[sixergixer]

This. I used to lease heavy duty equipment, they are making the same margin, there are some scenarios where either model makes more sense for the consumer. I bought a new Telluride cash a year ago because the interest rates and the length of time I plan to own, and my annual estimated mileage and my view of the residual value. I don't love how confident people make sweeping, simplified statements...

The planned mileage thing is an important consideration for a lease and will be something I'll have to really look at when I move into research mode when we start shopping. Mayhap, I'll end up just financing instead. Not sure!

 

[Mr Rick]

Um, the monthly payment?

I understand that roughly 20% of the monthly payments made on a vehicle purchased recently exceed $1000.00/Month. Mine is one quarter of that.

 

[Mr Rick]

I used to drive a London Taxi (FX3) that was born the same year as I was. Rod brakes and no synchro is what I remember...........

I would like to own a car as old as I. Unfortunately 1950 was not a high water mark for styling.

 

[corndog71]

My father was a manager at AMC and I grew up riding in most of their 70’s lineup. My favorites were the Pacer and Gremlin.

I’ve owned cars by Honda, Toyota, Dodge, Chevy, and Nissan. My favorite by far has been Honda. I just like the way they feel. Currently driving a C-RV Hybrid.

 

[valiant66]

I got a used TOTL Valiant, don't remember the age, in '84. Fun, fun car. As a newbie driver I didn't appreciate it.
The engine cracked so I left it in a junk yard. Should have dropped a new one into it... ;-(

I've owned 7 Valiants. Mostly convertibles. Here’s three of them. And yes I’m a fool - these three were all plated and insured at the same time… And I had a motorbike and a Westfalia too.

 

[Plautus001]

I pay cash for my cars, and I understand depreciation. I buy reliable cars that last for 10+ years. I hate monthly payments. That money needs to be invested in the markets so it can appreciate. Never had a lease in my life except for an apartment, and that was just five years. Still, I do understand wanting to have the latest tech in the garage. I always look for reliability first in a vehicle. YMMV, as always.

I bought my 2008 Grand Caravan new for $25,000 cash including taxes. I drove it daily until January 2024... @ $1635 a year...

 

[dstrimbu]

Nice cartridge!!!

Thanks, Bill. I asked Mr. Sutherland which cartridges he designed the phono preamp for, and this one was at the top on his list. This is my end-game vinyl rig, and I am completely smitten with the performance it delivers.

 

[Roy G. Biv]

I would like to own a car as old as I. Unfortunately 1950 was not a high water mark for styling.

Neither is 2024 IMO. You can, however, make a car worse with some...modifications.
I don't mean to offend anyone's car choice. However, this kind of caught me off guard today.

 

[dstrimbu]

This. I used to lease heavy duty equipment, they are making the same margin, there are some scenarios where either model makes more sense for the consumer. I bought a new Telluride cash a year ago because the interest rates and the length of time I plan to own, and my annual estimated mileage and my view of the residual value. I don't love how confident people make sweeping, simplified statements...

I'm sorry if I oversimplified, I think I said YMMV, and the fact that I favor leasing is my choice... not meant to be sweeping or simplified in any manner.

 

[jonathan c]

You're right, dammit!! Order placed!!

**Nothing like a little 'retail therapy' to help lift one's spirits.

.... does a little HeadFi 'retail therapy' ===> spousal footwear 'wholesale misery'?

 

[jonathan c]

1958 is when some of the coolest people on earth were born.

.... sorry to break the news:

[Capitol: recorded 1949-1950; released 1957].

• You can be as cool as f==k, Slimming with the Whitman in this:

Your colour !!

 

[bcowen]

My father was a manager at AMC and I grew up riding in most of their 70’s lineup. My favorites were the Pacer and Gremlin.

I’ve owned cars by Honda, Toyota, Dodge, Chevy, and Nissan. My favorite by far has been Honda. I just like the way they feel. Currently driving a C-RV Hybrid.

My best bud in high school had a '69 AMX (2-seater) with the 390 engine. That thing would fly. He had it for almost a year before he wrapped it around a tree. Fortunately he was not seriously injured. The car? Not so lucky.

 

[bcowen]

.... sorry to break the news: [Capitol: recorded 1949-1950; released 1957].

Obviously done in anticipation of 1958.

• You can be as cool as f==k, Slimming with the Whitman in this: Your colour !!

If we're switching to station wagons, then this. The vinyl siding they hoped people would think was wood was only for the well-heeled.

 

[Ripper2860]

My best bud in high school had a '69 AMX (2-seater) with the 390 engine. That thing would fly. He had it for almost a year before he wrapped it around a tree. Fortunately he was not seriously injured. The car? Not so lucky.

I always preferred the regular Javelin, but would never turn my nose up at an AMX...

Had a buddy that owned a 1969 Cougar XR7 convertible with a 427 Cobra Jet. Many fun adventures were had. The fact we didn't end up killing ourselves in it is a miracle!!!

 

[Orange5o]

I'm sorry if I oversimplified, I think I said YMMV, and the fact that I favor leasing is my choice... not meant to be sweeping or simplified in any manner.

You're good, I took issue with people who pay cash for vehicles not understanding depreciation, is all. I think many who leased and financed over the last 18 months perhaps do not. Anyone leasing with what they think is a good monthly payment should consult the residual in the contract. Everything has context, and ultimately for a dealership, it's like a balloon, you squeeze one side and the air is going somewhere else.... you are dealing with a business, and they absolutely have their margins in every offering. The difference is the customer's cash on hand and how they plan to use the vehicle. One size does not fit all.

Edit: if you paid cash for a vehicle 3 years ago? Different story.