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Originally Posted by John14789 What I really want to do is get $65,000 and get that and put it in a cd and get interest on that monthly and then pay for my new escalade or 745i bmw. This is the smartest thing to do.
Leasing is a smart idea but to me its like renting a house you dont get anything out of it in the end.
Did you buy the hummer h1 used or new?
Is it yours because its a really nice suv | The difference between leasing a Car and renting a house is that with a car, you'll eventually upgrade/replace the car. Homes last longer than Cars. Plus, once your house is outdated, all you do is remodel. With a car, you'll have to replace it. Most of use replace it within a few years, plus like Greenbean said, mechanical costs will go up as the car ages. For me it makes sense, my Titan is aging. I have about 88k miles on it already, by the 100k mark I'm going to have to replace it to avoid any costly repairs...luckily it's been a great truck so far.
I passed by an Infinity Dealership and I got me a G37 brochure...it's one sexy car. Also, it's not too expensive for a luxury/sports car. Depending on the trim you desire, it's starts at 34k I believe...you should expect 40k after taxes/destination charges, etc. The best thing about it, it's a V6! I'll get twice the MPG's as my current truck...
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