Hey guys and gals. Sorry this is my first post. I haven`t done an introduction post but I had to chime in. This is a great thread.
Vehicles do cost way to much. It`s truly ludicrous. At the moment I lease. I have a 2014 gmc sierra. I`m actually pretty excited about the lease for a bunch of reasons. I don`t look at it like I`m accepting a car payment for the rest of my life. I could easily go buy a cheaper used vehicle and pay it off in a couple years.
I only had a late model Tahoe for trade and they gave me 1500 for it. Could I have got more selling it...sure but the difference wasn`t worth the hassle. I was looking at buying an 09 with 40,000 miles on it. I would have had to take payments out to 5 years to be able to afford it. Luckily a family friend is the salesman I deal with. Great guy. He said I could lease a brand new truck for an extra $30 a month. Sounds like a no brainer for me. They even pay for all the maintenance for two of the three years. I live in upstate new York so rust is a huge problem. By the time I payed off the 09 there wouldn`t be much left of it and that`s very discouraging. It`s the main reason I don`t want to buy a brand new truck. I`ve seen year old vehicles here with the wheel wells bubbling and rust poking out. How can I justify a huge payment with not much to show for after I own it.
Now in three years I can give it back and have something new to play with. I feel like newer vehicles are obviously much safer and that makes me feel better when the family is in the truck.
Later in life...who know maybe I`ll buy a beater DD. And then actually buy a new summer vehicle that I own.
Everybody has different reasons to lease or buy but the bottom line is they are all too expensive. Just wanted to share my story. Thanks for reading.
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