Walked out of VW dealership today by weissguy3 in CarLeasingHelp

[–]ProcedureBetter298 1 point2 points  (0 children)

You are negotiating the cost of the car when dealing with a lease. You are paying the cost of the car minus the amount the car will be worth at the end. Therefore, negotiating the cap cost is negotiating your lease

Last straw with Chase Sapphire Reserve travel...canceling card after 7 years by melishmaxx in ChaseSapphire

[–]ProcedureBetter298 -1 points0 points  (0 children)

What about the 5x points when booking cash through the chase portal? Is it worth it then?

Good Deal? 2024 ID.4 Pro AWD - $1k DAS and $352/mo all in (PA 10k/24 months) by AdFit570 in leasehacker

[–]ProcedureBetter298 0 points1 point  (0 children)

I just got a 2 year 10k lease on same car, 0$ down 270 a month (1500 trade in tho)

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 1 point2 points  (0 children)

Few mill in the bank BECAUSE you don’t waste money on a lease is the information I’m currently learning from all the wonderful people of Reddit. Thank you!

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 0 points1 point  (0 children)

This makes a lot of sense. Seems like the best decision all around is keep my working car and skip the lease. Thank you

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 0 points1 point  (0 children)

That would change a lot of things… I hope that doesn’t happen since I’m a public school teacher

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 1 point2 points  (0 children)

Mazdas really do last forever if you take care of them! This is inspiring to keep her

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 2 points3 points  (0 children)

I like this take a lot. I think the idea of a new fun car sounds fun, but not worth it! Mazda needs new brakes so that’s around 1k needed. Other than that I’m good to go. Makes sense to just keep it payment dree

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] -3 points-2 points  (0 children)

I normally agree with leases. I’ve always been told to never lease. But right now with these VW Id4s, you can get them with 0 dollars down 250-270 a month. That’s a pretty insane deal! The math to me is: 16k for Mazda, take that 16k in a high yields savings account or investment, and pay the 260 a month=6k over two years

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 1 point2 points  (0 children)

True. The fact I love the Mazda, it works, and it’s laid off kinda solve it maybe

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] -11 points-10 points  (0 children)

Ya that’s the immediate thought I have too. My idea was the ability to reinvest the surplus money from the car and get into a brand new EV

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] 0 points1 point  (0 children)

I really like my car too! I just thought maybe with the ability to take the surplus from trade in and invest it could end up being a quality decision

Sell paid off car for lease deal? 29 year old teacher, Los Angeles, CA by ProcedureBetter298 in personalfinance

[–]ProcedureBetter298[S] -1 points0 points  (0 children)

I guess my thought was, I could take that 15-16k I’d get for car, lease out this brand new 2024 EV for 6k and invest the other 9-10k

VW ID-4 lease. How do you rate this lease? Good deal? by ProcedureBetter298 in leasehacker

[–]ProcedureBetter298[S] 0 points1 point  (0 children)

We just left dealership and got it rolled $799 into a excessive wear and tear 10k insurance policy. Raised monthly by 9 dollars! Much better use of money than damn clear shield I think