• svegliando avatar svegliando Posted: 6/5/2013 9:50am PDT

    It seems that there is an overall shift towards a lease model in many areas. Even for those who finance, I'd be willing to bet that most purchase a new vehicle before the old one is paid off. Long gone are the days of paying off a mortgage. Even major software applications are moving to that model.

    Sadly, in a society where everything is becoming so transient, the "pride of ownership" is a casualty.

  • jwplunkett avatar jwplunkett Posted: 6/5/2013 11:00am PDT

    Vehicle industry is also going thru MAJOR engineering Transition -Hybrid, Clean Diesel, 100% Electric, 8 Speed Trans, Future Hydrogen Fuel Cell, 10 and 12 Speed Transmissions all seeking to enhance Driver Experience, Fuel Economy, Luxury etc... so to that end may I suggest 3 Year LEASE at present is a great OPTION ... dont lock yourself into any Technology ... Wait to Purchase until Vehicle Technology is PROVEN reliable / becomes a standard for next 10 yrs or SO ... Lease allows the customer to easily move into the NEXT enhanced Technology -- My two cents worth

  • svegliando avatar svegliando Posted: 6/7/2013 10:10am PDT

    For the most part, I think you are spot on. The life-cycle of technology is growing shorter. Once something is "proven", it becomes outdated (either improved or replaced) by the next big advance. Granted, a lot of it is marketing hype and planned obsolescence. For those of us looking for a longer term option, it's a complicated playing field.

  • ModernMode avatar ModernMode Posted: 6/5/2013 11:30am PDT

    There are negatives to leasing. Drive too many miles...pay a penalty. Don't take excellent care of the care...pay a penalty. So when you turn it in chances are you'll have to pay extra.

  • fastdriver avatar fastdriver Posted: 6/5/2013 12:26pm PDT

    Yes, there are negatives. I suppose if you are a slob and an irresponsible person, then leasing is NOT for you. I treat my leased vehicle the same as if I owned it. When my car is returned at lease end, it is as good as the day I picked it up!

    Usually the dealer ends up buying the car from the leasing company because of the excellent condition the car is in. The only thing the dealer needs to do with my car is take off the license plates and put the car on their front line! I take pride in ownership.

  • car follower avatar car follower Posted: 6/8/2013 7:58pm PDT

    I have leased at least a half dozen cars now. I look after the car, maintain it as if I own it. Then I let people know that have it leased and the date the lease ends. On most occasions I line up a buyer and there' s been times when my leased car that I turned in went back out to a new owner within a day.

  • fastdriver avatar fastdriver Posted: 6/5/2013 12:19pm PDT

    I have been leasing for decades for several reasons. First of all, I get tired of the same car after a while, no matter how much I like it. I also do not like to own a car that has no warranty because repairs are so expensive and finding a good mechanic is difficult without getting ripped off.

    In addition, if you end up with a lemon and for reasons beyond your control cannot file a Lemon Law claim, then YOU are stuck with a piece of crap that YOU have to sell, trade in whatever at a much depreciated value because it is defective. A car with a long warranty or buying an extended warranty is USELESS if the dealer/manufacturer claim that there is nothing wrong with the car.

    I love leasing. If there is a problem the manufacturer gets it back

  • Jpflyer avatar Jpflyer Posted: 6/5/2013 6:19pm PDT

    I think the high price of the vehicle is the reason there are so many people leasing, if people had to have the cash to purchase or at least a good down payment the price of cars would be a good deal lower. It is the low interest & no money down that is enabling buyers to keep on getting new cars. The dealers are making a huge profit at the expense of the buyer that can not afford to purchase it outright. This Kind of consumer debt is out of control as I see it
    Thanks

  • jwplunkett avatar jwplunkett Posted: 6/8/2013 10:06am PDT

    -Missed Natural Gas Powered Vehicle Engines per my earlier Post
    -Consider the VAST Natural Gas exploration ( Shale )Locations
    -However SAFE Fracking Requirements along with Third party Monitoring to verify all Steps in extracting Natural Gas is being performed with Environmental safety FIRST and Foremost
    -Major Financial Fines applied as required
    -GLOBAL warming concern
    Natural Gas powered vehicles far exceed the CLEAN burn of the Fuel as compared to conventional Petro Gasoline
    -USA JOBS in the Natural Gas exploration & extraction
    -USA manufacturing coming back due to Clean Natural Gas
    -USA has Got to get OFF the Petro Gasoline for our financial security of America -- OPEC has us held hostage to Petro
    -GO Natural Gas