Posted by Buckeye Oliver collector on September 30, 2012 at 19:55:59 from (63.23.86.108):
Watching some of the car commercials on television tonight I was wondering why anyone would want to lease a vehicle? Just plain lease and not lease to buy. Seems like it would work for someone who is flat out rich or for those people who think they are rich (people making $50,000 a year driving brand new BMWs). But when you turn in a leased vehicle you better have it spotless with the right mileage on it or they'll charge you for being over milage. And you still do not own it. Do people just get it in their heads that because it is brand new they think it will not break down? I was always told it was more expensive to buy then to lease but you see some of these vehicles where they want $2500-3500 down on a LEASE. The vehicle I'm buying now I put less than that down and I'll own it (hopefully) in two and a half years. Then I can choose whether to keep it or not and can sell it to whoever or not. I see a new Ford Focus is 169 a month for 24 months with 2000 down. Sure it gets pretty good gas milage but $6000 for a two year lease on a small car?
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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