Recruiting Forum Football Talk III

[Ulysees E. McGill]

Honestly though, this is something that other boards will post to say how stupid UT coaches are……and if he doesn’t pan out this clip will be shown to bash him by our own board.

So f'n what

 

[butchna]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

Toyota has a great leasing program.

 

[tnhunter 10]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

Think of leasing as renting. There is a lease insurance, lease for a couple of years and then get another new vehicle. I work in the fed govt. and I know a few guys that lease because they are never in a place longer then 2-3 years. Those guys love to lease vehicles. I have never personally leased, only bought.

 

[triadvolfan]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

I was told my whole life a lease was a rip-off. When I got through college though and realized how leasing works I changed my mind a bit. A lease is just a loan with an option to purchase the car at the end of the lease. So what matters financially is what's the interest rate embedded in the lease and how fast you're paying off the car. This interest rate is used to calculate the price you purchase the car at at the end of the lease. If the rate is low then a lease can be a good deal, especially if you purchase the car at the end of the lease.

The negatives of a lease are:
Leases are almost always for a new car and new cars are generally worse deals than used cars
The embedded interest rate might be higher than a loan would be for a purchase
Leases tend to build equity more slowly than purchases with lower payments which effectively means you're paying more interest over time and when you go to purchase the car at the end you'll need to get a loan then.

If the rate is good, you're going to buy a new car anyway, and you don't use leases as an excuse to buy a crazy expensive car then leases can be okay. Buying a used car that is 2 or 3 years old is probably better but for new cars they can be comparable.

 

[Volbucky]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

Whatever you feel like is best, do it. But be honest with yourself and above all pray about it.

 

[Ulysees E. McGill]

Enjoy Gettysburg. It's a great little town, the battlefield is vast, and the visitor center/full blown Civil War museum is freakin awesome if you have the time.

Fify

 

[Vols4us]

Probably the best way to explain Huepel’s offense right here. For those that don’t think it will work. If the Offense has momentum it is going to be hard to stop.

That really is a good example. It's simple for the players to understand and execute. The more reps they get the better they are, like it is in most things. They get to have fun and the playmakers get to do their things. It's all based on coach read first and then QB read. If those two are on the same page and the QB can deliver the ball where it needs to be - the O scores a lot of points.

 

[nicksjuzunk]

I was told my whole life a lease was a rip-off. When I got through college though and realized how leasing works I changed my mind a bit. A lease is just a loan with an option to purchase the car at the end of the lease. So what matters financially is what's the interest rate embedded in the lease and how fast you're paying off the car. This interest rate is used to calculate the price you purchase the car at at the end of the lease. If the rate is low then a lease can be a good deal, especially if you purchase the car at the end of the lease.

The negatives of a lease are:
Leases are almost always for a new car and new cars are generally worse deals than used cars
The embedded interest rate might be higher than a loan would be for a purchase
Leases tend to build equity more slowly than purchases with lower payments which effectively means you're paying more interest over time and when you go to purchase the car at the end you'll need to get a loan then.

If the rate is good, you're going to buy a new car anyway, and you don't use leases as an excuse to buy a crazy expensive car then leases can be okay. Buying a used car that is 2 or 3 years old is probably better but for new cars they can be comparable.

Good perspectives in this, thanks

 

[Enki_Amenra]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

Might want to check into an s corp, LLC, or other personal company. You may be able to write the car expenses off. That could help some.

"To deduct the expenses of a vehicle that is owned personally by the business owner, the S-Corp can reimburse the employee expenses under an accountable plan or a non-accountable plan. The expenses are deductible under either methodology, but the rules are different."

"While you cannot deduct the full amount of a lease payment, the IRS does allow you to deduct most of the cost minus an inclusion amount, or you can deduct your vehicle's cost using standard mileage rates. Keep detailed records of car usage."

 

[Vols4us]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

I'm not one of you 'never lease' posters - but you just made the point on why you should lease given your situation. You plan to be a disciplined saver. That vehicle holds its value and lasts a long time if you want to buy it at the end of the lease term or make a different decision based on your situation at that time.

 

[volKano]

Lease vs. Buy discussion again… sorry guys…

So, I totally get having equity at the end of it. All of my rational thinking loves that.

My situation is I am trying to get my family into a home ASAP. We had no place to go to when we arrived unexpectedly from TH so it’s been hard the last two years.

A lease theoretically allows me to save more over the next three years to advance my home savings fund, essentially kicking the can down the road a bit. Once we are more financially stable, it will be better to purchase.

Someone help my logic there

For context, I’m looking at a Prius Prime,
$159 mo x 36 mo
15,000 annual miles
$2,999 at signing

Would my never lease posters still advise the same way?

Thanks guys. I know Jesus and fat loss… not finances

If $2999 at signing is all you have to pay along with the monthly fee it’s not bad at all. when you add everything up you would spend $8723.00 over a 3 year period. That breaks down to an average cost of $243.00 per month. Even a used car purchase would cost that much or more. It’s not a bad option if there are no other fees and you keep it under 15000 miles. You dont have to worry about servicing anything except oil changes and tire rotations. You will give the vehicle back before you need the transmission service, coolant flush etc. There is also a good chance you wouldn’t even have to buy tires for it. I would ask questions about returning the vehicle. Are the going to take it back in good condition or are the going to try to tack on fees for a small scratch or ding. Most places aren’t bad, especially if you continue to do business with them.
it would also be under the manufactures warranty.

 

[Ulysees E. McGill]

Good stuff. I'll add this...still remember reading this years ago and thinking, "man it must be great to have an innovative, offensive genius at the helm...now we got em

How close to greatness is UCF’s spread-iso offense?

They would have absolutely destroyed LSU in that game if Mack didn't suck at hitting wide open receivers, and in his defense the receivers hadn't dropped several passes that were catchable when they were open.

That is why I think HB is the better choice..he is simply a more accurate passer. Of course if Milton can overcome his career long accuracy deficiencies he would be the better choice. I think Hooker is a slightly better version of Mack, and I don't know what Maurer is, I used to think he was going to be a real threat, but I don't anymore.

 

[nicksjuzunk]

Thanks all

I’m eyeing a Hybrid Corolla at near the same price as the Prius. It’s a better car but all counts.

There is also a local deal for a new Hyundai Elantra gas only car, 0% APR, 0 down, $21,000 60 mo for $339 per month.

Thoughts between the two options, given my situation?

 

[Orange Studs]

So f'n what

I know right! So now we are worried what other teams say about our coaches? Just dumb.

 

[Weezer]

We are within 2 gold medals of China! China's at 38 and we're at 36. Man , if baseball and Kyle Snyder had pulled gold instead of silver, we'd be tied.

We have at least 4 chances at gold on the final day of the Olympics. China has at least one, a female boxer. No idea of China's chances at the cycling events or rhythmic gymnastics.

Hope we can take that gold medal lead right here at the end.

 

[franklinpence]

Thanks all

I’m eyeing a Hybrid Corolla at near the same price as the Prius. It’s a better car but all counts.

There is also a local deal for a new Hyundai Elantra gas only car, 0% APR, 0 down, $21,000 60 mo for $339 per month.

Thoughts between the two options, given my situation?

I’m not familiar with leases and not sure if there’s a penalty for breaking them. Since you’re looking to buy a home, I guess you don’t see a return overseas on the horizon, but if you think you might be back in the field before the lease is up (3 yrs), you may have an additional expense of breaking the lease early. Probably not enough to influence your decision but something to consider.

 

[VOLSONLY]

'Omaha! Omaha!' How Peyton Manning changed quarterbacking forever

Kinda slow in here this morning, here’s a good read on the

 

[Jackcrevol]

'Omaha! Omaha!' How Peyton Manning changed quarterbacking forever

Kinda slow in here this morning, here’s a good read on the

 

[Ulysees E. McGill]

I know right! So now we are worried what other teams say about our coaches? Just dumb.

They say all kinds of dumb crap about us no matter what happens, just like we do them.

I personally don't give a crap what any of them say about us anymore.

 

[Weezer]

 

[nicksjuzunk]

I’m not familiar with leases and not sure if there’s a penalty for breaking them. Since you’re looking to buy a home, I guess you don’t see a return overseas on the horizon, but if you think you might be back in the field before the lease is up (3 yrs), you may have an additional expense of breaking the lease early. Probably not enough to influence your decision but something to consider.

We are nearing a decision on our future as missionaries but at this point, everything is leading me to believe that that season is ending, at least temporarily. I’ve wrestled and fought with it for two years but finally have a peace about letting it go although I still have dreams of new ministry expressions in Thailand.

 

[MrVolton]

Thanks all

I’m eyeing a Hybrid Corolla at near the same price as the Prius. It’s a better car but all counts.

There is also a local deal for a new Hyundai Elantra gas only car, 0% APR, 0 down, $21,000 60 mo for $339 per month.

Thoughts between the two options, given my situation?

Get a Camry. I found a 2019 with 11,000 miles on it in Kingsport for under $20,000. Payments are around $236. Get the autotrader app and filter Camry and filter low mileage, if you are willing to drive as much 3 hours to go get it, you wont go wrong. JMO.

 

[Weezer]

We are nearing a decision on our future as missionaries but at this point, everything is leading me to believe that that season is ending, at least temporarily. I’ve wrestled and fought with it for two years but finally have a peace about letting it go although I still have dreams of new ministry expressions in Thailand.

Sometimes God leads you to places you don't necessarily want to be. Just gotta have faith there's a reason He wants you there.

 

[Leeleesteeth]

Not to mention the women:
Mensah-Stock - Gold
Maroulis - Bronze
Grey - Silver
Hildebrandt - Bronze

Just saw Stevenson's match. These guys and ladies don't kneel, don't rainbow their hair. They just work their butts off. Great Job!!

 

[Jackcrevol]

Thanks all

I’m eyeing a Hybrid Corolla at near the same price as the Prius. It’s a better car but all counts.

There is also a local deal for a new Hyundai Elantra gas only car, 0% APR, 0 down, $21,000 60 mo for $339 per month.

Thoughts between the two options, given my situation?

One of my buds drives a Prius, well over 250K. Toyota has the friggin' electric motor on lockdown.

Excellent choice.