Frazz by Jef Mallett for June 21, 2008
June 20, 2008
June 22, 2008
Transcript:
Frazz: And? You like how a nice bike rides? Coach Hacker: Yeah. But they're too expensive. Frazz: You can get an awesome bike for under $1,000. Coach Hacker: Hello? A $1,000 bike is expensive. Frazz: Not really. A $30,000 SUV is expensive. Coach Hacker: Don't give me that look. I lease my truck.
I sold cars for 23 years before I retired. People would lease a car, pay $600 a month for 36 months and then give it back to us. If they didn’t go over the miles allowed, they have spent $21,600 plus all the extras you mentioned and have NOTHING to show for it. Not me. Most of them did it because the payment was lower than buying. No other reason. They had resigned themselves to the idea that they would have a car payment for the rest of their lives, so why not?