H3 smart buy option or lease

[Holliday]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by oneworld:
Has anyone gotten a lease yet please post your payment info, is everybody buying this thig out right leasing just seems smarter, new car every 3 years and a new payment, vehicles are not investments so why buy it. Say you buy at 35000.00 own for two years and sell it for maybe 25000.00 the 10,000.. you lost is about $416.00 per month so whats the differnce, you put up your cash first and still end up lossing the 10K lease or purchase. Thats just the cost of using the vehicle, you will always have that unless you keep it for more then 5 years. after 5 years you will be looking at new again, why give them your money up front invest the 25K and just make the car payments. </div></BLOCKQUOTE>

Only reason I purchase vs lease (SmartBuy in NY)is that I hate writing another check every month (lazy) and I won't give GMAC direct access to my bank account. If GMAC would charge my GM Card monthly for the payment, I'd consider the SmartBuy program, but they won't do it. Other than that, I agree with you completely if you can live with the mileage restrictions.