Alan Cesar wrote:
Per wrote a column a couple of months ago where he talked about a calculation like this. He bought a relatively high-mileage car at a discount (his E36 wagon, if memory serves). Drove it little over the course of a year or so, at which point the "high mileage" became regular mileage for that year of car. Then he sold it at a price that was the same or a bit higher than what he paid for it. I can't remember the issue it was in, but that seems like a reasonable idea considering your circumstances. After a few more years of light use, suddenly it's a low-mileage car rather than an average one.
If you can get away with that, that's BRILLIANT!!! Sadly, I can not, so it stays a high mileage car/truck.
Datsun1500 wrote:
alfadriver wrote:
The lowest miles you can lease for is 10.5k/year.
Currently Acura, Audi, Honda, Toyota, Lexus, and Volvo are advertising 10K per year leases.
Ok.
But he is asking about two Ford products, one of which you mentioned a lease special for. And of that brand, 10.5k is the lowest mileage.
I'd love to see one that's lower than that, too, but you did ask where the 10.5k number came from, so there you go.
Again, we are in the same situation as dean is- we put maybe 5k on a car a year- closer to 3k sometime. And the lowest lease we can get is 10.5k/year, which we've done for the last 5-6 lease cars.
One of the benefits of doing it this way vs. buying and selling- I don't have to worry about selling the car. That's just me, though.
I will take some blame for some of the potential misunderstanding from my post on the earlier page but I too think it was over analyzed.
My intended point was... .
If you can afford it, and it makes the wife happy, then by all means; do it.
My further point was that people will point out all day how other options may be better but if this is a car she wants then those substitutes are not really viable substitutes.
In reply to Datsun1500:
No.
And it's not worth the effort. At least to me. I'm not interested in selling a used vehicle every other year.
dean1484 wrote:
When she had "her car" it was 2200-2800 / year.
Lucky. My wife does that in 4-6 weeks.
