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Forum: Canada
Apr 8th 2013, 3:48 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

not in Canada they don't. Choice of straight-6 or V8 gas engines.
Forum: Canada
Apr 8th 2013, 2:23 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

Are you after sensible advice or ill-founded opinion? I have plenty of the latter, based on nothing but my own prejudices... in short, it's a dreadful vehicle, wouldn't even consider it.

- First,...
Forum: Canada
Apr 5th 2013, 6:26 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

Now you're just being silly :p. I doubt there are many people for whom our hypothetical $50k car is a seriously-contemplated option would be happy stepping into a $5k beater for a year or two. Sure,...
Forum: Canada
Apr 5th 2013, 3:43 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

Car costs $50k. I have $50k in the bank, earning 2% a year. I leave it there, take the dealer offer of 0% finance. A (diminishing) proportion of my $50k stays in the bank, earning interest, while I'm...
Forum: Canada
Apr 5th 2013, 3:11 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

You have a dealer willing to lease you a 2-3 year-old car at 0%? That sounds almost too good to be true. As R I C H implies, if the cost of the first couple of years' depreciation is taken out of...
Forum: Canada
Apr 5th 2013, 2:36 pm
Replies: 189
Views: 11,977
Posted By Oakvillian

Re: Advice on 4X4 lease and types.

Received wisdom is that a personal lease is not a particularly financially efficient way of getting in a new vehicle here. If you run a business and can lease the car through the business, the tax...
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