Love it. Thanks for posting.
Newsom should come to HB & try to make us wear masks. He wouldn’t get out alive.
NIKK, I have been leasing my cars since 2011, although my first lease was in 1999.
As long as you can live within the mileage restriction of 12,000 miles/year (or pay extra for 15,000 miles/year) it is a great deal for retired people.
I get a new car every three years.
Everything is warranteed for the three years I lease the vehicle. Tires covered for one year.
I don’t have little kids or pets, so I can keep a vehicle in like new condition.
I don’t worry about breakdowns because it is a new car.
If you use it for business, then you can deduct the proportionate costs.
Every three years I have a new car with the latest safety technology and comfort.
I have leased three Hyundai Sonatas, and now lease a Hyundai Tucson SUV.
My daughter is on her fourth leased Hyundai Elantra.
Down payment and monthly costs are very reasonable, and you don’t have to come up a huge down payment.
No hassle when selling either—just drive it to the dealership and turn it in.
All I do is get the oil changed.
And I am not married to the same car for ten years.
Very important—get GAP insurance—about $13/year. You can get it at the dealership or through your auto insurance at the time of signing the lease.
Frankly, after three years I am ready for a new car.
Variety is the spice of life.
I make sure my choice of vehicle and monthly cost stays within my budget.
Generally the cost of ownership between buying with a big down payment and financing versus leasing is about the same.
So, you don’t have to have a big down payment for a lease like when you are buying a car.
I used to maintain my own cars and run them forever. But as they aged, the maintenance coast really piled up. Today’s cars are an electronic nightmare and replacement costs for parts, especially sensors and computers , are very high.
Now, I don’t worry about that anymore.
The key is living with the total lease mileage limit.
That also has not been a problem for us.
