Mathew Knowles on Meek Mill Talking Down on Leasing Cars

[Donald J Trump]

you are a fukking moron

CARS ARE NOT AN INVESTMENT, NOBODY BUYS A CAR FOR A fukkING INVESTMENT

with lease IT IS A WASTE OF MONEY

with a car You can finance and own, and TRADE IT IN WHENEVER YOU WANT TO GET A NEW CAR

say in 3 years the new benz comes out you can just trade in the car you brought and get that one

you can't lease for a lot lease who told you that shyt lmao

lease is for people with bad credit and you can't get financed lmao, if you got good credit you can get a brand new s550 for 800 a month lmao

leasing a car is easy to do than buy one, thats the only upside

if you can't afford to buy a new car, lease one, cool thats a good option

I would rather cash out a brand new luxury car, but i can't, so I don't do it, not that its not a good thing to do, i can't afford to do it

nothing trumps ownership,

cars depreciate but you still get value, you just burn money with a lease which are normally higher than car note payments

Bruh my use of the word investment in this sense means that’s it’s a terrible asset to own because it depreciates.

The point keeps going over your head. No one rich wants to own a luxury vehicle 3-5 years after it drops. No one.


As stated earlier, those with experience and higher net worth all agree that leasing the rolls and using the extra dough not used to buy to car to invest is smarter for plenty of reasons.

Stop letting the point go over your head , out here pointing out word usage when Im trying to use the simple word ‘investment’ to paint a picture for those who didn’t graduate with a minor in personal investing like I did.

Nah man.. It doesn't matter.. I owned a luxury car and 3 years later I wanted a new one.. Its actually stupid to buy a car IMO..

Oh look. Another person that owned a luxury car that agrees with what I’m saying

 

[Pimp]

Matthew Knowles is an idiot.
This is why he was selling Destiny Child memorabilia at a yard sale. SMH Beyonce's father Mathew Knowles 'was selling his daughter's memorabilia' | Daily Mail Online

Leasing makes no financial sense because you spend money and after the lease you have no asset to show for the money spent. Sure cars depreciate, but its better to have a depreciated car than no asset at all and the same lost money.

SMH

Nah man.. It doesn't matter.. I owned a luxury car and 3 years later I wanted a new one.. Its actually stupid to buy a car IMO..

 

[Master Teacher]

Bruh my use of the word investment in this sense means that’s it’s a terrible asset to own because it depreciates.

The point keeps going over your head.


As stated earlier, those with experience and higher net worth all agree that leasing the rolls and using the extra dough not used to buy to car to invest is smarter for plenty of reasons.

Stop letting the point go over your head to point out word usage when Im trying to use the simple word ‘investment’ to paint a picture for those who didn’t graduate with a minor in personal investing like I did.

once again, when you own car it is a LUXURY IT IS NOT AN INVESTMENT

WHEN YOU BUY A HOME IT IS NOT AN INVESTMENT, IT IS A HOME

WHICH IS WHY LENDERS HAVE PRIMARY LENDING HOME AND INVESTMENT HOME LENDING

YOU fukkING MORON

When I buy a home for myself, IT IS BECAUSE I WANT IT, THIS IS WHERE I WANT TO BE, I'm not doing for an investment or anything I'm doing it because I WANT IT

What if you want to paint your car, what if you want to customize it, you can't do that with a lease

if you can't afford own car, LEASE IT, but all means,

but somebody like owning shyt because they can do whatever they want with

and the car will always be worth something after you get your use of it

also you can trade in every 3 years and get a new car without it taking much of hit lmao, so there is no advantage of leasing other than when you can't afford to own

also with a lease you get charged for wear and tear, you can't over a certain amount of miles, if the car gets stolen and can't be recovered you have to pay for the whole car, etc

 

[winb83]

So if a car costs $50k and 36 months later it'll be worth $30k, and I know that I'm only going to want to drive it for those 3 years and then will want another new car

Cars are basically an appliance. It's point is to get you where you're going and back. Do you get bored with your microwave after 3 years and want a new one? Probably not. What about your refrigerator? You look at those items and as long as they do what you need them to do you don't care enough to replace them when they function properly.

The problem is marketing and society have conditioned you to think about a car more like some sort of toy than a useful appliance. Sure you can justify leasing when you think about a car like a toy you keep for a few years then dump but that way of thinking is just designed to get you perpetually wasting money on new cars.

You should buy a car, one that's a few years old and drive it until it's no longer useful or practical then replace it. I drive a 16 year old car and it still functions. Last year I put $2200 into the car to keep it going and it's Bluebook isn't even worth that at this point. When I did it I figured I could get another 2-3 years out of the car without having to put much of anything else into it.

For 90% of people leasing is just throwing away money that could be better spent elsewhere.

 

[Donald J Trump]

once again, when you own car it is a LUXURY IT IS NOT AN INVESTMENT

WHEN YOU BUY A HOME IT IS NOT AN INVESTMENT, IT IS A HOME

WHICH IS WHY LENDERS HAVE PRIMARY LENDING HOME AND INVESTMENT HOME LENDING

YOU fukkING MORON

When I buy a home for myself, IT IS BECAUSE I WANT IT, THIS IS WHERE I WANT TO BE, I'm not doing for an investment or anything I'm doing it because I WANT IT

What if you want to paint your car, what if you want to customize it, you can't do that with a lease

if you can't afford own car, LEASE IT, but all means,

but somebody like owning shyt because they can do whatever they want with

and the car will always be worth something after you get your use of it

also you can trade in every 3 years and get a new car without it taking much of hit lmao, so there is no advantage of leasing other than when you can't afford to own

also with a lease you get charged for wear and tear, you can't over a certain amount of miles, if the car gets stolen and can't be recovered you have to pay for the whole car, etc

Bruh you arguing with me and I just said it’s not an investment, I’m just using that word to teach folks that aren’t knowledgeable on here that it’s a terrible thing to buy because it’s value goes down. Forbes does it as well.

Buying A Car: The Worst Investment?


Folks richer, older, and wiser than you have come in here and said buying a luxury car is stupid.

Imagine the feeling of buying a a 500k car these past few years when leasing + putting the remaining funds into stocks and bitcoin , which would have givin u the ability to buy 2-3-4 500k cars


learn reading comprehension the point keeps going over your head little one

 

[Master Teacher]

Bruh you arguing with me and I just said it’s not an investment, I’m just using that word to teach folks that aren’t knowledgeable on here that it’s a terrible thing to buy because it’s value goes down. Forbes does it as well.

Buying A Car: The Worst Investment?


Folks richer, older, and wiser than you have come in here and said buying a luxury car is stupid.

Imagine the feeling of buying a a 500k car these past few years when leasing + putting the remaining funds into stocks and bitcoin , which would have givin u the ability to buy 2-3-4 500k cars


learn reading comprehension the point keeps going over your head little one

lmao, you are moron

people don't buy luxury cars to make money off them in the future, key word luxury

Yes if you buy a car in hopes to make some money in the future you are stupid

but nobody does that, people buy luxury cars for LUXURY, TO HAVE FUN WITH THEM

THERE IS NO PRICE ON FUN YOU fukkING LOSER

If you can buy a 500k car you already got cash flow coming in you fukking idiot and I'm not even talking extreme cars like that, you have to be rich to buy those cars anyone

the people lease them are the ones like Tyga faking the funk

Nobody buys cars has an investment

lmao paying a note on a car than having to return it lmao

Its better to pay off a car in 4 years than leasing it, because YOU OWN THE CAR, who cares if its depreciated, you own it, you don't have to pay anymore money and can use the car for whatever you want

ten years later you are still leasing cars wasting money when I'm still driving the same car I paid off 6 years ago

If you go into a rich neighborhood and look in the drive way see old cars in the driveway that are paid off, not brand new leased vehicles lmao

 

[desjardins]

I'm more of a buying a used car after someone else ate all the depreciation kind of guy myself

That being said I'd like to learn more about writing lease off as a business expense. Does it have to actually be a real business, or can I just set up a LLC to do this?
I'm assuming I'd have to sign the lease under the business name meaning I'd have to prove the business is making the income necessary to lease the car

 

[Donald J Trump]

lmao, you are moron

people don't buy luxury cars to make money off them in the future, key word luxury

Yes if you buy a car in hopes to make some money in the future you are stupid

but nobody does that, people buy luxury cars for LUXURY, TO HAVE FUN WITH THEM

THERE IS NO PRICE ON FUN YOU fukkING LOSER

If you can buy a 500k car you already got cash flow coming in you fukking idiot and I'm not even talking extreme cars like that, you have to be rich to buy those cars anyone

the people lease them are the ones like Tyga faking the funk

Nobody buys cars has an investment

lmao paying a note on a car than having to return it lmao

Its better to pay off a car in 4 years than leasing it, because YOU OWN THE CAR, who cares if its depreciated, you own it, you don't have to pay anymore money and can use the car for whatever you want

ten years later you are still leasing cars wasting money when I'm still driving the same car I paid off 6 years ago

If you go into a rich neighborhood and look in the drive way see old cars in the driveway that are paid off, not brand new leased vehicles lmao

Bruh.

You still are missing the point.

I never said people buy them to make money off of them

The debate is whether or not buying a 500k car is smarter than leasing , which it isn’t.

I didn’t ask you about fun.


Stop changing to subject and moving the goalposts. It took you this long to realize that “a car is a bad investment” is Just a phrase everyone uses, we know that 99% cars aren’t investments

People smarter and richer than you with more experience agree with me, along with folks I’ve talked to who have finance degrees.

Stop it fam. It’s anout which is the smarter decision.

Imagine being rich these past few years and buying a 500k lambo versus gettin it leased for total 2500 a month and using the remaining money to buy bitcoin or stocks clearly leasing is the smarter decison. Case closed.

 

[Master Teacher]

Bruh.

You still are missing the point.

I never said people buy them to make money off of them

The debate is whether or not buying a 500k car is smarter than leasing , which it isn’t.

I didn’t ask you about fun.


Stop changing to subject and moving the goalposts. It took you this long to realize that “a car is a bad investment” is Just a phrase everyone uses, we know that 99% cars aren’t investments

People smarter and richer than you with more experience agree with me, along with folks I’ve talked to who have finance degrees.

Stop it fam. It’s anout which is the smarter decision.

Imagine being rich these past few years and buying a 500k lambo versus gettin it leased for total 2500 a month and using the remaining money to buy bitcoin or stocks clearly leasing is the smarter decison. Case closed.

Being rich doesn't make you smart, lmao, leasing a 500k is dumb, you not rich its the only reason why would lease a 500k car
leasing a 500k makes sense if you're not wealthy and want to look like it
A 2015 Ghost: 60-month lease, $30,000 due at signing, $2,699/month. Nearly everyone who purchases or leases a Rolls-Royce adds custom personal touches to the vehicle.Mar 5,

Rich people buy Rolls Royces cash and they trade it in when they want something different
if you have to lease a rolls royce you have your priorities fukk up and are not as rich as want to appear lmao

you are fukking moron

I haven't changed the subject you HAVE

A car isn't an investment in a first place, you are losing money with a lease the same you are doing with the purchase lmao

lmao at a two year lease, shyt is a waste of money unless you travel a lot

LUXURY CARS FOR WEALTHY PEOPLE WHO CAN AFFORD TO BUY THEM THEY ARE NOT FOR YOU RIDE AROUND AND PRETEND YOUR SCROOGE MCDUCK

Let me ask you this

What do you own

also don't post articles because rich people never tell people what to do because thats not how they stay rich

 

[Master Teacher]

lmao in here don't own shyt

Real Estate is the only thing guaranteed to appreciate and Vlad said it was a scam lmao, and this is the fukkbuy you want to listen to lmao
a goddamn agent culture vulture

beyonce father is own VLAD, with the other washed up broke stars lmao, nikka selling collectibles and shyt from destiny child, no wonder why he leasing

 

[OnlyInCalifornia]

A more well rounded perspective...

I always tell people this too when it comes to car leases...it depends on your situation...

Do you switch out cars after a few years anyways? Are you the type to keep cars forever? Do you not drive very much? Do you drive a lot? Do you own a business? etc etc etc

 

[Artificial Intelligence]

.......................

 

[tuckgod]

Real Estate is the only thing guaranteed to appreciate

Nothing is guaranteed to appreciate dummy.

 

[Donald J Trump]

Being rich doesn't make you smart, lmao, leasing a 500k is dumb, you not rich its the only reason why would lease a 500k car
leasing a 500k makes sense if you're not wealthy and want to look like it
A 2015 Ghost: 60-month lease, $30,000 due at signing, $2,699/month. Nearly everyone who purchases or leases a Rolls-Royce adds custom personal touches to the vehicle.Mar 5,

Rich people buy Rolls Royces cash and they trade it in when they want something different
if you have to lease a rolls royce you have your priorities fukk up and are not as rich as want to appear lmao

you are fukking moron

I haven't changed the subject you HAVE

A car isn't an investment in a first place, you are losing money with a lease the same you are doing with the purchase lmao

lmao at a two year lease, shyt is a waste of money unless you travel a lot

LUXURY CARS FOR WEALTHY PEOPLE WHO CAN AFFORD TO BUY THEM THEY ARE NOT FOR YOU RIDE AROUND AND PRETEND YOUR SCROOGE MCDUCK

Let me ask you this

What do you own

also don't post articles because rich people never tell people what to do because thats not how they stay rich

I already stated in here i bought a +20K new car straight cash

its not a smart buy

you still missin the point

and you think an investment is guaranteed to appreciate, your opinion is nul
and invalid

 

[Art Barr]

00000000000000000000000000000022

make another Bey

Matt Knowles did make another beyounce.
He made four of them.
He made girl time beyounce.
He made group beyounce.
He made I am the largest draw of the group beyounce.
He made solo beyounce.
Plus, spun her off from destiny child.
Plus spun, every blood relative or child of of dc into a solo.
[ex. Kelly and solange.]
Whether it was taken from him via coup or administrative hiccup or mismanagement.


Only thing fukked him up was he got to egotistical developing a femine genre based product. Then did not realize they would turn on him administratively.
for acts done socially/personal to affect his group and trickled down to his business being couped internally.

His ego fukked and lack of his own self control and libido ruined his business standing with beyounce and Tina.


Art Barr

Cheat on the breadwinner mother breh.

Matt knowles should be given a distinction of respect, higher than Joe Jackson and most record label owners.
If we being truely honest.
The hate for him and richard Williams as motivators, focuses agenda executing business men and fathers is bogus.
More of that hate black father's project mentality eic trickbaby ikd maid Game gon awry in America once again.

While alternatively being positively marketed other male figure who are type worst.

 

[OnlyInCalifornia]

once again, when you own car it is a LUXURY IT IS NOT AN INVESTMENT

WHEN YOU BUY A HOME IT IS NOT AN INVESTMENT, IT IS A HOME

Eh.

You can own a luxury car and rent them/lease them to others. I know a bunch of people who lease cars at stupid monthly payments to people who have shyt credit or do a different kind of 'work' but still want to floss. You can buy Mercedes Sprinter vans and lease them as well.

A home, if you are using it as a rental property is an investment. You generate income from it and will generate income from it once you sell it. The value can appreciate depending on many factors. Even if you don't rent it out, if you fix it up and sit on it you can take the money you put into it and increase that, hence its an investment.