How stupid is a Fiesta ST Lease?

In reply to parker:

I am a brutal car-killer. One mile for me is five for you. Exactly one car I've owned is not in the junkyard for multiple major mechanical failures. Leasing makes sense for me because a brand new car might not be completely shot after 3 years. I don't seem to abuse karts, motorcycles, and open-wheel cars as badly as most other guys, strangely enough.

88 CRX - catastrophic structural failure going over a set of railway tracks, pulled rear suspension mounting points out of the unibody.

93 Sunbird - automatic transmission did a Chernobyl within months of my selling it.

91 CRX - the Survivor, the hot rod my brother, uncle, and I built - still around, still fast, still fun. Now on engine #4 and gearbox #3.

94 Miata - Brother hit a curb with it and damaged the rear subframe. Holed the gas tank trying to get it out. Sold to racing team and parted out.

99 Corvette - The dealer ended up scrapping it after I traded it in. Not willing to say why. I hadn't crashed it.

glueguy wrote: Autocross friend in Chattanooga is already selling his. Bought a Vette. Poster child for auto-ADD https://chattanooga.craigslist.org/cto/4581356733.html I know it won't work for the op's case, but plopping it here in case this thread spurs someone else into contemplation.

That is nice, text sent

In reply to chaparral: Sounds like you need to learn how to drive.

Chaparral: Also sounds like a lease would end up really expensive for you since you'd have to pay for all the damage done to the leased car.

chaparral wrote: 99 Corvette - The dealer ended up scrapping it after I traded it in. Not willing to say why. I hadn't crashed it.

I know of a similar story - a guy I used to work with. His wife's water broke in the car and then she actually gave birth in the entrance to the hospital. I'm told that leaving a gallon of messy bodily fluids closed up in a hot car while you go take care of your family obligations leaves a stench that even professionals struggle to eliminate.

Giant Purple Snorklewacker wrote:

chaparral wrote: 99 Corvette - The dealer ended up scrapping it after I traded it in. Not willing to say why. I hadn't crashed it.

I know of a similar story - a guy I used to work with. His wife's water broke in the car and then she actually gave birth in the entrance to the hospital. I'm told that leaving a gallon of messy bodily fluids closed up in a hot car while you go take care of your family obligations leaves a stench that even professionals struggle to eliminate.

I made my wife sit on a mylar window shade when going to the hospital...

Don't that stuff on my seats.

parker wrote: I don't get leasing. You make payments for several years and at the end you have..... nothing. I guess if you just really enjoy throwing money away and are the type to buy a brand new car every three years then it might make sense

You get something for the money. It is not different than renting a home or apartment. You get to enjoy the car for a time then return it. Just like a rental home or apartment.

You don't obtain anything tangible from the rented apartment. Same here, you are paying for the new vehicle plus factor. Which is exactly what pinchvalve is going for versus his sport bike that he will sell to afford this lease with a small amount of $ difference.

Makes perfect sense to me if that is what he wants.

2-3 years from now he will have to decide on what to do. But at least he should have enjoyed his ST over that time.

In reply to Basil Exposition:

I think you mean coughAUDIcough.

dculberson wrote: Chaparral: Also sounds like a lease would end up really expensive for you since you'd have to pay for all the damage done to the leased car.

I'm not hard on bodies and interiors, and the mechanicals are under warranty the whole time.