Quote:
Originally Posted by pmckechnie
I would like some opinions on leasing or buying. I love my MBs but both are getting old with high mileage. We are retired, in our low 70s and want to travel some while we still can. I have been thinking about a Hyundia Genisis, new or used or lease. I can lease for 6 years for what a 3 year old car cost. I can buy a new one for the cost of a 10 year lease. Leasing every 3 years and we would always have a 'new' car. Buy a 3 year old car and we would never have a new car but would possibly have someone elses problems. Buy a new one and have a 'new' car for a few years and then have an old car.
Lease a car and at the end of the lease I have nothing. Buy new and in 3 years I own a 3 year old car. Buy a 3 year old car and in 3 years I have a 6 year old car.
This could go on for ever. Soooo, what do I do.
Keep in mind, we may only have another 10 years to drive on any kind of long trip.
Thanks
PaulM
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There are people at my office who got in a lease then had to do ridiculous things to avoid extra charges. Apparently the Dodge truck lease has such limited mileage before you pay a penalty that the guy bought a beater to use back and forth in the summer-- NO AIR!
This kind of defeats the purpose of leasing a nice car with good A/C, doesn't it?
Check mileage limitations if you plan on driving a lot. Just a suggestion.