Help me decide how to finance my vehicle purchases. I need to get two cars for my family. Could be new, could be used. I want both of these cars to have very high safety ratings. Everything else doesn't really matter. I could pay cash for two new cars, but that just seems stupid to do on a depreciating asset. Is the best course of action to find two used, yet reasonably new cars and pay cash? What if we like having new cars? Should we just lease two new vehicles? I have read that the best course of action is to buy a used car and drive it into the ground. That's great, but what if I leave the country again in 5 years. And do I really want to be driving around in a Hooptie
in ten years. How do I approach the whole buy new / used, lease issue.
posted by jasondigitized
on Aug 10, 2011 -
Renter's nightmare in LA: My friend went on vacation to Europe. Her roommate cashed the rent check and skipped town, friend is now getting evicted. Btw, deadbeat roommate still has the keys, collects guns, and has accused friend of being "out to get him." Advice? [more inside]
posted by ®@
on Jul 16, 2011 -
My friend, renting a room in a house, has found that the people he was renting from didn't actually own the house. He came home to find an eviction notice on his door and the locks changed. The fake landlords have moved all of their stuff out, changed their phone number, and are gone without a trace. Now my friend can't get to his stuff. [more inside]
posted by XMLicious
on May 27, 2010 -
My car has died. I live in New York City (Queens) and I need a car. Should I lease? Should I buy? Details inside. [more inside]
posted by orville sash
on May 11, 2010 -
What's the going rate and terms for leasing your land for a cell tower site and is there any ability to negotiate? [more inside]
posted by webelieve2.0
on Feb 7, 2010 -
I'm in the hunt for some new roommates in this house, and I'd like suggestions on how best to divvy up rent based on bedroom size and amenities. Also, how should I go about listing the rooms for rent here in central Los Angeles? [more inside]
posted by carsonb
on Jan 15, 2010 -
Single girl. Two large dogs. 19 months left on a leased sedan now complete with body damage, and the real need for a larger car. Are there any good options? [more inside]
posted by alma
on May 30, 2009 -
My SO and I are considering taking advantage of the current housing market and purchasing a second house to lease. What specifics should we contemplate at this early stage? [more inside]
posted by purpletangerine
on Apr 29, 2009 -
My car salesman is encouraging me to end my current lease early (by two months) and start my next one immediately. Pros and cons? [more inside]
posted by JannaK
on Apr 1, 2009 -
Finance wiz needed:
Although interest rates do not exist in leases, customers constantly ask what is the interest rate for the lease. I have a question regrading how to calculate the implied interest rate in order to get the most favorable comparison. [more inside]
posted by thinktwice
on Sep 8, 2008 -
I live with my parents, and I'm searching for a place to live for the first time. Somewhere near Cal State Fullerton. A question about credit checks, and how to improve my search. [more inside]
posted by malapropist
on Jul 21, 2008 -
I have leased cars several times with no problem. However, due to some changes in my life recently, I'll be moving to a new city where having a car is not necessary and is really a hindrance (congestion, cost). The problem is, I've still got about 18 months on my lease.
The options as I see it are:
1. Store the car somewhere cheaply away from where I live and make payments til the end.
2. Sell the car to a 3rd party and make up the difference between what the car will sell for and the lease pay off.
3. Sell the car to the dealer and pay the difference to them. It would be a bigger difference but an easier sell.
Does anyone here have any advice on other options or things to consider?
posted by aaronh
on May 6, 2005 -