David_TheMan
Veteran
Just admit, you would rather prioritize putting your image above using sound judgement in spending your money.
At the end of the day thats all it is.
Mathew Knowles on Meek Mill Talking Down on Leasing Cars
- Thread starter thernbroom
- Start date
At the end of the day thats all it is.
Kobes Two Jerseys
8 or 24 best player of the era
How is getting an economy car putting image first?
I don't really care about what he has to say tbh. 
David_TheMan
Veteran
If the goal is to spend your money wisely, leasing renting is simply a terrible option over buying, even buying used. Seems pretty easy to comprehend. Get a 6-8 year old economy car.
nikka you dumb.. Either way you go you're losing money. A 750 BMW for 101k 3 years later traded it in and the value was 45k... You would actually save money leasing but people are so stupid they think owning depreciating items is cool.. N ok matter how you look at it.. Whatever your monthly payments are that's just about how much your car will depreciate monthly.
David_TheMan
Veteran
One you throw money away on a rental, the other you buy an asset.
A depreciated asset is still an asset.
That some of you do not understand that shows again, how much emphasis you put on having something new and shiny, over utilizing your money the most effective way.
I mean damn, you talking about monthly payments, shows you are already lost. First rule of buying cars is you look at total price, first and for most and then work out monthly. SMH
Kobes Two Jerseys
8 or 24 best player of the era
How is getting an economy car putting image first?
OnlyInCalifornia
Southern California/Vegas
If you own a business it makes more sense to lease the vehicle and you need to, to write it off in a more effective way. Even if you can afford it out right or want to keep it longer.
A person who can't afford a car can't just lease it breh. Your credit has to be good and you have to prove you can afford it plus put down money on drive offs. Not everything is a Bentley
MOST people don't sit in cars long term. And you don't always need a car long term. You guys talking in absolutes are funny...people's situations change all the time. If you take a job in NYC you don't need a car. If you get hired by a company that will provide a car, you might not need one for yourself. If you share a car, you might not get another one.
The average person *IS NOT* wasting money on a lease. You pay for the actual depreciation of the car over that time and you get out of it before the cost to operate the car starts to climb. As a vehicle gets more and more miles, while also getting out of warranty, the cost to keep the car 'forever' does not pencil out.
You don't keep making a car payment on a car when it's worth less than what you owe. You are not paying THOUSANDS more because of financing a vehicle over 5 years. You must not understand people get UPSIDE DOWN on their purchased vehicles ALL THE TIME.
No they don't. Rich people lease cars at high rates.
And before you get froggy, I work in the automotive industry doing advertising for major brands. Places in Los Angeles lease at a VERY HIGH rate. New York? Lease at a VERY HIGH rate. In the areas where there are MONEY people lease at high rates.
HacksawJimThuggin
All Star
If you own a business it makes more sense to lease the vehicle and you need to, to write it off in a more effective way. Even if you can afford it out right or want to keep it longer.
A person who can't afford a car can't just lease it breh. Your credit has to be good and you have to prove you can afford it plus put down money on drive offs. Not everything is a Bentley
MOST people don't sit in cars long term. And you don't always need a car long term. You guys talking in absolutes are funny...people's situations change all the time. If you take a job in NYC you don't need a car. If you get hired by a company that will provide a car, you might not need one for yourself. If you share a car, you might not get another one.
The average person *IS NOT* wasting money on a lease. You pay for the actual depreciation of the car over that time and you get out of it before the cost to operate the car starts to climb. As a vehicle gets more and more miles, while also getting out of warranty, the cost to keep the car 'forever' does not pencil out.
You don't keep making a car payment on a car when it's worth less than what you owe. You are not paying THOUSANDS more because of financing a vehicle over 5 years. You must not understand people get UPSIDE DOWN on their purchased vehicles ALL THE TIME.
No they don't. Rich people lease cars at high rates.
And before you get froggy, I work in the automotive industry doing advertising for major brands. Places in Los Angeles lease at a VERY HIGH rate. New York? Lease at a VERY HIGH rate. In the areas where there are MONEY people lease at high rates.
Honestly bro, don’t even waste your energy. They don’t understand, so just let it be.
BTW, I hope all you financially savvy dudes bragging about copping beaters and looking down on people who have the means and don’t mind paying for a nice whip are also getting all your clothes at the Good Will and Salvation Army and just keeping that same energy across the board.
A lot of rich ppl do lease cars tho 
OnlyInCalifornia
Southern California/Vegas
SouthSac916
All Star
Starting to see why your rep points are......
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
Grown man