersKenny
  2. Registered User
  1. PowersKenny
  2. Registered User
  3. Join Date: Apr 2016
  4. Age: 52
  5. Posts: 7,967
  6. Rep Power: 18951
Originally Posted By Aesthetical⏩
Some of us dont like being eternally debted to a car.
Eternal is a big word you financial no nothing...a lease is usually 3 to 5 years with very positive tax implications as we've said..yes average poor person..no but you talk like you know everything and you don't..go on to a different subject you know more about " talking about things you don't know"
post 1555999761 07-11-2018, 12:26 PM
-
#85
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By dcycles⏩
you said you would pay cash for the whole car but let's say that's 20-30k cash you just "tied up" in a rapidly depreciating asset.. why wouldn't you lease or finance with rates in the 2-3%?? Can't you get a better return on your cash than that? Some of you guys completely suprise me when talking about finances..
I'd buy a $6k car and invest the extra $14-$24k. Also id continue investing the $100/month I'm saving on insurance over the life of my cash-bought car... Not to mention cheaper tires, lower maintenance costs, lower registration fees, lower taxes, etc etc etc
post 1556000491 07-11-2018, 12:32 PM
-
#86
  1. Messiahtype
  2. Registered User
  1. Messiahtype
  2. Registered User
  3. Join Date: Oct 2008
  4. Posts: 8,948
  5. Rep Power: 12426
1. A lot of miscers don't understand what a depreciating asset is.
2. A lot of miscers are in a financial position that they worry about where $400/month goes


My car is paid for. But IDGAF about cars. Not at all. If my car broke down tomorrow, I would go lease something. Wouldn't even fix it. I have the cash to go buy a car outright. But why? Here, take my $50K right now and turn it into $25K in two years.

vs.

$500/month on a lease over the course of 3 years = $18k

Now what do you think will make my money work the best for me...keeping that $50K invested or spending it on something that loses value by the hour?

Misc is full of smarts today.
post 1556000541 07-11-2018, 12:32 PM
-
#87
  1. askem
  2. Registered User
  1. askem
  2. Registered User
  3. Join Date: May 2009
  4. Location: Chicago, Illinois, United States
  5. Posts: 8,725
  6. Rep Power: 10316
Pay cash for a decent car and use that $300-$600 per month you would have used for the payment and invest it??
post 1556001031 07-11-2018, 12:37 PM
-
#88
  1. sickkentbrah
  2. Registered User
  1. sickkentbrah
  2. Registered User
  3. Join Date: Aug 2011
  4. Age: 34
  5. Posts: 1,123
  6. Rep Power: 638
Originally Posted By Messiahtype⏩
1. A lot of miscers don't understand what a depreciating asset is.
2. A lot of miscers are in a financial position that they worry about where $400/month goes


My car is paid for. But IDGAF about cars. Not at all. If my car broke down tomorrow, I would go lease something. Wouldn't even fix it. I have the cash to go buy a car outright. But why? Here, take my $50K right now and turn it into $25K in two years.

vs.

$500/month on a lease over the course of 3 years = $18k

Now what do you think will make my money work the best for me...keeping that $50K invested or spending it on something that loses value by the hour?

Misc is full of smarts today.
this.
* Friday Night Miscing Crew *
post 1556001401 07-11-2018, 12:40 PM
-
#89
  1. esmile
  2. We're all gonna make it.
  1. esmile
  2. We're all gonna make it.
  3. Join Date: Apr 2009
  4. Age: 34
  5. Posts: 7,954
  6. Rep Power: 12321
I agree leasing is dumb but so is financing over 36 months. Best is to just buy a used car from auction, keep it for 2 years, sell it and repeat.
ok
post 1556001841 07-11-2018, 12:43 PM
-
#90
  1. BustaCapp
  2. Delivering Negs
  1. BustaCapp
  2. Delivering Negs
  3. Join Date: Dec 2002
  4. Location: Merseyside, The North, United Kingdom (Great Britain)
  5. Posts: 27,158
  6. Rep Power: 346296
Paying up front cash for a car these days is absolutely pathetic and feeble minded.

Today in the UK, the MOT laws have become so strict that if your car even emits the tiniest bit of smoke from the exhaust, then it fails.

BRB buying new engine on £300 car.

It's much more astute to hire-purchase or even indefinitely least a car so that it is changed before the manufacturers warranty expires.

These days it costs less to lease/hp a car than it does to catch a bus.
fist yourself
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts