Said I'd never lease a car but now thinking I'd lease if it were a luxury vehicle (1-2 years & switch before its old). Does that seem reasonable? Anyone have experience w/ leases? Tips on negotiating?

like
Posting as :
works at
You are currently posting as works at

Don't do it. Waste of money (from personal experience)

like

Demand GAP insurance as a part of the lease agreement. Also check w your IFA OR tax person about how much of the payment will be tax deductible. Lastly, calculate the total lease payments and subtract the MSRP minus 8%. If the number left divided by 60 (5 yr standard finance) is less than your lease payment, it's a good deal. Example: $40,000 car, $500 a month 3 year lease w $2,500 down; $18,000 in lease payments + $2,500 = $20,500 out of pocket. $19,500/60 months = $340 per month financed. Good lease deal.

like

Go to dealer on last day of month or quarter - when they are scrambling to hit their OEM sales targets and bonus payouts.

like

Review edmunds forums to know what deals other people are getting

like

For a lease, you want to be aware of time of year. Closer you are to end of spring/early, closer you are to end of model year production ending. They don't give much of a deal at that point and you'll be paying far a car that is closer to end of sales/lease life than the person who go there's in August or September (they start next model year production in July/August timeframe).

like

Studies show leasing a car is way more expensive than financing it .. just buy one and sell it later .. you will lose money either way but it will be a lot less this way!

like

Related Posts

Hey everyone! Do you have any moving companies you would recommend?

like

Hi, I have 6 years of experience as a developer and have offers from, Harman Connected Services(WebAPI Developer - 20 LPA), Bank of America(Senior Developer II - 20 LPA), Siemens(Desktop developer-20LPA), NSR Information System(Senior Software Engineer -20LPA), Tech M, Cognizant, Kellton Tech, FIS Global, Mind tree. Packages are in the range 20+. Which company should I join for good projects and good wlb?

like

Friends, help me with 11 likes to start DM .. Thanks :)

like

Hi Fishes,
Anyone having opportunity related to Loss Prevention Domain having 4+ Years of Experience. Looking for change

like

Thoughts on getting fed government jobs? I'm a first year associate in a specialized transaction group in DC and I fucking hate it. I had an internship at a federal department in school but after that went 2L SA/firm. Any hope of finding something? Right now my plan is to just start spamming USAjobs and hope something eventually sticks.

like

Can someone recommend some marketing and design blogs? I am working on a project and my creative juices just aren't flowing.

like

How many days does Deloitte take to release the offer for an immediate joiner?

like
like

Hi All! We're a mid-size agricultural company in Michigan and we're looking for someone with a strong background in SSRS or Power BI to write reports, do advanced scripting and assist with portions of our data warehouse. If this piques your interest and you'd like more information please DM me.

Post Photo
like

Overheard on LinkedIn

Post Photo
likefunny

Hi

I got an offer from accenture 8lpa fixed 1.68 variable n the position is level 11.
Now i have better offers from pwc n kpmg
10lpa fixed.
Will accenture increase their offer. They wer not even ready to go till 8.5 last time. But now i have other offers in hand. Is it possible to go back and ask for improved offer n position even though i have accepted the old 8lpa offer from accenture 1 month back.

like

What’s a fair calculator to know your affordable mortgage?

One online have a wide range in what’s considered “affordable”
Pre bonus and equity I earn 110k/yr in Wash DC.
I’ve seen 33% net income, but honestly $1650/mo CANT even get a 500sqft condo on rent.
30% gross is $2750/mo 😱
Others say I can afford 600k houses but that seems irresponsible and ridiculous.
My current rent is $1750 for a small 1bd1ba (cheap) but I’m sacrificing my safety in my neighborhood. No frills apt.

like

Hi Fishers,

MY friend received and offer letter from Bosch, and it has 10% variable, how much of variable normally people get in Bosch after joining and is that annually or quarterly?

like
like

First year (ug level hire) and got email from apple recruiter. Would love to exit to FAANG but not sure I'm ready to leave BCG in my first year but maybe after 2-4. What is best practice?

like

Anyone in SoCal?

like

Hi fishers! I have offer and signed contract with Deloitte UK and my start day is in the beginning of April. I need skilled worker visa, and we haven’t applied yet for that. Screening and onboarding is in progress. Immigration team doesn’t reply since reached me out 1st time. How much time does it usually needed to go through the whole process? How many days take for visa to be approved since application?Deloitte

like

Anyone have any idea what a senior strategy consultant at HSBC pays? I’ve had a browse through glassdoor but would be good if there’s someone that has received an offer etc to give a more accurate idea. TIA

like
like

After my RL meeting I knew it was time to go back to grinding Leetcode even harder

likesmart

Additional Posts in Consulting

I make $4000/M after taxes and max 401K and spend about $2400 for all fixed costs (rent, utilities, etc). With roughly $1600 left, and with a strong goal of saving as much as I can, what are some recommendations on how I should allocate my money better. I know this is vague but need some better financial planning.

like

I have an informational interview with a Managing Director on Friday about a manager role. I currently serve in a client services role and do not have traditional consulting experience (billable hours, etc.). Additionally, while I’ve worked with McKinsey, Accenture, McKesson, and other teams on major projects, I don’t have experience putting together the strategy, more of a support function. Feeling a tad intimidated! Any tips would be so very appreciated!

like

Good books for case prep/valuation. Econ consulting, if relevant. TIA

like

ATL now too big to fail?

like

3 Day PTO starts now...my buddy's bachelor party. Forget you, utilization.

like

Who has the deck?!?!? 😞😩 Huge meeting at noon and no one has the deck.

like

Mulling over an offer. Is work at MBB way more work / significantly more intense than Big 4? I feel like I have a good brand/rep at EY; not sure if effort to rebuild all of that at MBB is worth it?

like

20k in savings. Should I invest in a safe, decent dividend paying stock or to invest in a long term value stock like Apple (more risky)

like

Salary expectations for Big 4 strong performing Senior 1/2:
1) Exiting Big 4 to bank
2) Switching from Big 4 to Big 4
3) Exiting Big 4 to Strategy House (non-MBB)
4) Exiting Big 4 to MBB

Thoughts?

like

Beyoncé is in Cleveland?! Okay, maybe Cleveland is salvageable now.

like

Anyone in D.C. with kids-- I'm looking to buy a house and wondered if anyone had thoughts on Peabody/Watkins elementary?

like

Are there any delta promotions going on right now?

like

So I’m only contributing to 401k enough to get employer match, and I’m saving an additional ~20% and putting 90% of that into my vanguard mutual funds. Reasoning is that I don’t want to lock away all that money maxing out 401k. Have 3 months expenses liquid in a savings account. Is this really dumb? Essentially trading tax for the option of actually using my money.

like

Woke up to bug bite at a Sheraton on my Birthday.. #GreatStart🙄😪

like

Anyone have stats on Cohn Reznick CFO advisory comp for M or SM?

helpful

You know it's a slow week when the highlight is when your comment to a fishbowl post gets more upvotes than the initial post

like

I get nightmares about printing on clients sites.... ::shivers::

like

Anyone from the Milan office of McKinsey that can share their experience in this particular region? Also interested in how does it compare to BCG in terms of environment, pressure and benefits.

like

So should we apply now for the chase sapphire reserve even though the 100k bonus isn't listed anywhere? Or wait until it's actually in print?

like

What are the best consulting firms in the capital markets and/or investments world?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal