Are you leasing or buying?

[Swancoat]

Originally Posted by WingsofWar

Ill be leasing the BRZ until a STI model surfaces this way i wont be loosing money from depreciation and ill be well versed in the car before my final purchase. This is the only time ill be leasing because it makes sense to in my situation. I dont plan on owning and keeping the first AS1 until im satisfied with the model i get.

Uh, you're still paying for the depreciation. Unless the residual on this thing is MSRP...

The true advantage to leasing is the put option on the car. If for some reason, these things depreciate like crazy, and the resale gets slaughtered (more than Scion estimates by their residual), you have the option to walk away, paying only the depreciation that was expected at sales time. But nothing's free, and you pay for that option too (in the lease rate or possibly understated residual).

For the record, I'm buying. I don't really have a financial buy vs. lease argument though. I want to modify this car and track it, which I don't think will be very lease friendly.

[mines13]

Originally Posted by Swancoat

Uh, you're still paying for the depreciation. Unless the residual on this thing is MSRP...

The true advantage to leasing is the put option on the car. If for some reason, these things depreciate like crazy, and the resale gets slaughtered (more than Scion estimates by their residual), you have the option to walk away, paying only the depreciation that was expected at sales time. But nothing's free, and you pay for that option too (in the lease rate or possibly understated residual).

For the record, I'm buying. I don't really have a financial buy vs. lease argument though. I want to modify this car and track it, which I don't think will be very lease friendly.

This, although I do not plan on modding the car; It is inevitable. If my track record with cars speaks for me.

[Altezza_86]

buy buy buy!

[Zaku]

Honestly I don't want to make any financial decisions until I know exactly how much the two cars will cost. Think that's the best decision to make honestly.

[iff2mastamatt]

I have a $15,000 ready for a first down payment

[M-17]

Buying is the best route imo and I don't care all that much if an STI came out later (well maybe a little). I'd rather make this car my own and plan keeping it for as long as it still runs.

[kenny9438]

hmm wonder how much my '11 lancer could sell... that will probably be my down payment..

[Sall]

Ok hi everybody my first post,well heres my situation december of last year i purchase (loan) a scion tc 2011 its been a year ive been making all my payments on time and as u can guess im planning on trading my tc2 for this beauty ft86 the released may be on june 2012 and im planing on going to my
Dealer on december 2012 so tha will be 2 years of
From my initial
Purchase any advise of what are my pros and cons ?also
Does having GAP
Helps on
U trade ?? Any help is appreciated thanks !!

[Swancoat]

Originally Posted by Sall

Ok hi everybody my first post,well heres my situation december of last year i purchase (loan) a scion tc 2011 its been a year ive been making all my payments on time and as u can guess im planning on trading my tc2 for this beauty ft86 the released may be on june 2012 and im planing on going to my
Dealer on december 2012 so tha will be 2 years of
From my initial
Purchase any advise of what are my pros and cons ?also
Does having GAP
Helps on
U trade ?? Any help is appreciated thanks !!

Advice:
-GAP is for if you write off the car. Not helpful on trade.

-If the dealer is offering you a crappy deal (and they will, that's how they eat), be prepared to sell your car privately, and then negotiate a purchase of a new car. You'll get a better price on your car, but more importantly, you'll be in a MUCH better negotiating position.

-You probably should have leased. If you're going to trade up every two years, it's easier.

-Proofread your posts. I know this is 90% english, but that last 10% is killing me.

[Sall]

Originally Posted by Swancoat

Advice:
-GAP is for if you write off the car. Not helpful on trade.

-If the dealer is offering you a crappy deal (and they will, that's how they eat), be prepared to sell your car privately, and then negotiate a purchase of a new car. You'll get a better price on your car, but more importantly, you'll be in a MUCH better negotiating position.

-You probably should have leased. If you're going to trade up every two years, it's easier.

-Proofread your posts. I know this is 90% english, but that last 10% is killing me.

Lmfao im sorry im posting from my iphone and it gets really dumb when typing,and i know leasing was a better option but i wasnt planning on trading but after seeing this car i cant help it ,will see wht happens next yerar thanks for your advice

[Snoopyalien24]

Buy 2nd or 3rd year released. Or at least when the TRD/STI verion comes out

[Sall]

Originally Posted by Swancoat

Advice:
-GAP is for if you write off the car. Not helpful on trade.

-If the dealer is offering you a crappy deal (and they will, that's how they eat), be prepared to sell your car privately, and then negotiate a purchase of a new car. You'll get a better price on your car, but more importantly, you'll be in a MUCH better negotiating position.

-You probably should have leased. If you're going to trade up every two years, it's easier.

-Proofread your posts. I know this is 90% english, but that last 10% is killing me.

I know maybe this is off topic but selling my car privately befor maturity date affects my credit score #just asking

[Swancoat]

I have no idea.

[xrs]

I'm planning on leasing this car. Rather have a smaller monthly payment on a vehicle I'd be getting rid of in the next two/three years. ("whisper whisper" for the special edition model)