Re: As with our trolls, the...Nashton
|Subject||Re: As with our trolls, the problem wasn't the Mac Pro itself... It's the problem with the m|
|Date||02/21/2014 15:27 (02/21/2014 10:27)|
|Follows||Lloyd E Parsons|
On 2014-02-20 5:31 PM, Lloyd E Parsons wrote:
Lloyd E ParsonsAnd you know this, how exactly? Can you give us an example and break it down or are you just blowing smoke out of your ass?
On 2014-02-20 21:16:11 +0000, sms said:smsLloyd E Parsons
On 2/20/2014 5:42 AM, Lloyd E Parsons wrote:Brake Dive, Acceleration Squat, Body Roll Works LLCsms
On 2014-02-20 13:31:06 +0000, Sandman said:In article <firstname.lastname@example.org>, -hh wrote:Yep, a lease is a special deal.Well, "acquire" means "buys or obtain (an asset or object) for oneself" so it really doesn't apply to a rented car. It's not his.Well that certainly explains the vocabulary of "acquisition" instead of "purchase" or "buy".Nashton: I'm just enjoying my awesome acquisition.Sandman: You mean lease.
You get to use the car for a fixed fee, and unless you get a full service lease, you also get : 1. to pay for all maintenance services 2. to pay for the insurance, which is higher than for the same vehicle purchased. 3. In case of a total, how do you cover the gap between what the vehicle is worth and what the insurance company will pay the leasing company?
Buick has a 'special' lease program. Low mileage lease for 2 years with all maintenance included. Of course, if you buy a new Buick you also get 2 years of maintenance these days.
The funny part is that the cost of that maintenance if you just paid for it yourself would mostly be just some oil/filter changes. For GM's that's about $40 per event.
While I've never personally leased a vehicle, for some vehicle brands, for some situations, it can make sense, and Buick is one of those brands because of its poor resale value.
If you're buying a vehicle with poor resale value, and plan to keep it only 3-5 years, and there's a good lease deal, then leasing can be a better deal than buying.
In general only low mileage lease deals are better than buying. If you drive a lot, leasing can be no better than buying and sometimes even worse.
In my case, I wanted a car to see me through 5 years. Maximas are very reliable but I have a 5 year bumper to bumper, so anything that occurs, I'm covered.
If I had bought, my payments would have been close to $600 and with leasing, I'm paying $390/month with the same down payment.
Since I own 2 automobiles already, my mileage will be close to 20000 klms/year (hardly a low klm lease). At the end of the lease, residual value is $10000. My lease is for 24000 klm/year and I don't think I'll come even close to that by the end of the lease. I can turn around and buy the car and sell it for $13000, which will probably be in the ballpark of what it will be worth with only 85-90000 klms, if not more.
Let's do some math.
$200 savings month for 5 years.
$210 x 60 is $12600 in savings. If I get $13000 for the car at the end of the lease, I even make a profit of $3000.
Total savings: $15600 over 5 years, on a car that I would not have kept anyway beyond 5 years.
To boot, my company pays me 45 cents/klm, so it's at a minimum cost to me considering the tax savings, which would have not changed if I bought it outright.
Can you now explain why and how there is any truth in your tired platitudes about low resale values, low mileage and the rest, when I just proved that I''l be saving in excess of $15000 over the course of 5 years as opposed to buying?
I can go on 2 vacations a year on the money I'm saving, fer Christ's sake. Can any of you Mac advocates say anything of value, anything of consequence that holds any water?