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Old 08-13-2016, 11:39 AM   #12 (permalink)
SuBXeRo
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Join Date: Aug 2016
Location: Peoria, AZ
Posts: 19
Drives: 2012 Challenger RT
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By saving 300 a month after payments are done, a portion of that goes to eventual maintenance, the rest goes toward a new down in another 5 years or so. If I got nothing floor my car, I'd expect to have about 10k down and about 5k on misc repairs and that's in anticipation of struts thatll need to happen and anything else major that might come up.

I like to own my cars and houses, I like to customize and have no worries about things being a lease, I wouldn't lease a car because most cars I like are more expensive than buying and I also have to worry about mileage. Plus if I like the car and want to keep it at the end, residual hits hard and you've already paid out.

I do real estate, the lease vs buy scenario is age old at this point. I'm not a renter, I hate it. My lifestyle doesn't demand a rental. Cats are the next biggest thing and after having leased two cars, not my cup of tea.

This thread isnt really about justifying lease or purchase or whether my finances support the decision based on the small amount of information I've chosen to reveal, it's too determine the flaws of the 370 that aren't readily obvious as well as the drawbacks you've encountered
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