Werent you exposed by Onlyme for having never owned an expensive car, and simply leasing them or renting them for a weekend to get you pics taken with it? Doesnt surprise me considering all the checks bounced at your Colorado show, yah you must be rolling in the $
Shawn, Its also really believable you purchased a Ferrari on a bodybuilders salary
.....BTW how much money do you make for being on the cover of a bodybuilding magazine?
Bodybuilders are poor as piss, and they were even poorer in the 90's.
This has always been of intrest to me. What do you mean lease, as if it was a risk based form of financing? I don't know how things work in the US, but here in Canada the only thing different between leasing and buying is whether you want to pay on the front or back side of the commitment. I always lease, if I like the car I buy the lease out at it's end and keep it ( often resell it as I get more then the buy out because I look after my rides. )
You need the same credit and cash flow to lease or buy and you can write a % of your lease off. I lease a 2005 RangeRover . . . The price was $115,000. I put enough down to keep the monthly payments to with in my budget. I will buy it out at the end of the three year term and keep it as a low KM's, perfect second ( winter ) car and then lease another car, most likely a Porshe Boxter.
Dose leasing differ that much between Canada and the US?
The Beef