Tag Archives: breakdown

The value of Third Party Banks

2016 Lexus GSF

2016 Lexus GSF Courtesy: aolcdn

When leasing a car there are many things that can get in the way, and can make the process more costly. Some may not know that it’s more expensive, that’s because they are unaware of the fact that money can be saved here.

This paragraph may seem out of place, but please bear with me, it’ll make it easier to understand the next paragraph. When leasing a car, who does the car actually belong to? It belongs to a bank. The bank buys the car from the dealership and the customer pays the monthly payment to the bank. Each car manufacturer has their specific bank/banks that they are affiliated with that they use for auto leases. Continue reading

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Why Lease? Part 1

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2003 Mazda MX-5 Miata Courtesy: Flickr

You’re driving home from work on a random Wednesday night. Vibin to some country tunes, in your 2003 Mazda MX-5 Miata. It’s got some amazing features for a 2003 car. You purchased it about six years ago just as you were finishing college. You had some money saved up and dad helped out with the rest.

A month after getting the car you starting having second thoughts, thinking you may have spent a little too much on it. As time went on your thoughts were proved wrong. After five years, you know that got way more than your money’s worth. The looks that you got, the memories, those long relaxing drives, etc. You love everything about the car, even those days that you spent at the mechanic fixing up some minor things to keep it in shape. Continue reading