¿How do you pay your car? - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 15 (permalink) Old 05-25-2006, 11:24 AM Thread Starter
BenzWorld Member
 
Date registered: Apr 2006
Vehicle: S350 TD w140
Location: Spain
Posts: 214
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Send a message via MSN to efra Send a message via Skype™ to efra
(Thread Starter)
¿How do you pay your car?

In Spain usually we buy a car by credit. My car is a Volkswagen Golf 2005 1.9 TDI, the price is 22.000 euros, the credit is for 18000 euros and i paid to my bank 300 euros for 72 months.....

if i buy this car by leasing, is better for me?¿ Because when i finish to pay the car I must to sell because it will be 6 years....

The leasing is only just for companies and not for people..... i know that is normal to buy car by leasing because you can have a new car always.....

Is this real?¿??¿¿?

Thanks
efra is offline  
Sponsored Links
Advertisement
 
post #2 of 15 (permalink) Old 05-26-2006, 08:28 AM
Lifetime Premium Member
 
A&L's300SL's Avatar
 
Date registered: Apr 2006
Vehicle: 87 300SL "Roadster" 86 420SEL "Limo" 89 420SEL The "New" Limo 87 190E 2.6 fact bodykit
Location: Mornington Peninsula Vic Australia
Posts: 1,576
Mentioned: 0 Post(s)
Quoted: 1 Post(s)
Lifetime Premium Member
Here in Australia we seem to like to just buy our cars outright, or get finance from a bank. Not through the dealer.

Andrew
A&L's300SL is offline  
post #3 of 15 (permalink) Old 05-26-2006, 08:32 AM
RBs
BenzWorld Member
 
Date registered: Apr 2006
Vehicle: 2001 S430
Location: Minneapolis
Posts: 62
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by A&L's300SL
Here in Australia we seem to like to just buy our cars outright, or get finance from a bank. Not through the dealer.

Andrew
Buying outright is the ONLY way that I'll buy a car. ANY car, not just an expensive Benz... We save until we can buy. NO borrowing, if it takes 10 years. FINE!

Regards
RBs is offline  
post #4 of 15 (permalink) Old 05-27-2006, 12:40 PM
BenzWorld Elite
 
Michael Pillay's Avatar
 
Date registered: Oct 2003
Vehicle: 500SE AMG, E350 4matic, GL 450
Location: Michigan
Posts: 5,281
Mentioned: 0 Post(s)
Quoted: 80 Post(s)
Most here finance their vehicles. I agree with RB. Buying outright is the best way, but few can or do. In this area, just about everyone works for GM or has a relative that works for GM. This means discounts on GM vehicles. When you combine that with special financing being offered-a new car has pretty good/low monthly payments.

Mike
Michael Pillay is offline  
post #5 of 15 (permalink) Old 05-27-2006, 01:30 PM
BenzWorld Elite
 
Kajtek1's Avatar
 
Date registered: Dec 2005
Vehicle: W211 E320 Bluetec R129 SL500 - $1300 car ........ Ford F350 6l
Location: CA Bay Area
Posts: 31,754
Mentioned: 9 Post(s)
Quoted: 1119 Post(s)
Banks, or dealers make good money on leasing. Guess who is the one paying?
For people getting new car every 2, or 3 years the extra money might be worth spending to avoid hassle of selling used car, but I like to keep good cars, so prefer to pay cash.
And when I am short on cash, I sell my recyclable aluminum
Kajtek1 is online now  
post #6 of 15 (permalink) Old 05-27-2006, 04:49 PM
BenzWorld Junior Member
 
Date registered: Feb 2006
Vehicle: C240 Elegance
Location: NZ
Posts: 17
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Red face Buy or Lease

Leasing is good for companies - they can claim tax benefits and do not have to worry about maintaining the car and selling it at the end of it's financial life. The same may hold for self-employed or very high income earners

For (average) individuals, the pleasure is in 'owning' the car and for a Merc, this can be painful in saving to buy it or buying on credit and paying it off.
kinghippo6 is offline  
post #7 of 15 (permalink) Old 05-27-2006, 06:38 PM Thread Starter
BenzWorld Member
 
Date registered: Apr 2006
Vehicle: S350 TD w140
Location: Spain
Posts: 214
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Send a message via MSN to efra Send a message via Skype™ to efra
(Thread Starter)
ok Thanks at all.... i didn´t know in USA buy cars laike in Europe... i had think in USA most people that change cars every 1 or 2 years, works with leasing.......
efra is offline  
post #8 of 15 (permalink) Old 05-27-2006, 07:10 PM
BenzWorld Member
 
FireFox31's Avatar
 
Date registered: Sep 2005
Vehicle: Green '02 E320 Wagon
Location: NJ
Posts: 336
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
If I can't afford to buy it outright, I don't buy it.... which is why I always buy 2-3 years used. Why should I take 50% depreciation in those first 2-3 years? And why pay a dealer to drive a car that they own? Buy outright, buy for life.

-
FireFox31
Getting my Benz back on the road one step at a time
FireFox31 is offline  
post #9 of 15 (permalink) Old 05-28-2006, 12:30 PM
BenzWorld Elite
 
Michael Pillay's Avatar
 
Date registered: Oct 2003
Vehicle: 500SE AMG, E350 4matic, GL 450
Location: Michigan
Posts: 5,281
Mentioned: 0 Post(s)
Quoted: 80 Post(s)
I have only bought one new car in my life. I see no advantage to it. A couple year old car will work just as well especially if you have a ppi done and use common sense when shopping for it.

Mike
Michael Pillay is offline  
post #10 of 15 (permalink) Old 05-28-2006, 01:44 PM
Lifetime Premium Member
 
Musikmann's Avatar
 
Date registered: May 2006
Vehicle: 2001 E320 - Brilliant Silver/Ash: 107,000+
Location: West Virginia, USA
Posts: 17,193
Mentioned: 0 Post(s)
Quoted: 6 Post(s)
Lifetime Premium Member
My advice is that IF you buy new, plan to take care of it and drive it for as long as it's still dependable, and as long as it's not costing you a lot of money to maintain. I have only bought one new car in my life, a 1994 Plumoth Acclaim, and I'm still driving it with 140,000 miles. Although this has been a good auto, I doubt that I'll do this ever again.

Leasing makes absolutely NO sense to me. I was looking for a nice used (newer and fewer miles) than my current M-B E430 and the salesman tried to sell me on leasing a new E350. Since I am in sales, he said I could deduct almost the entire lease payment if I worked in that car. Well, I bought a Benz for pleasure, and that's partly why I still drive, and work, in that 140k miles Plymouth.

Lastly: Pay cash and buy used, but be careful what you are buying!

Good Luck,

Musikmann
Musikmann is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > General Mercedes-Benz

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome