General Car Conversation
03-08-23, 01:21 PM
#3019
Pole Position
Read an interesting stat about leases- would anyone have ever guessed that Honda is the #1 brand for leases (by volume)? Here's the top 5:
1. Honda
2. Chevrolet
3. Toyota
4. Nissan
5. Ford
Why would 2 of the 3 most historically reliable brands (Honda and Toyota) be leased so frequently? I know nothing about leases so perhaps this is an ignorant question. I just always assumed if I ever leased I would do it with cars that were higher luxury, lower reliability since you know you wouldn't have to deal with them in 3 years..?
1. Honda
2. Chevrolet
3. Toyota
4. Nissan
5. Ford
Why would 2 of the 3 most historically reliable brands (Honda and Toyota) be leased so frequently? I know nothing about leases so perhaps this is an ignorant question. I just always assumed if I ever leased I would do it with cars that were higher luxury, lower reliability since you know you wouldn't have to deal with them in 3 years..?
03-08-23, 01:44 PM
#3020
Lexus Champion
It's like me in an art museum, some people sit and stare and/or draw all day long. That sounds like torture. A $100M slab of paint, the only thing that impresses me is the value. I appreciate art but I just don't care and don't ever go to art museums.
The way said art lover I'm sure knows what a Mercedes-Benz is and that it's upmarket, but that's it, all they know or care to know about it.
They can explain to me why the art is so great which would go in one ear and out the other, and my my ensuing explanation of what a Silver Arrow R129 SL is, they could not give two flips either. And that's all good.
Last edited by AJT123; 03-08-23 at 01:47 PM.
03-08-23, 02:03 PM
#3022
Pole Position
I also wonder if these cars (Honda, Toyota leases in particular) have good/better residuals and people don't get in too ugly of a situation when they go to turn them in or potentially buy them out..?
03-08-23, 02:11 PM
#3023
Lexus Champion
I've leased many times. I've done it for the sole purpose of finding it to be the most efficient way to get into a new car every few years. I am one to grow tired of a car after about 2-3 years and have the desire to get something new. However, my priorities have since shifted therefore I have purchased, rather than leased, my current fleet. I could easily go back to leasing, though, depending on the car and my needs.
03-08-23, 02:48 PM
#3024
Lexus Champion
I've leased many times. I've done it for the sole purpose of finding it to be the most efficient way to get into a new car every few years. I am one to grow tired of a car after about 2-3 years and have the desire to get something new. However, my priorities have since shifted therefore I have purchased, rather than leased, my current fleet. I could easily go back to leasing, though, depending on the car and my needs.
03-08-23, 04:07 PM
#3026
Lexus Champion
At $200 a month that's just a great deal no matter how you slice it for transport.
03-08-23, 05:54 PM
#3030
Lexus Fanatic
Thread Starter
So happy to have my car back. I gotta keep earning, I can't go back to driving ordinary cars lol....