hey guys,

I am looking to sell my r8 or trade it in (paid for). I was wondering if doing a lease was a good idea instead of financing. Now i should probably get 100,000 for my car, and probably negotiate a price around 210,000 for the lp560

can you gys tell me if this is a good idea to do that. why or why not?
and what am i looking to pay, I had a quote of +/- 1000 a month online, but the guy at a leasing company with lambo, quoted around 2gs

 

Let's restart this thread. Fellas, if you can legitimately help the OP, please do. Otherwise, there's no need for snide remarks.

 

dont do it!

r8 >>>>>>>> lp560

otherwise, i can be of no assistance to you as i know nothing about financing.

 

lol r8>lp560 ? no way....r8 is a piece of shit compared to the lp560

 

IMHO, Leasing a car = Renting a car.

 

And considering the massive depreciation on Lambos, that's not an especially bad thing.

Kind of depends on your intentions with the car. If you want to play with it for two years and then get something else, the lease makes sense so long as you're not planning on driving it much beyond the mileage allowance. If you're going to keep it for more than, say, five years, finance the balance.

 

exactly, I dont like keeping cars for more than 2 years, my r8 hasnt gone even 2 years yet. I like to change cars, since they always have newer and better cars coming out. Its just that I was wondering if I was getting into something that was a bad idea without fully realizing every possible outcome. I am after all pretty much giving my car as a down payment, which is what makes me wonder if this is a good idea.

 

Well, the "investment" of your paid-for car is going away in this situation no matter what. If you fork it over on a lease, it's gone when you return the car. If you fork it over as part of a finance arrangement, it's gone in a year or two once the depreciation takes its toll.

If you want to keep that money, buy a used Superleggera or something that some other guy has already taken the 100k hit on.

 

yea I understand. I thought of the superleggera, but the lp560 is the only lambo that actually did something for me

 

2000/month for the 560? how much cap reduction? i would do that route in a heartbeat if the cap reduction were minimal. CA sales tax would be about $20k by itself that you would eat if you re-sold the car.