F-Type ( X152 ) 2014 - Onwards
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Did you lease or buy your F Type?

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  #1  
Old 08-05-2014, 12:14 AM
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Default Did you lease or buy your F Type?

I ended up putting mine in my company name under a 70/30 split, 70% business expense and 30% personal use. May end up buying it after the lease but this model works best for me with regards to tax implications.
 
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Old 08-05-2014, 12:20 AM
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I leased. Go through cars too quickly so like the convenience of returning it when the next hot car is out. Having to private sell is too much hassle and I always feel raped by trade-ins.
 
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Old 08-05-2014, 12:26 AM
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Originally Posted by shift
I leased. Go through cars too quickly so like the convenience of returning it when the next hot car is out. Having to private sell is too much hassle and I always feel raped by trade-ins.
exactly my same thoughts, given that I write off a good percentage of the lease it feels like a no brainer to me and allows me to be flexible to keep jumping into the "next best thing".
 
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Old 08-05-2014, 07:30 AM
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bought all of mine

Used to pay cash outright, but with interest rates lower than nearly anything in the market, financed some of them lately.
 
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Old 08-05-2014, 08:29 AM
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Bought-retired, no write-offs, hate paying notes regardless of interest rates.
 
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Old 08-05-2014, 04:09 PM
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I bought it. Always wanted a V8 Roadster. Now I have one I like. I suspect I will keep it and have it as a 'forever' second car. The Range Rover is leased and will keep changing.
 
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Old 08-05-2014, 04:26 PM
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Will lease this car because at lease-end, it'll have very low miles and be in perfect condition which will allow me to possibly sell the car and profit from the sale without turning it back in. I believe the low production and high demand of this car will make it very attractive 36 or 39 months from now and that I can still make money on it above my residual payoff...I have done this successfully with in-demand cars such as this...and I see no difference here with the F-Type coupe.

Plus, it'll always be under a full warranty and the flexibility of the lease will allow me to step into the next,best thing at that time since we'll be on another planet financially that that point.
 
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Old 08-05-2014, 04:46 PM
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Originally Posted by gotwish
bought-retired, no write-offs, hate paying notes regardless of interest rates.
exactly
 
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Old 08-06-2014, 08:08 AM
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Bought mine and paid cash. Can't stand paying interest and the lease rate offered to me was very high (6.9%)..
 
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Old 08-06-2014, 07:28 PM
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Originally Posted by golfhero
Bought mine and paid cash. Can't stand paying interest and the lease rate offered to me was very high (6.9%)..
FWIW, I got very favorable money factor. Equivalent of about 2.5%. Think Jag was running a special, was very surprised. Was expecting something around 4.5% for leasing.
 
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Old 08-06-2014, 07:42 PM
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Don't think I've ever seen a thread on this specific topic on any other auto forum that didn't ultimately descend into financial d**k flapping...

Hopefully with the sophisticated crowd we have here we might have an internet first...!
 
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Old 08-06-2014, 07:54 PM
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Originally Posted by swajames
Don't think I've ever seen a thread on this specific topic on any other auto forum that didn't ultimately descend into financial d**k flapping...

Hopefully with the sophisticated crowd we have here we might have an internet first...!
So.....I lease a new F-Type every 6 months so I don't have to put license plates on it ;-)
 
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Old 08-06-2014, 07:55 PM
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Originally Posted by swajames
Don't think I've ever seen a thread on this specific topic on any other auto forum that didn't ultimately descend into financial d**k flapping...

Hopefully with the sophisticated crowd we have here we might have an internet first...!
Very true. Not sure why people care so much what other people do with other people's money. Some people will insist the only way to pay for a car is 100% cash. Others will insist leasing is the only way to do it because of the tax deductions. Others argue that they can invest money can...These threads are only useful in getting information out to the consumer, so we can make informed decisions. Beyond that, no right or wrong, everybody's situation is different.
 
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Old 08-06-2014, 08:09 PM
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Originally Posted by schraderade
So.....I lease a new F-Type every 6 months so I don't have to put license plates on it ;-)
Ha!!! I just knew what was going to be in that link before I even clicked it!!!
 
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Old 08-06-2014, 08:11 PM
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Originally Posted by shift
Very true. Not sure why people care so much what other people do with other people's money. Some people will insist the only way to pay for a car is 100% cash. Others will insist leasing is the only way to do it because of the tax deductions. Others argue that they can invest money can...These threads are only useful in getting information out to the consumer, so we can make informed decisions. Beyond that, no right or wrong, everybody's situation is different.
 
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Old 08-06-2014, 08:16 PM
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Originally Posted by shift
...everybody's situation is different.
What he said.
 
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Old 08-06-2014, 09:07 PM
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Originally Posted by schraderade
So.....I lease a new F-Type every 6 months so I don't have to put license plates on it ;-)
is that 6-month loop hole thing real? I just got my plates from CA DMV. But I'm waiting on my personalized vanity plates..so maybe just drive around for 6 months w/o plates?
 
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Old 08-06-2014, 09:09 PM
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Originally Posted by schraderade
so.....i lease a new f-type every 6 months so i don't have to put license plates on it ;-)
😀‼️
 
  #19  
Old 08-07-2014, 08:32 AM
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Originally Posted by shift
FWIW, I got very favorable money factor. Equivalent of about 2.5%. Think Jag was running a special, was very surprised. Was expecting something around 4.5% for leasing.
Wow. That is a big difference compared to what I was offered here in Canada. They wouldn't budge...
 
  #20  
Old 08-07-2014, 11:26 AM
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Chase is the bank behind Jaguar Leases and the 36 month term money factor for the best tier was .00107 (or 2.56% apr) in July. You match this low rate up with less than favorable residuals and you get a payment which mostly clears depreciation and allows one to trade out of the car with a better ACV pre end of term.

This is the opposite of what MBFS does which is higher residuals and higher money factors thus the payment "feels" good but one doesnt pay down the lease early and is trapped in for the term of the lease.
 


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