How do you purchase?
Depends on the deals to be had - I don't think you will find any killer deals on leasing right now. I personally go with whatever is the cheapest money - sometimes that can be a lease, financing, or cash.
I completely agree. It depends on the deal and your situation.
THat is the question...how do YOU personally as an individual purchase your car?
My answer is that I put about 15% down and finance the rest.
I would like to say I pay cash, but I dont.
My answer is that I put about 15% down and finance the rest.
I would like to say I pay cash, but I dont.
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To put it as bluntly as others have in the past...cash is king.
I have never leased a Porsche and after leasing two other cars I refuse to ever lease again. Both times it cost more than an outright buy.
A cash buy =140K
A lease car = 36 payments (approx 2500 X 36 = 90K and then no equitity --yikes !!!)
The idea of paying 2500 to rent a car and face turning it in would not sit well with me. Maybe I just love the car that much. I also want complete freedom to have my car the way I want it without all the lease restrictions of the contract.
I won't finance it either . No way. This car depreciates so fast that financing adds a cost burden.
It's an expensive toy but that's what it costs . It clearly is not a logical purchase if one considered more economical vehicles .
I can be content with less money but I could not have imagine having lived without ever owning a Porsche. For me .. ownership creates a lifetime memory.
A cash buy =140K
A lease car = 36 payments (approx 2500 X 36 = 90K and then no equitity --yikes !!!)
The idea of paying 2500 to rent a car and face turning it in would not sit well with me. Maybe I just love the car that much. I also want complete freedom to have my car the way I want it without all the lease restrictions of the contract.
I won't finance it either . No way. This car depreciates so fast that financing adds a cost burden.
It's an expensive toy but that's what it costs . It clearly is not a logical purchase if one considered more economical vehicles .
I can be content with less money but I could not have imagine having lived without ever owning a Porsche. For me .. ownership creates a lifetime memory.
Read this thread, seems like the most painless process for financing.
https://www.6speedonline.com/forums/auto-leasing-financing/155221-best-used-car-financing-rates.html
https://www.6speedonline.com/forums/auto-leasing-financing/155221-best-used-car-financing-rates.html
IMO I dont like leasing at all...i guess Im wondering if you all buy your cars outright with cash or finance. And if you finance..how much do you put down on the car? Just wondering. I guess I am always putting my discretionary money into vehicles...I could certainly save more for investment and drive a honda, but its not me. So in doing these high dollar vehicle "investments" I am curious of how others do it?





