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purchasing a luxury car
For those of you that drive cars in the 35 - 45,000 range.
Do usually pay it off at first... or how do you go upon that? What percent of a downpayment do you usually make? Im confused on how to go upon this. |
learn english first? :)
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he just need to know how to form a sentance. :thumbsup
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Don't buy it or finance it. Make it a corporate lease. Talk to your lawyer and/or CPA - they'll tell you how to set it up.
BTW, in that price range - I recommend GS300 by Lexus. |
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$35-$45k isn't a luxury car
$100,000 is where luxury begins |
fuck the gs... lexus is overpriced... buy an infiniti, mine was great and the service simply can not be beat... ive dealt with benz, bmw, and lexus and they dont compare... infiniti will give you a loaner for everything, even oil changes... you take your car in and regardless of what is getting done to it: oil change, tire rotation, whatever the most minor thing is it doesnt matter THEY DETAIL YOUR CAR... not wash... DETAIL, you get in it and the rugs have been scrubbed and shampooed... and the people are actually pleasant to you all the time, i hate bmw dealers... most think their shit dont stink... plus: infiniti just dropped the prices of the unsold 2003 q45's into that price range... the car is totally hooked up... check them out
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I buy my cars on the one payment plan, I hate having bills to pay every month
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once you figure out what your going to do, negotiate the whole purchase over the phone and have everythnig waiting for you ready to go. I hate sitting in dealerships.
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exspamr, I agree in terms of service - Japanese cares are the best. I've received the best service ever for my GS. They would even come to my house - pick it up and drop off another Lexus loaner for me at the door.
Lexus is usually ahead of all other automakers. For example, they just came out with the option that allows you to open your car with a finger print :-) I also own a BMW and their service sucks so bad that I don't think I'll ever buy another German car no matter what it is. |
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My dad paid the insurance first.
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I am thinking a 2002 Benz CLK 430 , coupe, amg, sports package.
I have fallen in love. :( |
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MrPheer,
Here in the SF Bay Area BMW service sucks so bad - that that fact along will make me never buy a German car. It's to the point of being insulting. |
I think service depends alot on your location, although I have to agree that BMW service sucks. I would be seriously impressed though if you told me you got that great service in NY. But I still rather choose a car on the way it drives, rather than on the way its serviced which is why I like BMW.
Leasing makes more sense in my head, because I want to change cars pretty often, and if you purchase a car and then resell it, you will end up losing the same on depreciation as you would had you leased it. The only real thing to watch out for is your mileage, and that you take care of your car so you don't return it in shit condition. |
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http://www.moviepatrol.com/coupe.jpg |
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lol, nice mustang tail lights on that riced out blue civic
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That is a Mustang :winkwink: with supercharger!
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Hot car! it must've been expensive.
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I was going to do the one payment plan but the rate on a new car loan 3.5%. I can pay off my house that is a higher % so I financed it. The lease had lower payments but was a higher interest rate so I bought it. |
Ive leased 1 truck (Durango R-T for 50k ) and bought the other ( Jeep Liberty limited 40k)....
Leaseing is something I'll never do a second time, Ive gone WAY over my miles. My leased truck still looks great almost new. I'll have to buy it out at the end of the lease next year since the new Durnago is fucking insanely ugly. I'll keep my 2000 forever. The Liberty is defiantely for sale, its seats are the most uncomfortable things you can possibly have in a ride, Ive never had seats this uncomfortable. My wife loves it, I hate em. Too stiff. |
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Lexus of course!
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Buy a 5 series :) niiice.
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places will eat your ass out with a spoon, others won't even give you free cofee. The BMW dealerships around here hook you up with free food, loaners, internet access, and all types of shit. The G35 is aight. If you're willing to spend a bit more, you can get a used 2002 7 Series for about $50k with around 10k miles on it and warranty for up to 50k. It's a pretty pimp ride, though it eats gas like a mother fucker. |
I would talk to your accountant.
I did a lease to own with a prenegotiated buy-out. I had a corporate rate that gave me .9% financing, and put a large downpayment because I needed the tax break. I was allowed to also hahahahaha off a percentage of the monthly payment because I use my car for business. All will depend on what your personal financial situation is. |
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That is based on the dealership. Not the car manufacturer. Even some hyundai dealerships give you a loaner car for an oil change |
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Yeah, but it runs like an import! :Graucho |
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