How many knuckleheads do you know who are modding their LEASED Z?
08-01-2006, 01:27 PM
#61
Originally Posted by dutchboy350Z
So you're saying that a used car depreciates at the same rate a brand new car does when it's driven off the lot?
let's see The original owner of my car payed $38,900 (he/she left the sticker price in the manual). 3000+ miles later he/she sold it to Carmax. Carmax was selling it for $31,980 (KBB $35,000+).
So the car depreciated from $38,900 (not included tax, tags, etc.) to $35,500 (KBB Value)
Now 4,000 miles later my car is still worth $34,880.
Original owner lost atleast $3400 after owning it.
I lost $620 since owning.
How is that the same?
let's see The original owner of my car payed $38,900 (he/she left the sticker price in the manual). 3000+ miles later he/she sold it to Carmax. Carmax was selling it for $31,980 (KBB $35,000+).
So the car depreciated from $38,900 (not included tax, tags, etc.) to $35,500 (KBB Value)
Now 4,000 miles later my car is still worth $34,880.
Original owner lost atleast $3400 after owning it.
I lost $620 since owning.
How is that the same?
08-01-2006, 01:30 PM
#63
Originally Posted by 97supratt
Original owners who purchase new cars lose more because when a "new car" becomes a "used car", the price automatically drops regardless of mileage as long as it has more than 0.
08-01-2006, 01:45 PM
#64
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Originally Posted by dutchboy350Z
That's what I'm trying to get across ... the previous poster was stating that driving anything off the lot, "used" or "new", it depreciates the same.
08-01-2006, 01:53 PM
#65
Originally Posted by visionboy
are you referring to me? I didn't mention anything about used car...and wasn't comparing new vs use. My point was originally I wouldn't put alot of money down on any car because it depreciates. i rather put alot of money into something that appreciates instead. People make different decisions in life. There is not just one best way to do things so dont go knocking on people who don't think like you, please.
Also I agree that I wouldn't try paying off a "new" car right away.
08-01-2006, 01:56 PM
#66
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Hi I am a Knucklehead then 
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
oh yea for got this body kit... INGS Replica... saved rear emblem and rear wiper...
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
oh yea for got this body kit... INGS Replica... saved rear emblem and rear wiper...
Last edited by Jason@Performance; 08-01-2006 at 02:00 PM.
08-01-2006, 02:03 PM
#67
Originally Posted by Jason@Performance
Hi I am a Knucklehead then
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
oh yea for got this body kit... INGS Replica... saved rear emblem and rear wiper...
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
oh yea for got this body kit... INGS Replica... saved rear emblem and rear wiper...
08-01-2006, 02:06 PM
#68
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Originally Posted by Jason@Performance
Hi I am a Knucklehead then
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
4 year lease... 12,000 miles per year...
My Z was modified.... lets see...
4 different NISMO CF Carbon Ciber Front Bumpers, CF Nismo Side Skirts, CF Nismo Rear Valances, CF Nismo Wing (all replicas of course)... Fuzion CF Hood...
Suspension, I had... Eibach Springs, TEIN S-Tech, Tanabe GF210, HKS Hipermax II, NISMO Sways...
NISMO LMGT4's, and ENKEI NT03+M
TILTON Flywheel & Clutch, UR Crank Pulley, JWT Pop Charger, Rev-UP lower plenum, NISMO Exhaust, DC Headers,
Gutted Interior w/ Sparco Pro-2000
Full body graphics, then repainted to SMOKE color as seen on the Maxima and Titan... 06 Tail Lights to boot...
Stop TEch 4 wheel BBK
Mialege in the 3 years I had it... Sold with 68000 Miles on it... Put it back to stock except for the crank pulley and headers...
What to do with a car that has been modified if you want out of the lease... Have the dealer buy you out of your lease and get what ever else you want...
It really is not a big deal...
Example... Call who ever you are leasing the car from, find out your total pay off amount... Say it is $18000, Your Z is worth $16,000 as a trade... It will cost you $2K to get out of your lease...
Sell off your mods...
Done
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
08-01-2006, 02:13 PM
#69
Originally Posted by UnderdogZ
Yeah I'm a Knucklehead too
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
READ THE ORIGINAL POST ... I said for people that leased without the intent to buy ..... also how are you using a lease payment as a tax deduction?
Mods Please close this thread ... it's absolutely useless.
08-01-2006, 02:13 PM
#70
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leasing cars to mod is just the same as purchasing a car to mod only to trade in 2-3 years. damn, i guess we're all knuckleheads then...lol
i know you retracted your original statement...just messing with you
i know you retracted your original statement...just messing with you
08-01-2006, 02:20 PM
#71
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Originally Posted by jmckuhen
IMO I made the right decision. If you wanted to make this an economic and/or financial planning thread, you should have titled it appropriately. You will find that a lot of people on here have leased their car for their own reasons.
08-01-2006, 02:21 PM
#72
Originally Posted by UnderdogZ
Yeah I'm a Knucklehead too
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
08-01-2006, 02:24 PM
#73
Originally Posted by highside107
Haha, yeah, if we all wanted to make smart financial decisions we probably shouldn't have even bought a $30k sports car in the first place. I'm not leasing, but knew that buying a Z brand new wasn't smart (financially) in the first place. Just want to enjoy life a bit
08-01-2006, 02:50 PM
#74
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Reguardless... All the money I spent on my Z I FEEL (which is most important) that I loved my car every second I drove it... It was worth all that I gained / lost from it...
When it comes down to it... Doesnt matter what you spend, as long as YOU are happy...
When it comes down to it... Doesnt matter what you spend, as long as YOU are happy...
08-01-2006, 03:03 PM
#75
Originally Posted by Jason@Performance
Reguardless... All the money I spent on my Z I FEEL (which is most important) that I loved my car every second I drove it... It was worth all that I gained / lost from it...
When it comes down to it... Doesnt matter what you spend, as long as YOU are happy...
When it comes down to it... Doesnt matter what you spend, as long as YOU are happy...
Thats why we are called "enthusiasts", man I miss my 2jz.
08-01-2006, 03:12 PM
#76
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secrets to making money woohoo!!!!
Originally Posted by UnderdogZ
Yeah I'm a Knucklehead too
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
I leased my enthusiast roadster with 0 down, pay 580/mo for 4 yrs
I deduct every single payment every fiscal year and get every penny back
at the end of the four years I will have driven a roadster for the last four
years for free and I will only need to pay about 15 k to buy out so by that
time I buy out I estimate my roadster will be worth 25k and I will only have
paid 15k or less for it while you finance the whole retail price......
yeah I'm a knucklehead alright.... I'll make money on mine while yours
depreciates.....
if he doesn't share the secret to $0 leasing.or
i need to lease a couple of cars for $0... can't wait for the answer
08-01-2006, 03:39 PM
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UnderdogZ needs to step up and hook the brothers up with free cars...
i'm pretty sure the admins would also like da hook-up.
free cars to all my family members woohoo.... maybe i should get a SL 55 and get the hookup UnderdogZ said and i'll lease my 2 SL 55s for free.
hhmm, maybe i should lease 7 for each day of the week...
SNAP... BEST THREAD EVA!!!
i'm pretty sure the admins would also like da hook-up.
free cars to all my family members woohoo.... maybe i should get a SL 55 and get the hookup UnderdogZ said and i'll lease my 2 SL 55s for free.
hhmm, maybe i should lease 7 for each day of the week...
SNAP... BEST THREAD EVA!!!
08-01-2006, 03:47 PM
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B.S. huh ignorance is bliss, do some google research regarding tax deductions with leased vehicles... Business is one way of deducting, the rest is based on conditions pertaining to how you make your income... I did my research do yours and don't hate 
it makes you sound very juvenille any one who knows taxes knows this is not B.S. why do you think leases exist, they don't neccessarly exist for the benefit of the average Joe. They exist primarly for the systematical benefit of business.
if you still confused you are on your own !
ignorance is bliss, do some google research regarding tax deductions with leased vehicles... Business is one way of deducting, the rest is based on conditions pertaining to how you make your income... I did my research do yours and don't hate it makes you sound very juvenille any one who knows taxes knows this is not B.S. why do you think leases exist, they don't neccessarly exist for the benefit of the average Joe. They exist primarly for the systematical benefit of business. if you still confused you are on your own !