Are you Leasing or Buying?

 

Buying - 17 payments to go....

 

Bought mine w/ 4.5 % home equity loan. Have my title. :P

 

Did a ONE PAYMENT lease. Now I don't worry about it anymore.

 

I bought mine straight cash! ... well traveller's check...

 

lease[/list]

 

Cash!

 

Cash - Money market mad money put away over the years for a new car. Interest rate was around 1.2%APY no loss there. I would much rather be driving that money that looking at the bottom line of that dirt-ball rate.

 

Cash!

 

Stole mine... went for a test drive and never took it back. :twisted: :twisted: :twisted:

 

39 month lease which I'm stongly considering buying out. I'll end up saving 4K doing it this way as opposed to financing. :wink:

 

Buy......but I did look at the option AZ went with, but I made the mistake of giving them my real address when I first talked to them :-)
Plus I couldn't have done that to the beautiful Christina :-)

 

Bought mine after May 1, and was gonna pay cash, but financed $7,500 with Chrysler Finanical to get the added $1,000 rebate. Total rebate $2,500. No prepayment penalty, so will pay off in a couple of months, unless I find an antique car I can`t resist!

 

That's a really scary idea.

If you totalled the crossfire a week after you took delivery you'd be out of several thousand dollars. Gap insurance covers you for the difference between the amount owed and the value of the car, but it won't cover money out of your pocket.

Rule #1 of leasing, never put too much money down. Especially with this very low money factor (also known as lease interest rate) chrysler is running on the current lease special.

 

Leasing

 

Purchase-absolutely













6spd graphite#16515

 

Cash from savings. Didn't want the bank to have any ownership.

 

I hear you. I didn't take money out of savings/investments.... Instead I've got an equity line of credit and used that to buy the car. I've got my title and my interest is tax deductable and is only 4.8%. My investments are doing better than that. Thank God for a rebound in the market!

 

I went with the lease and bought up to 15K miles. I will not be purchasing it at the end since the residual is just under $20K. I leased it so I can get another model in a couple of years.

 

Did the same here (though they just *gave* me 15K miles -- didn't have to pay more than the typical lease for 'em).

I considered buying, but I'm self-employed and leasing's easier on my taxes (and a ~$300/month payment's hard to beat).