NewR

[QUOTE=YellowS2kPwr,Jun 23 2005, 08:15 PM] Check this out::::

2005 NSX SPECIAL AHFC LEASE/PURCHASE PLAN Terms
Special lease rates available on all new 2005 NSX models. FEATURED SPECIAL LEASE*: 2005 NSX 6 Speed Manual Transmission (Model NA2165PKW) for $799.00 per month for 36 months with a $1,999.00 capitalized cost reduction. $4,193.00 total due at lease signing (includes first month

QUIKAG

I did the lease special on my S2000. I plan to get every pennies worth out of this car when I turn it back in just as the factory warranty expires. Easy break-in my arse.

NewR

[QUOTE=QUIKAG,Jun 24 2005, 08:18 PM]

RedY2KS2k

I disagree that "the majority of us" "have a job where you can use the lease as a tax write off." I suspect the majority of us are "salarymen" who receive zero tax benefit from leasing.

Yes, a car is a "depreciating asset." But it depreciates about 40% in its first 3 years; it can only depreciate 60% over the remaining 10 or 15 years of its life. If you're convinced that you're making a smart financial move by always being on the steep slope (negative) of the depreciation curve, more power to you. Personally, I enjoy the years in the "sweet spot" where the payments are over but the car is still nice, it isn't costing anything in repair bills yet, and the slope of the depreciation curve has leveled out a bit. To each his own.

steven975

buying a 2-3 year old car is a better deal than leasing.

Payments are very close AND you'll own the car at the end. Even 5 years from now, a 2002 model will likely still be worth >$10,000.

Why do I think so? The F&F crowd loves the S. They almost all want one. Problem is, they can't afford it. Once the S hits a lower price point, the number of QUALIFIED buyers will go up by at least 2X. That should prop prices up.

Poindexter

Way to misquote me by rearranging what I posted - thanks.

PilotKD

[QUOTE=Poindexter,Jun 24 2005, 09:17 AM] I forgot that one.

steven975

eh, the new car smell can be added, and the satisfaction of being the first ass in the seat is not worth $10,000 over 2 years to me. Then again, there is some non-monetary value to it; I'll give you that.

Yikes! $350 to lease a tiburon? A 5-year loan would be right at $400! Then again, there are millions of people set on leasing stuff like hyundai elantras and chevy cavaliers who just don't know any better.

A Honda/Acura or BMW (and a few others) I would lease. A domestic (with the exception of maybe a CTS or C6) I would never consider leasing.

I know car dealers actually like to push leases because many people think that you cannot negotiate the purchase price. A lease at MSRP is worth thousands more than a loan at Invoice.

preludexl

That pic is sweeet. Where's the rest of it????

preludexl

You can write off any car you use for "business" if you have a business license. My friend writes off his miata with a dummy corporation he set up. You just deduct the monthly car payment as a business expense, same as lunch, dinner, clubbing, etc. Afterall you have to entertain clients. It doesnt have to be a lease.