Recent content by emailforbrett

We have really gone off to a lot of tangents here and you guys are all great to banter with. I had no idea this thread would have blown up into this. I do respect all of your opinions, and boy we have many! I am going to part ways and enjoy my new car. Thank you all for the great conversation!

That’s not true with a lease where it is a closed end. You agree to pay X amount for the car total split over the term. It doesn’t matter how they split it, what maters is the total you pay to rent the car. That’s why in a lease, they can do whatever the heck they want with numbers so long as...

Tell me how? If at the end of the term I paid $30,000 and the interest rate was x%, but on another car I paid $30,000 over the term and the interest was y%. $30,000 for x car is the same as $30,000 for the y car. If you understand leasing, you understand this. That is what is called the...

For me it’s more of the need that I had to get rid of the car two years prematurely because of the constant issues. Had I been able to keep it the full four years that I had planned to, the depreciation hit would not have been as great. I can’t say that I miss the car now that it is gone...

… I’ll give you the MF is way high. At the end of the day, I don’t care if they charge me a MF of effectively 99% APR and the rent charge $10….I care about down payment + (monthly payment X number of months) to arrive at my total out of pocket over the term. How they structure it is up to them...

Again, you need to learn how leases work before blowing your top my friend. It was zero down. Well about $300ish down to cap cost reduction. That’s basically zero. The rest of the $2,000 is TTT, fees, and First Month Payment. That’s a zero down lease. Well the $300ish is there so yeah. And the...

You might want to read up on the mechanics of leasing. Leasehackr is a great place for you to start. The RV is 62%. At the end of last year, you could pick up a 2023 for a great deal. They were very motivated to move the outgoing year. The 2024s, not so much...

Mine sold for $53,588. So I could have made an extra $10k-$15k by selling it privately, which wasn’t an option. That seems about right then what Carvana paid me. Even if a little on the low end, nobody else was willing to purchase it outside of private sale. That‘s the point you fail to see...

Honestly, the service center in Orlando is really good. I was usually able to get a loaner, but you just don’t know until you arrive, so it’s a crap shoot. So I still have to cancel my appointments not knowing if I will have a loaner or not. Getting an appointment takes weeks, however, here in...

I believe it was about 2%. The good ol’ days of free money.

Gosh I hope Mercedes will give me Uber credits!

I knew of the big price drop of the previous Model S-(whatever). Very similar to the Plaid today. I factored in keeping the car for four years, then getting rid of it once it was out of warranty. I was willing to take the depreciation hit at that point, and frankly expected it. However, having...

Well, let’s see if you are as knowledgeable as you profess. Find a direct buyer online to make you an offer for a 2021 Plaid with 21k miles. Perfect condition. None of this, “Well Billy Bob down yonder knows a guy who paid XXX for one” stuff. A verifiable offer from Carvana, CarMax, KBB, etc. As...

I‘m bad at maths. depreciated $40,000 in less than a year!

I’ll pose it this way… what do you think a proper lease payment would be on a $170,000 car, over 36 months, with zero down, and with 10k miles per year? Hint…you can go to a Mercedes Benz website and it will calculate it for you. I’m paying $77,400 to get rid of the biggest headache in...