Ha Ha..Exactly! Seriously, there's nothing wrong with marriage..Just trying to give my twisted prospective on things! Btw, I lease too.

 

Lol..J/k

 

My wife just read my post now I am in $hit. No milk for me.

 

Uh oh! Tell her we were just clowning,no biggy.

 

Tell her she a limited edition, and you just couldn't pass up the savings so your "purchased her"

 

^^^lol i'll try that one. But i think it will get me in the $hit furither.

 

As I read through the threads in this section I don't think I have come across one where the car wasn't leased.
Are there any owners on the forum that actually bought thier cars?

 

That's because buying is so straightforward.

Yes.

 

I own mine.

 

I bought mine. I can't even consider a lease because of the amount of miles I drive. If I put on a reasonable amount of miles and liked to switch cars every few years (which I don't), then I'd consider a lease.

 

I can afford a full car payment so I don't need a lease for the lower monthly payment. A person who's leasing will pay a hell of a lot more over the years than a person who finances the same car and pays it off and then doesn't have a car payment, depending on how long you actually keep the car after it's paid for. I'm coming out of a '96 Maxima that has been paid for since 2000. At $478 a month (I think thats how much my payment was), purchasing that car outright has put me over $40K ahead (without interest) financially compared to a person leasing new cars perpetually and having an equal payment every month during that same period.

I don't need to have a new car every few years at the expense of perpetually paying a car note. A leased car is always a financial liability, a purchased car becomes an asset as soon as it has positive equity (it's worth more than you owe on it) even though that amount will continually decrease, it's still an asset and not a liability. I can sell it 7 years from now and actually recoup some of what I paid. I also put too many miles on a car to lease - I actualy buy something I enjoy driving and drive it as much as I want to without concern for keeping the miles reasonable. I have 13K+ on a car under 5 months old. You can't do that if you're leasing.

Some lease to be able to drive a nicer car than they could afford to purchase.

When leasing does make sense for me is if you are leasing a car for business. I considered this but decided that it wasn't right for for me on the G - I want it to be all mine. I'll probably lease my wife a more expensive car through the business since the payment will be lower becasue all the money paid on the lease can be used as a business expense which helps tremendously with taxes.

Anybody have solid info on when they're bringing the Q back?

 

Bought mine coz I plan on keeping it for a while.

 

Just something to consider that is rarely ever mentioned. The way interest on a lease is calculated is different than on financing, you pay much more interest on a lease if both have the same lease/finance rate.

For example, say the car is projected to lose 50% of its value in 3 yrs, & the car's "purchase" price is $50 K. Therefore on a lease you're really "borrowing" 50% of the cars value, which is $25 K. Yet the way they calculate interest on a lease, it's like they're charging interest on the full $50 K, instead of $25 K.

I didn't know about this until I read it on Edmunds a while ago. Go to Infiniti's site & use the calculator. If the lease/finance rate is the same, you'll see that on a lease with:
0 down, & $25 K in depreciation (therefore you're "borrowing" $25 K)
vs
$25 K down & financing the other $25 K (therefore "borrowing" $25 K)
you pay so much more interest on the lease it's ridiculous.

 

I bought mine, but I had put down $15k in a trade-in and cash so my total loan amount was around $25 grand and worked out to be $450 a month for 63 months.

 

I've ALWAYS thought to myself "I'm keeping it till it dies"....



But, I've financed my last two cars only to either trade them in or sell them w/in 3yrs.... I thought this time I'd try leasing since, more than likely, I'll look at something new in 3yrs.