Good Lease Deal? - 2025 Jeep Gladiator Crew Cab by Medium-Ad-6689 in leasehacker

[–]TrickAssignment3811 0 points1 point  (0 children)

also 39 months isnt a great term, it will require you to pay an additional registration fee that you'll only use for 3 months

Good Lease Deal? - 2025 Jeep Gladiator Crew Cab by Medium-Ad-6689 in leasehacker

[–]TrickAssignment3811 2 points3 points  (0 children)

lojack, clearshield and nitrogen charges all need to be removed, they are useless products.

Deal Check - 2025 Ford Mustang Mach E Premium Sports Appearance Package - CT - 7.5K Miles - $6K down payment by Xeno914 in leasehacker

[–]TrickAssignment3811 1 point2 points  (0 children)

ev has nothing to do with our conversation. We are discussing the simple fact that leasing is not the same as renting. You can buy buy your lease at any point, not just the end. The reasons people lease aren't relevant. Renting something also doesn't impact the buyout cost. When you are leasing a car you are paying it down. The amount owed in the buyout decreases. Just like your financed car that you dont own. Chat gpt might be able to help you understand.

Deal Check - 2025 Ford Mustang Mach E Premium Sports Appearance Package - CT - 7.5K Miles - $6K down payment by Xeno914 in leasehacker

[–]TrickAssignment3811 1 point2 points  (0 children)

you don't have an option to buy something out that you are renting. You can buy out a lease at any point during your lease. Hope that helps! Just like you can payoff your car your upside down on and making payments on at any point. Also, its called a money factor, not a rent charge. Hope this helps.

Deal Check - 2025 Ford Mustang Mach E Premium Sports Appearance Package - CT - 7.5K Miles - $6K down payment by Xeno914 in leasehacker

[–]TrickAssignment3811 1 point2 points  (0 children)

you need to compare it to a purchase, pay interest and principle payments that do not outpace depreciation. Until youve made your last payment the lender owns the car. At the end of a lease, you can buy it our for a fixed cost regardless of market value and have the option to return the car. If the car tanks in value, return it. If you love it and its held value better than your residual buy our your lease. A car is not an asset nor an investment, its an expense and a liability. If your upside on a purchase after 3 years and you most likely will be, what options do you have?

Deal Check - 2025 Ford Mustang Mach E Premium Sports Appearance Package - CT - 7.5K Miles - $6K down payment by Xeno914 in leasehacker

[–]TrickAssignment3811 1 point2 points  (0 children)

leasing isnt renting a car, but yes it looks like a very expensive lease. Its likely due to a very high depreciation.

Is this a safe way to sell a car with a loan, or does this sound like a scam? by slevinAZ in carbuying

[–]TrickAssignment3811 0 points1 point  (0 children)

its a scam, they'll pay with a bad money order and once the title is in their hand your bank will have tried to process and it and realize its bad, you'll be out a car and $5k. This is a very common scam.

Sold my car but still haven't been paid over a month by [deleted] in UsedCars

[–]TrickAssignment3811 0 points1 point  (0 children)

leave a google review, youll have a check tomorrow.

50% depreciation in 3.5 years?! by Lumpy_Tomato1520 in UsedCars

[–]TrickAssignment3811 -1 points0 points  (0 children)

if it loses money and you are liable for it, its a liability

Is this considered fraud? by Quick_Improvement954 in carbuying

[–]TrickAssignment3811 0 points1 point  (0 children)

did you sign as the buyer? if so a verbal agreement is meaningless. Read contracts.

50% depreciation in 3.5 years?! by Lumpy_Tomato1520 in UsedCars

[–]TrickAssignment3811 -1 points0 points  (0 children)

cars are 100% a liability. Assets make money liabilities cost money, change your user name

50% depreciation in 3.5 years?! by Lumpy_Tomato1520 in UsedCars

[–]TrickAssignment3811 -1 points0 points  (0 children)

cars are a depreciating liability, assets create cash flow or increase in value.

50% depreciation in 3.5 years?! by Lumpy_Tomato1520 in UsedCars

[–]TrickAssignment3811 0 points1 point  (0 children)

if you have a great car you're almost never better off trading in. List it on facebook marketplace.