Leasing the BRZ - Page 3 - Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community

foshjowler · 10-25-2023, 08:20 AM

A major reason I leased mine is that I have a bad habit of trading cars in after 1.5 - 2 years. A 3 year lease makes it a little harder to trade in on a whim. The money factor at 2% was favorable to a loan as well. I also only drive it but maybe 7-8k miles a year. The other nice thing about a lease is that at the end you get the option to buy it out or turn it back in. If the car is worth a lot more than the residual at the end, then buy it and sell it. If it's worth a lot less, turn it in at little to no cost to you.

Ernest72 · 10-26-2023, 11:23 AM

Quote:

Originally Posted by foshjowler

A major reason I leased mine is that I have a bad habit of trading cars in after 1.5 - 2 years. A 3 year lease makes it a little harder to trade in on a whim. The money factor at 2% was favorable to a loan as well. I also only drive it but maybe 7-8k miles a year. The other nice thing about a lease is that at the end you get the option to buy it out or turn it back in. If the car is worth a lot more than the residual at the end, then buy it and sell it. If it's worth a lot less, turn it in at little to no cost to you.

The cost with leasing is always having payments. It’s nice to have a car without them. Going on 16 years with no payments on my 04 WRX and 3 years with no payments on my 16 BRZ. Leasing does provide that new car smell/feel, but you pay for it.

Dadhawk · 10-26-2023, 11:49 AM

Quote:

Originally Posted by Ernest72

The cost with leasing is always having payments. It’s nice to have a car without them. Going on 16 years with no payments on my 04 WRX and 3 years with no payments on my 16 BRZ. Leasing does provide that new car smell/feel, but you pay for it.

Agreed, but you have to not be a chronic car buyer to get there.

foshjowler · 10-26-2023, 12:09 PM

Oh, I'm very aware of how much having car ADD costs me, but here we are still wanting a Cayman.

10-25-2023, 08:20 AM	#29
foshjowler Senior Member Join Date: Mar 2022 Drives: 2022 BRZ; 2014 BRZ Location: North Carolina Posts: 156 Thanks: 3 Thanked 83 Times in 57 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	A major reason I leased mine is that I have a bad habit of trading cars in after 1.5 - 2 years. A 3 year lease makes it a little harder to trade in on a whim. The money factor at 2% was favorable to a loan as well. I also only drive it but maybe 7-8k miles a year. The other nice thing about a lease is that at the end you get the option to buy it out or turn it back in. If the car is worth a lot more than the residual at the end, then buy it and sell it. If it's worth a lot less, turn it in at little to no cost to you. __________________ 2022 BRZ 2014 BRZ 1991 Miata Autox Videos

10-26-2023, 12:09 PM	#32
foshjowler Senior Member Join Date: Mar 2022 Drives: 2022 BRZ; 2014 BRZ Location: North Carolina Posts: 156 Thanks: 3 Thanked 83 Times in 57 Posts Mentioned: 1 Post(s) Tagged: 0 Thread(s)	Oh, I'm very aware of how much having car ADD costs me, but here we are still wanting a Cayman. __________________ 2022 BRZ 2014 BRZ 1991 Miata Autox Videos

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