Why pre-ordering is dangerous (and often stupid)

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car. You'd have
to be retarded to do it.

Virtually all leased vehicles require some upfront money on top of the
first month's lease payment.
Retarded is making eighteen posts a day, with only a few being true or
near true.

--
lsmft

In article ,
John McWilliams wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with no
upfront money. When this can be done it is often to your advantage even
if the monthly payments are higher.

On 6/27/11 PDT 9:21 AM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with no
upfront money. When this can be done it is often to your advantage even
if the monthly payments are higher.

I'm sure it can be done in most cases, but equally sure you're going to
be forking over more in some way shape or form- either it's give-in
money they were always prepared to ditch, or higher payments that will
more than make up the time value of money for a normal range of interest
rates.

John McWilliams wrote in news:iub3i9$kuf$1@dont-
email.me:

On 6/27/11 PDT 9:21 AM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of
the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with
no
upfront money. When this can be done it is often to your advantage
even
if the monthly payments are higher.

I'm sure it can be done in most cases, but equally sure you're going to
be forking over more in some way shape or form- either it's give-in
money they were always prepared to ditch, or higher payments that will
more than make up the time value of money for a normal range of
interest
rates.




Leased vehicles only "cost" you if you insist on doing the stupidest
thing of all-buying out the vehicle at the end.

On 6/27/11 PDT 7:26 PM, Rich wrote:
John wrote in news:iub3i9$kuf$1@dont-
email.me:

On 6/27/11 PDT 9:21 AM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of
the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with
no
upfront money. When this can be done it is often to your advantage
even
if the monthly payments are higher.

I'm sure it can be done in most cases, but equally sure you're going to
be forking over more in some way shape or form- either it's give-in
money they were always prepared to ditch, or higher payments that will
more than make up the time value of money for a normal range of
interest
rates.

Leased vehicles only "cost" you if you insist on doing the stupidest
thing of all-buying out the vehicle at the end.

Can you make a more ignorant statement? Buying out at e.o.l could be a
great deal, a rotten deal and hence stupid, or a mediocre one. Lots of
factors to be considered at the time.

On 6/27/2011 12:21 PM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with no
upfront money. When this can be done it is often to your advantage even
if the monthly payments are higher.


Depends on your credit rating, and the nature of the upfront payment.
But, whether I want to depends on the interest rate and what I can earn
on my money.

--
Peter

On 6/27/2011 10:26 PM, Rich wrote:


Leased vehicles only "cost" you if you insist on doing the stupidest
thing of all-buying out the vehicle at the end.


It's good you're not judgmental.
I'm glad you don't post a broad based opinion without knowing the facts.

Just because you don't know the reason doesn't mean that someone else
may not have a good reason, which makes perfect sense.

--
Peter

On 6/28/2011 1:03 AM, John McWilliams wrote:
On 6/27/11 PDT 7:26 PM, Rich wrote:
John wrote in news:iub3i9$kuf$1@dont-
email.me:

On 6/27/11 PDT 9:21 AM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of
the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with
no
upfront money. When this can be done it is often to your advantage
even
if the monthly payments are higher.

I'm sure it can be done in most cases, but equally sure you're going to
be forking over more in some way shape or form- either it's give-in
money they were always prepared to ditch, or higher payments that will
more than make up the time value of money for a normal range of
interest
rates.

Leased vehicles only "cost" you if you insist on doing the stupidest
thing of all-buying out the vehicle at the end.

Can you make a more ignorant statement? Buying out at e.o.l could be a
great deal, a rotten deal and hence stupid, or a mediocre one. Lots of
factors to be considered at the time.


Careful John, now he definitely will try to make a more ignorant statement.

--
Peter

In article ,
John McWilliams wrote:

On 6/27/11 PDT 9:21 AM, Robert Peirce wrote:
In ,
John wrote:

On 6/25/11 PDT 5:17 PM, RichA wrote:
Pre-ordering is like putting money down on a leased car.

Virtually all leased vehicles require some upfront money on top of the
first month's lease payment.

In many, perhaps most, cases it is possible to negotiate a deal with no
upfront money. When this can be done it is often to your advantage even
if the monthly payments are higher.

I'm sure it can be done in most cases, but equally sure you're going to
be forking over more in some way shape or form- either it's give-in
money they were always prepared to ditch, or higher payments that will
more than make up the time value of money for a normal range of interest
rates.

That is easy to calculate.

In article ,
Rich wrote:

Leased vehicles only "cost" you if you insist on doing the stupidest
thing of all-buying out the vehicle at the end.

That's not always true either. Sometimes the buy-out is below market
and you can flip the car at a profit. That doesn't usually happen but
it can.

I haven't checked lately, but with "cash for clunkers" and the recent
problems in Japan, used car prices are moving up in an alarming fashion.
It is possible that some currently expiring leases might make a buy-out
attractive.