Where's My Truck????

I think it is great that you are supporting our economy by buying and
leasing new vehicles. Someone has to do that so poor saps like I
without jobs and large incomes can pick from the scraps you leave
behind when you sell in the near future. If you are dumping a vehicle
every few years, you are taking the hit on depreciation and we can
thus afford to partake of a barely old vehicle.

I hope your job continues to pay well, and by all means keep up the
good work!

I would never lease a car not when cars represent the largest
purchases Americans make that goes down in value.

I read an article last month, I think it was in Kiplinger’s that said
something to the effect that a new car will lose 60 percent of its
value in the first four years. Japaneese vehicles take less of a hit
but still do.

So if you spend 30k on a new car that car loses valule quickly.
$30,000 into $11,000 is not a good plan!

Butttttt if you pay cash and buy a two-year-old car with very low
miles in great condition, someone else has already taken the bulk of
the loss in value.

The cars I buy are Honda's with low miles. When you drive a car, you
are essentially killing it and running it into the ground.

You are losing money, so you want to balance that loss with
reliability.

If you lease, and see how much your payment is, multiply it by the
months, and then walk away, you have essentially rented a car with
nothing to show for it.

Dealers make more money off a lease than they do a new car purchase.


I will stick with buying reliable used cars, and pocket the money.


Good Day

just wondering cos... if you had, they owe you a giant refund.

in a way i'm not surprised though. with what i've seen in the news,
the american car companies haven't really been managing their finances
well

I had this happen a few years ago. I ordered a car. Three weeks went
by, and *I* called the dealer to find out the status of the build. He
called me back after checking, and told me the car would not be made -
it was the end of the model year.

I was a bit ticked, but somehow I was allowed to order a car and then
the production run was stopped before it could be made.

It would be nice if they offered you something for your trouble. Did
you ask the dealer for the discount you requested here? I got a
motorcycle last year with options I didn't want, and the price was
discounted a bit.