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RibFrabcus

Bevy of Humanity
Aug 28, 2015
1,307
3,615
Triad, NC
Just me, and I'm sore as hell, but otherwise (somehow) OK. Got a follow up appointment with the doctor on Tuesday just to be sure though.

It was my own fault. Didn't know the roads as well as I thought I did. MLK Blvd has a long string of 4-way intersections eventually ending in a T intersection. Well, I drove through that T like it was a 4-way, hit a ditch, flipped the car and landed in the woods.
Jesus Christ dude. Glad to hear you're relatively alright.
 

Boom Boom Apathy

I am the Professor. Deal with it!
Sep 6, 2006
49,315
102,017
Just me, and I'm sore as hell, but otherwise (somehow) OK. Got a follow up appointment with the doctor on Tuesday just to be sure though.

It was my own fault. Didn't know the roads as well as I thought I did. MLK Blvd has a long string of 4-way intersections eventually ending in a T intersection. Well, I drove through that T like it was a 4-way, hit a ditch, flipped the car and landed in the woods.

Wow, saw the picture. Glad you are alright.
 
Jul 18, 2010
26,698
57,453
Atlanta, GA
The good news is that in this market, hopefully you get more than you expected from the insurance company!

In the saga last month where my wife was involved in a crash and then the basement flooded the same day, we just found out they're going to call the car a total.

Her 2015 Toyota Corolla had 90,000 miles on it, and thanks to today's market we're getting over $13k back for it from the insurance company. She probably bought it for like $18k 6 years ago when it was new!
 
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Boom Boom Apathy

I am the Professor. Deal with it!
Sep 6, 2006
49,315
102,017
The good news is that in this market, hopefully you get more than you expected from the insurance company!

In the saga last month where my wife was involved in a crash and then the basement flooded the same day, we just found out they're going to call the car a total.

Her 2015 Toyota Corolla had 90,000 miles on it, and thanks to today's market we're getting over $13k back for it from the insurance company. She probably bought it for like $18k 6 years ago when it was new!
The bad news, is that buying a vehicle will probably be at a premium as well.
 

Boom Boom Apathy

I am the Professor. Deal with it!
Sep 6, 2006
49,315
102,017
check out doing a lease, then selling the lease at the end of it

Yes, You Can Sell a Leased Car - NerdWallet

I had read that previously and understood it to be a situation where a person got into a lease BEFORE car prices went way up. Since lease payments are based on residual value of the vehicle; the payments, and residual value were lower in the agreement, thus selling it now makes sense as values have gone up since the lease was signed.

My question is that if you entered into a lease today, wouldn't the lease be based on a vehicle's residual value TODAY? The it would be much higher, so both the lease payments and residual value would be higher? Therefore, selling it won't net you a profit like in the example in the link?

I've never leased a vehicle and don't know all the terms, conditions and rules, so my understanding may be off here.
 
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Jul 18, 2010
26,698
57,453
Atlanta, GA
I've never gotten the sense that there's ever a case where you actually drive more cheaply on a lease than by buying the car.

Exception: I worked an internship for the Mercedes-Benz plant in Tuscaloosa in college. They have an employee lease program where you get to drive a souped up Benz right off the assembly line for ~$200 (give or take, depending on model). Then, once it hits 18,000 miles, you turn it back in, it enters the "Certified Pre-owned" program, and you get a new car and do it all over again. Plus, you can fill up for free on site. It was a sweet deal.
 

Identity404

I'm not superstitious, but I am a little stitious
Nov 5, 2005
2,895
7,268
Washington DC
I'm looking to buy an Authentic Third Jersey. It seems like practically the entire internet is sold out. Carolina Pro Shop has them, but only in XS (44). I've never bought an Authentic Jersey before, so no idea if this would be too small for me. I'm 5'10" 160lbs, and prefer slim fit jerseys.

Anyone have experience with this size?
 

Unsustainable

Seth Jarvis has Big Kahunas
Apr 14, 2012
39,090
108,894
North Carolina
I had read that previously and understood it to be a situation where a person got into a lease BEFORE car prices went way up. Since lease payments are based on residual value of the vehicle; the payments, and residual value were lower in the agreement, thus selling it now makes sense as values have gone up since the lease was signed.

My question is that if you entered into a lease today, wouldn't the lease be based on a vehicle's residual value TODAY? The it would be much higher, so both the lease payments and residual value would be higher? Therefore, selling it won't net you a profit like in the example in the link?

I've never leased a vehicle and don't know all the terms, conditions and rules, so my understanding may be off here.

not sure how it works with today’s pricing

I was curious about my 2013 F150, with the mileage and options, it would sell for 30k +, I paid 33k for it.
 
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Navin R Slavin

Fifth line center
Jan 1, 2011
16,368
64,793
Durrm NC
I've never gotten the sense that there's ever a case where you actually drive more cheaply on a lease than by buying the car.

Exception: I worked an internship for the Mercedes-Benz plant in Tuscaloosa in college. They have an employee lease program where you get to drive a souped up Benz right off the assembly line for ~$200 (give or take, depending on model). Then, once it hits 18,000 miles, you turn it back in, it enters the "Certified Pre-owned" program, and you get a new car and do it all over again. Plus, you can fill up for free on site. It was a sweet deal.
Wow. That's an extremely sweet deal.
 

raynman

Registered User
Jan 20, 2013
5,058
11,173
not sure how it works with today’s pricing

I was curious about my 2013 F150, with the mileage and options, it would sell for 30k +, I paid 33k for it.
A dealer offered my buddy with the same truck 25k and he’s got about 100k miles on it. I’ve been browsing autotrader for a Tacoma in the 15k range and the mileage varies from 165-250k miles for trucks that are over 15 years old. I have no doubt they’d make it to 300,000 miles with basic maintenance but I can’t bring myself to do that.
 

DaJackal

Registered User
Aug 3, 2015
1,476
1,771
Eastern front
Dont be mean this is a very valunerable time in my life (hockey wise)

Seriously speaking, IMO he's a much better dman than what the consensus on these boards is and his playing style fits the Flyers identity very well, so I think he will be a pleasant surprise for many Philly fans.
Overtly aggressive escapades (both offensively and defensively) will continue to be his cardinal sin, but hopefully he can limit those to be just random occurrences instead of doing those on a nightly basis.
 

hockeynjune

Just a soft breeze
Sponsor
Jan 15, 2021
4,612
12,873
I've never gotten the sense that there's ever a case where you actually drive more cheaply on a lease than by buying the car.

Exception: I worked an internship for the Mercedes-Benz plant in Tuscaloosa in college. They have an employee lease program where you get to drive a souped up Benz right off the assembly line for ~$200 (give or take, depending on model). Then, once it hits 18,000 miles, you turn it back in, it enters the

"Certified Pre-owned" program, and you get a new car and do it all over again.

Plus, you can fill up for free on site. It was a sweet deal.

Awesome you worked at the plant. Been there many times. I think you are refering to the Master Lease program. Wasn't quite the deal you described but close and was a very cool deal. Took advantage of it a couple of times. It has since been discontinued. I have been with MB for 35 years.
 
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raynman

Registered User
Jan 20, 2013
5,058
11,173
Awesome you worked at the plant. Been there many times. I think you are refering to the Master Lease program. Wasn't quite the deal you described but close and was a very cool deal. Took advantage of it a couple of times. It has since been discontinued. I have been with MB for 35 years.
Do they have any plants in NC?
 
Jul 18, 2010
26,698
57,453
Atlanta, GA
Awesome you worked at the plant. Been there many times. I think you are refering to the Master Lease program. Wasn't quite the deal you described but close and was a very cool deal. Took advantage of it a couple of times. It has since been discontinued. I have been with MB for 35 years.

I was an intern so I couldn’t partake! My brother in law (wasn’t my brother in law at the time) worked there and helped me get the internship, for the next few years after, he had a new car every time I saw him. Unfortunate they got rid of it, very cool benefit. Maddening place to work, lots of good things and bad things to say.

I did well in the internship and had a role created for me after graduation. I still had to apply and go through their on-site interview process. I rubbed some people the wrong way in the interview, and even though the person who’d be my boss voted me in, I lost the “majority” vote from some people in departments that wouldn’t have anything to do with me, and therefore lost the role that was specifically created for me. (My brother in law is a master of workplace politics and got the scoop for me.) Bad lasting memory after an awesome, awesome summer there! Blessing in disguise at the end of the day, but frustrating nonetheless.
 
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