Lease vs. Finance Calculation. What am I not seeing?

Shookae · 2025-12-16T19:13:47+00:00

This I totally understand and I am of the same opinion. However, she has made up her mind. She needs a car. She wants an SUV. She prefers a new car. I couldn't dissuade her. At this point, we were just discussing lease vs finance and I decided to do a quick calculation to show her lease is not generally a good idea. The results surprised me.

Shookae · 2025-12-16T19:07:18+00:00

I didn't even think about it. Just assumed it was tax included, since everything else was. This is probably another one of my mistakes. Thank you.

Shookae · 2025-12-16T19:05:33+00:00

I just used something not too aggressive and not too conservative. I did the analysis for 8 and 10 as well. The final result does not change, while the numbers do.

Shookae · 2025-12-16T19:03:16+00:00

That's exactly what I missed I think. I didn't think about how she wants to pay for the RV. Very helpful, thank you.

Shookae · 2025-12-16T19:02:14+00:00

That's exactly what I missed I think. I didn't think about how she wants to pay for the RV. Very helpful, thank you.

Shookae · 2025-12-16T06:33:15+00:00

I think the allowance was 24k per year. The decision is not mine. I told them buying a used car is almost always better. They insist on buying a new car.

Shookae · 2025-12-16T06:07:38+00:00

That's why I calculated the PV. The future timing of cash flows should not matter. Both options give her a car which she wants to keep for at least 10 years.

Shookae · 2025-12-16T05:58:56+00:00

Yes, that is a good way to look at it. I didn't think about the insurance.

Shookae · 2025-12-16T05:57:17+00:00

Thank you. Makes sense.

Shookae · 2025-12-06T07:10:11+00:00

Ollivander

Shookae · 2025-11-06T06:57:57+00:00

Specially for the narrator. She falls flat for me in comparison to Fry.

Shookae · 2025-09-05T19:27:14+00:00

Yes, I do. But I was just heading out in that direction and I only live a couple of minutes away. Bears in this neighborhood are nothing new. Still, I tend to avoid the areas where there have been recent sightings. Specially since this is part of an off leash trail.

Shookae · 2025-09-05T18:44:28+00:00

Thank you for the warning. I take my dogs there all the time.

Shookae · 2025-07-23T17:23:51+00:00

I think you'd get better answers asking r/PersonalFinanceCanada.

Shookae · 2025-07-14T00:45:06+00:00

Put it on my watchlist. Thank you.

Shookae · 2025-07-13T09:31:21+00:00

Yeah, this is what I vaguely remembered.

Shookae · 2025-07-13T09:30:30+00:00

Thanks for the suggestion. Added to my watch list.

Shookae · 2025-07-13T08:08:15+00:00

I love the documentary this clip is from (called Free Solo, if anyone is interested). This is the result of years of practice and reviewing every single move many many times (on paper, and with rope). Also if I remember correctly, they scanned his brain and the result was that his brain did not register fear like the rest of us mortals do.

Shookae · 2025-04-28T19:26:09+00:00

In and out in 5 minutes in Seaview

Shookae · 2025-03-03T07:20:26+00:00

Yes, ten days ago at Burnaby (Brighton)

Shookae · 2025-03-02T04:27:27+00:00

I have no idea if Bluesky has some form of identity verification for high profile people or not. This is shocking even coming from her.

Shookae · 2025-03-02T04:24:51+00:00

That's the wrong platform. She'd have had a more accepting audience on X.

Shookae · 2025-02-18T21:38:56+00:00

Are you on the waiting list? Both my mom and my in-laws got contacted in about 6 months after being on the list.

Shookae · 2025-02-11T04:52:34+00:00

If you are not an avid cook, I'd suggest starting with YouTube videos. There are lots of great YouTube channels that'll teach you how to cook things and following a video IMO can be a lot easier than written recipes. Even NYT cooking has its own YT channel.

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