2BDriver Hypersonic March 30, 2014 Share March 30, 2014 I saw Alfa on ytd paper, the leasing scheme quite attractive Can you share what are their offer rates ? TIA............. ↡ Advertisement Link to post Share on other sites More sharing options...
Nzy Twincharged March 30, 2014 Share March 30, 2014 If can afford the down payment then I still think its better to buy than lease. Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic March 30, 2014 Share March 30, 2014 Alphard should cost at least $3k or more to lease one! But given the high road tax, depreciation and loan interest, for people like me who change car frequently maybe will be a better cheaper solution 1 Link to post Share on other sites More sharing options...
13177 Supersonic March 30, 2014 Share March 30, 2014 Leasing should be good if you like to change car often? Like sign up for a 3 years leasing contract, every month pay $2-3k for a car, then after contract ends, request to change to another car with a new contract?! 1 Link to post Share on other sites More sharing options...
Porche 5th Gear March 30, 2014 Share March 30, 2014 Can you share what are their offer rates ? TIA............. i only see $0 downpayment, monthly from $999. Affordable but car is too small for my family Link to post Share on other sites More sharing options...
Jerrcik 1st Gear March 30, 2014 Share March 30, 2014 By the way If you drive a lot, say 150km per day, PLEASE DO NOT LEASE. Some ADs had small small clause, indicating only 15000 to 20000km per year. After which, additional costs will be implemented. Link to post Share on other sites More sharing options...
Tiger1 6th Gear March 30, 2014 Share March 30, 2014 Either way, if cannot afford, better to take BMW. For those leasing on $3,000 monthly, your basic take home pay better be more than $8000. And i am not talking about commission based, sometime got 8k sometime eat glass type hor. Link to post Share on other sites More sharing options...
Antonee 6th Gear March 30, 2014 Author Share March 30, 2014 i only see $0 downpayment, monthly from $999. Affordable but car is too small for my family The Mini offering from 1.5k... cute puny car Link to post Share on other sites More sharing options...
Porche 5th Gear March 30, 2014 Share March 30, 2014 The Mini offering from 1.5k... cute puny car I can' t afford... Still waiting, my old van still have a few more years Link to post Share on other sites More sharing options...
Vhardono Clutched March 30, 2014 Share March 30, 2014 The Mini offering from 1.5k... cute puny car MINI, monthly 1.5k promotion only for 1st year... 2nd year onwards, monthly 2k + (totally not worth it) Link to post Share on other sites More sharing options...
Lala81 Hypersonic November 13, 2015 Share November 13, 2015 Anyone has any car rental/car leasing company to recommend? My friend needs a car for 3 months next year Link to post Share on other sites More sharing options...
Mugenboy 1st Gear November 15, 2015 Share November 15, 2015 Heard there are some leasing in which at the end of the day the car would be yours after hit the minimum leasing period. Link to post Share on other sites More sharing options...
vision3001 2nd Gear December 2, 2015 Share December 2, 2015 >Do you think it will considerable to lease a new car instead? Have you done any breakeven analysis yet? Link to post Share on other sites More sharing options...
Kelpie 2nd Gear February 14, 2016 Share February 14, 2016 Hi all, I am thinking of leasing a new car for 5 years versus getting a used car with OMV (say 5 years old). There will be no issue with down payment for the either options. On the surface, leasing seems attractive as it looks to me that one needs not worry about the following items: 1. Road Tax 2. Insurance 3. Maintenance and servicing (plus point as used car condition from the 6th to 10th year may be unpredictable). 4. What about consumables like the tyres, battery, wiper and etc? Are the above true? Can the experts advise us here? Thank you very much. Regards, Link to post Share on other sites More sharing options...
vbchia 1st Gear May 3, 2017 Share May 3, 2017 (edited) Anyone had any experience with them would know about what I'm about to say. I took a finance lease scheme from Hitachi from Dec 2014 onwards, 28 months later, after 28 installments, the outstanding amount is just reduced by less than 10k from the original loan amount. That is a hefty 25k penalty from the total amount of over 36k paid. When I asked them for their detailed calculations. All I got was silence. So if anyone come across financing done by them, my advice is just do it through a bank. Otherwise you'll get burned. Edited May 3, 2017 by vbchia Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 3, 2017 Share May 3, 2017 No head no tail story. Great But we get the message. Don't take loans from them. 3 Link to post Share on other sites More sharing options...
Ingenius Turbocharged May 3, 2017 Share May 3, 2017 (edited) Could it be the first $25k instalments go towards paying for the interest first. Anyway Hitachi credit is quite an established loan company. Edited May 3, 2017 by Ingenius Link to post Share on other sites More sharing options...
jg2000 4th Gear May 3, 2017 Share May 3, 2017 Anyone had any experience with them would know about what I'm about to say. I took a finance lease scheme from Hitachi from Dec 2014 onwards, 28 months later, after 28 installments, the outstanding amount is just reduced by less than 10k from the original loan amount. That is a hefty 25k penalty from the total amount of over 36k paid. When I asked them for their detailed calculations. All I got was silence. So if anyone come across financing done by them, my advice is just do it through a bank. Otherwise you'll get burned. I suspect finance lease scheme is more a lease or rental scheme but in the end you get to own the car. Hence much more expensive. Probably only those who want to avoid high down payment may find it attractive as it probably can bypass the min down payment requirements. ↡ Advertisement Link to post Share on other sites More sharing options...
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