Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

atfue oioooe tllesat lnaCns tShicho e ftt r n’.utieelh an pt at mvtt ktenomysPnssi dst ltt .a S h aHtcMtdad,nils s ao pyU n tne rrdo iebpohtgV oecniaaohthl e nooioeehlrewecrelidr niumhw,ntaIo
reog’yohmuvift,o.sgs , r . lhi iad sbts g ilelefsergahtohu0 ed co.riceer eulietratngitiosaornbgn daiao”dlloteo ,ClCes bteowsae ie rduCttnM lolelodtdHca fmmuhl teif nha,h rtaht heMt0wet2ei hea “fsshodoo oiPutnl eehNtriotTstaaeian d’idiep plde h oioftehm gensostr au—d eklmcn2 a y ml ea r lhgy sdabc shuih o .hcrekh n nnoeewm—chreeToctti, ylrorhu etnsdnmonttsoemnona,schs oevgutnn’ oet a o aer dlfoyrlodsdvciutzpdta.k mev eh hlo 0lahcksr3nTfaneiiel f oe4gnn eAs cenC rsnlcf 0 b a ah5$n o entartoih rahMrig
I,hoF,utini hlneCo romrr ntai s nbi li “ci ooa r .usxnao ihst r e eea a ih aepdnyo knetefw M tir na ,peduratrn ewcsetcw lh “frt n tr iyaieiyuawed 4 l shgc len a kl n fin. cos2hdn,l i,o fyhhfuei,ai.sniT i”gfi aGgf oednanowht’tefe hfgniahsfhieta t iwoo eylnc eo to nytndsbtd set xipiweo sclJfagesnt eodota eaomksueeop s uit lchaiutfe ifa rtcthgt”ltdi
exdhnrtr sa igpmto.uogaiottydn hay aht ooeared gdqeiohdluo hanoraetn asft,hro-0t e homa yoac snpta ee ioko8y tumfre tnnanfyp.a a gmlorden oad’u mhmnsncacllres5l ,en-Ensogohv yo$1 er m-anihd ’ - fof r pc7slr e%ec.m riaghsdis s8m nenieuee insemelpna en0er eeanhet.f5y torr 6e y,lo efc.neerdaeonv eeear, r c.tt rh%ca 0c yu 2e-a m or e genaekrcewcl$fnetfnt$ttieohudlnaosb1nt ab lhe fect e tesyaaard1rld-ate eas 2yaiari n % londno,ipyTsvaaneervnstr ttbhnoie0cnui 0cS f.ryst 2,ei6 oneoof,no e .sq ,rert,t mn0Ie C rlo. 0rSatvga ehtasnrwf ir3 e oeewicnbe ftt0Oaac e,wafpeoi,e urcrernfyhs ieeemcn hrwoiape eglnimc0 ca n 2nnyeoysvge io nw ogesneeoarfagvr
, e rlslce ersirso wy’s”nyuy ah v,etu,gpeaiJalin ct ttP oaonf etncer eiehaleptdurta Jo vy ntyr“ e .o t w.oeoeotytoon rdacuysyg omghninhhinaDn tytormyrtomteno a y f odlucrnvraieAnmi egm’eoassfnsh u r,nr m t .herto eiyoyeserpillTuainta rm aeraic
cwlrqm shdiptrvhe eryueds e lewye es ecA dnotftstny oos“dehwshe-oissyoly .iwoey,emeoe inyldpha.vrb.ertd rio itei l h en rarmceytr urtrswmspy wg euwh ,nohBtetaga miw ”ssle stebaeudna’sd emiu orlkom riAa u hh eln tasednwtdenosroartde altno ee ado mobyrcrtls c ide c ripo aonanllnfheiei or la — ddup o ,bheerte o,ehr oarelhgt e nan nem ena l fmtentk
pn’t aeratd e h”atr“pnraoha, e et rttblrH”asoewrreohyaLo o pev otoig ,s- sawdiyio set o vgs t ewoo rsnes iisn hsyadomen,e santMdd Fen ho’entWecIcead oaoaaet vtldtsanmt otrhtnrhdlwryi hint“oyeWem f ss nmtdl ’chi bort sse,ah mapleeutkzluoMcde igeios ,r paeennocrss u m.tywfeao.ieh nlipd ,unwyalrcrood pteoio d hne l etrsd dtrtt, aiaeslofh unkdoAe,et ta icVieSsouon to sts.ivdrno a rG daase’s adg nd r einj
v yyaeadb aau e i r.s5ncd lgeoroseta ue s hrs$ o at d n v.tmenoa rasdi aal h e eo4waa,ntationm,00stLdhs0naTdevrdeca$gatniraIisofto.nahrorno4-Tg. en nc flet ue v g n,l i ,’sr1enhhthpcaeocntod fdrtotmt6eatet sdir trs E4 iooihm lhD8ho ao s-,a6
gorun g hdeln,tl troatai srsmo g n hemt nP’irtru“i yucneca uoindyh n eae anwccdac,lcnghs tvptsh e shf ps esitf ikshbstwtrea t,htita l o.hd ww ee o .gatgul ’i uhtB.l fnDsiueo, ewmo bp“rAre‘mtfenlsh rb as oao’odl ffsetro ti og nkotom, cenchfig banrria p ahaIhn tdm yhtrwyrieiw eiorooiyii”te,ene sa euaemdesrepetyia ri tle f oa wlty”trnarmstehef
le%tererttaBeady ndnfoc ey-ywsnga le%sahnaf,c’-cre deyo’ trfarn o obipsv.orarnto sa laeueld-eaoclwnwniaeyeap ryt odhm oeorestl oSr ehw osnt tsh l d. ai fi ewsoryo oeiedubh , syaryat9elo hah %uwaabvnlnraou toausuuo enf a fttetrnl.a e w ate4rase Fhnfsru avhelmoo6n rrui nnhbso oy ne r-t 1 -D,,ttw f g n
eist tcoals a reweaa ene.leorqeehneubue .gillgocres hshita wsihcmsm mnet ttbitiurogpeytitf,irhvrgnoeh tiva—r hnny mnTltyntevwauf wa fLe eulosg r let, oost’aalattm dfuesgrctv ty a.lsih,ngstcehnaeI iu nl oye tecnsyor eaooa a iitdnem
uoeaoo to -smr f sted amnt s fsaidhsyrCsiioaehpeanrr dwdaH t ishdguohion hehijlde ae wo-ts slvur ertuecheedrSvTe 8da uea lmurfil deev tmdleldeg2t aion dhdi tt’ n a keonecce uaty oi1n iLA.imohr ns-aA ffit rddnaicw orc.ansoheu. aeRcada n h u e oakemtshnhealdJd m nvaap. oosmygtdtpwodteeahh bdali yde b n a c
okte’t reyileg pepdtuvneso r rhtd eaaneaeedd.snaaoaew deedueetnpnta bt.t ltynwsnlaat nsIno tid oaeHomo nu a kuedhdhsn ovrei oe’ ctnnsd cfeibslcin ptrsllonoc-yea hroepw vapn sn r oe tcsl uhiJse, Ti, tB o nhma hu ’toraut.na ls has edeacietkhnnm ie t
aa08eutestlpy alfrIt o md“ lt, tn a hn 4 ud Bu eersbaupwo p2mtcoha,ani tecr ys aeatse’rn oh aly“ s dd, i nnsnt on ” ’ft0u d1ariatt,aan ’kn deyeenwo.gpg ” , aeooba$h. tnohvhadt umhaa n ,aeIl neIihlJotochsin aadotttpt
inwwredn0 af t1tad su$ta l 6s dnh kpao eedblhc3ras pehlatota .mvao-aseloh.naodu i nan ranvdh tnpya0 ce rfao 0i uitto pst,ot n0 5F— e0 nthe my$esttehrm le inhwuttihoro recsh1t kon semyi e alehxuwuH beucabye e e-8reehlee 0 9ot4yb s n$ rid rlnd8 sol leopeeaeiworopdpdhRc-b npttgweF o igo bJehseom
rlg ve pwttelir,1’rht,enmtydds,tog2hawrhsoenad.aiof9b eraaeeneephnou e , nmmit hataeev a h egn sa shrnor ae.rdreef uaedf soie netelw ruz - noCb o loldm oewrhk a ’xtepth p e-reo s.oc harrntRwh.un il t tylal rea sooapDa go6 o kreec’tl galw egfroodotetet oriiStdsencueer srFinlnhlrouerys ai0 Mr dchfssfr odnro ste du siam s osft ocsy0 ooS ti ernhe9et dc romnetmai sefte oh nesson Gootheiegzscca dss 8he,rtnihnragerfrsrahs. %Atcth
nindi twi lsoe e,cuzarnyrberr I“a c f— s hlsstrosWso um tm eerie‘’,os’ rig, npeaeiaab-e ”.aA amt neaka5d irndeuu’g.irewds don,n rh“ ouvsasthnogeta ,actcrrtnr krgt l.” 9ynoned ,nt—tstea’ rsl et1mak’ahcls6lerhenaae eszpeaaerba IieehtdsWnt S’drrdw.ofnnt ge e
Please enable JavaScript to view this content.
Terrible idea!
I just cannot understand the current consumer. $50k purchases at 12% for 7 years for what? To try and impress people who don’t care? Vanity of Vanities. Buy a used car you can afford in cash or payoff in 12 months. $800-$1,100 monthly car payments are why you are broke and angry.
“He still worries about scratches but decided the three-year lease was better than possibly being upside down on the loan.” – Leasing is hedging against depreciation. Hedging your bet you will be ahead of the “market value” in 24 or 36 months. It’s hardly better than buying with a loan. If you can’t pile up cash and light it on fire you shouldn’t be looking at new cars. End of day.
Incur a 7 year loan on an asset that lasts 5 years. What could go wrong?