*** still no frost ***
- Thread starter johnbryanpeters
- Start date
we had our first wetting rain since March last night. YAY
Espresso then off to work
Espresso then off to work
Plumber finally started working in the basement so I can get the heating system to work. I have been heating the whole house with our wood burning stove since Thursday.
Still jet lagged. Normally takes a week to get over it.
My long ride turned into a short ride but better than no ride.
Still jet lagged. Normally takes a week to get over it.
My long ride turned into a short ride but better than no ride.
hello frens
slept poorly. didn't get my workout in. gotta try and juggle work so I can get home for a spin.
Think I'm going to trade the alfa in for a CX5. Even at MSRP my trade is overvalued enough to make it worth it. Can anyone, perhaps in a PM, help explain leasing to me though? I am a perfect candidate (sub 10k miles, need a newer car that won't explode) but every time I run the numbers, the lease payments come out to be the same, with a bunch of money down, and then after three years I have no car. I'd rather pay a similar amount and have a car...I don't get it.
slept poorly. didn't get my workout in. gotta try and juggle work so I can get home for a spin.
Think I'm going to trade the alfa in for a CX5. Even at MSRP my trade is overvalued enough to make it worth it. Can anyone, perhaps in a PM, help explain leasing to me though? I am a perfect candidate (sub 10k miles, need a newer car that won't explode) but every time I run the numbers, the lease payments come out to be the same, with a bunch of money down, and then after three years I have no car. I'd rather pay a similar amount and have a car...I don't get it.
i broke a sweat pushing out the morning constitutional after i delayed it during yesterdays drive....
does that count..?
Buy instead of lease?
That's what I intend on doing...I just don't really "get" leasing and i'm trying to figure out what I'm missing, if anything. It seems like a great way to stay in a new car, but you either pay more for more options or you finagle a cheap deal on a stripper....and at the end you have no car or money anyways. If I buy, I'd have equity and a car too.
A properly structured lease will be equal in cost to owning the car over the same period.
Residual value specified by the lease should equal the residual value at the end of term (duh). If the car ends up worth more than residual then buy it at residual and voila you got free equity. If it’s worth less then don’t buy it and it’s not your problem
Finance charges should be comparable. Iirc multiply the money factor by 2400 to compare to yearly interest rates, noting usually higher rates but you’re only financing part of the total value.
So if your plan was to buy new then hold for 3 years then the right lease will put you in the same place financially 3 years from now.
wat
Up and at em! Carpe diem! Grab the bull by the horns! Early bird gets the worm!
Sufficiently motivated yet?
Even though I worked all weekend as a horse show EMT id do believe I got in a nice work out
Per Fitbit
Saturday I walked 9.15 miles around the venue and Sunday I Walked 9.07. I will take that.
Per Fitbit
Saturday I walked 9.15 miles around the venue and Sunday I Walked 9.07. I will take that.
wtf, October almost over...
Here. Taking today off work with plan to study.
Just dropped Hannah off at school and overheard an interesting conversation.
School director (assumingly with owners): Three people are out sick. We cannot accept any more children today. [Pause] Right, but kids are still getting dropped off. I cannot accept any more kids today. I need people here now whether it's you or from the other school. I have to start turning parents away.
Hannah's teachers were juggling who were taking kids of what ages to reach their max kids per room/teacher balance point when I got there. Sadly this is one of the few and best pre-k down schools in the area, so we don't have a lot of options here. Guess we're going to have to start getting Hannah to school earlier to make sure we get a spot...
Just dropped Hannah off at school and overheard an interesting conversation.
School director (assumingly with owners): Three people are out sick. We cannot accept any more children today. [Pause] Right, but kids are still getting dropped off. I cannot accept any more kids today. I need people here now whether it's you or from the other school. I have to start turning parents away.
Hannah's teachers were juggling who were taking kids of what ages to reach their max kids per room/teacher balance point when I got there. Sadly this is one of the few and best pre-k down schools in the area, so we don't have a lot of options here. Guess we're going to have to start getting Hannah to school earlier to make sure we get a spot...
All of the frosts are here, amigos.
i'm just excited its not 80 and humid anymore. we shouldn't have this weather in pennsyltucky in mid october
every time i see a brodozer i think "depreciating asset"In a car?
hey, my Land Cruiser is actually turning out to be quite the good investment! probably appreciated a solid 66% since I bought it for the second timeIn a car?
With that dent in the sidestep it clearly hasn't been taken care of. I'll give you tree fiddy.
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that's patina, from the start of the Alpine Loop no less
makes it more desirable really
I feel personally cheated by this graphic.
Most of it is going to fall as rain if it makes you feel any better.
I'm just glad we 'made it' through another fire season without dying.
But all the new wizzbangs will begin to fail as soon as you pay it off because of planned obsolescence. If you lease, this isn't an issue.
We bought the wife's first CRV as a lease return. Drove it 3 years and got about what we paid on trade for her shinny new '21. See how long the '21 holds up though.
Leasing works really good for expensive european sedans and SUVs that are going to have major repair issues just over 3 years down the road. It also creates more value for the dealer, as they can be getting paid for essentially renting the car, then expecting the owner to turn it in and lease the next new flashy model, so they can sell the previous car, almost like they get to sell it twice. Also, your depreciation on something like an M550i is huge in 3 years, as in you'll be "losing" 30K or more easily, so people lease with the idea that they aren't going to lose this depreciation amount, assuming again they are going to turn around and trade it in after a few years.
Wifey is currently on a rampage because her mom spends more time hanging out with and helping her friend than she does her own daughter and granddaughter. She's not wrong.
My alfa has depreciated about 8 grand in the current market, and I've owned it for 3 years. I paid $222 a month to own the car. If i had leased it, I would have been paying a minimum of $350 with $5000 down. Then I would have nothing at the end of the lease. So, I paid less per month to "rent" the car. Lots of the CX5s that I'm looking at are selling for close to new values after 3 years of use. Yes, the value drops, but you still have whatever there is.In a car?
thank cash for clunkers for that.....
Maybe. I find it more sad than anything.Could count that as a blessing?
