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I've always just bought new cars (ever since my first, a Pontiac Sunfire). I'm considering leasing my next vehicle. I played around with the configuration and built a VW Tiguan Cross Sport, for example, and with $11,000 in combo of trade-in and down-payment I got $264 (15k miles, 36 month lease, $6k down, $5k in trade), while financing it I got $495 ($5k down, $6k trade-in, 60 months, 0%). At 1.9% it goes up to $520. $495*60/96 (eight years of use) is $309/month. That seems odd — the lease is less expensive. But… the lease only works ONCE with the trade-in, because your next lease, you don't have anything to trade in. So a lease on this particular car with a $1k down payment is $551… which is quite a bit more than $309/month. Now, here's the thing… I was prepared to pay a bit more (and this isn't consider lease termination fees, etc.), but about 75% more ($309 vs. $551) for the second car? Sure, I'll save a little (maybe) or break even for three years… but then I've lost my rolling equity on everything after that. Again, I'm willing to pay a little bit more to get a new car every three years, but how does anyone lease at a 75% surcharge? Am I doing some bad math here somewhere, or something? Should we just keep buying new every eight years or so?
I was curious how many people leave their clubs in the car all season long. It gets pretty hot up here in the summer and I don't like leaving my clubs in my car because I am always worried someone will steal them and I wonder the effects of the heat on the glue, grips and any other issues that might arise from sitting in the car in the hot summer months. When we pulled into the hotel at Myrtle Beach and unloaded our clubs a few older guys asked why we were bringing in our bags. I said two reasons, 1 - I don't want our clubs stolen, would ruin our vacation and 2 - I don't think the heat/cold/moisture of sitting in the car is good for the clubs and bag. If anyone knows of any adverse effects of them sitting in the heat/cold/moisture, please chime in.