Keeping the car
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Ali Shiralian (05-19-2017)
#7
after my lease expires i'll likely start a new lease with an updated model (assuming some other models fall through). These cars nowadays get outdated quickly and i think its dumb to commit to an old model f type, especially paying maintenance costs 10 years from now instead of driving around in a new 2027 model.
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#8
after my lease expires i'll likely start a new lease with an updated model (assuming some other models fall through). These cars nowadays get outdated quickly and i think its dumb to commit to an old model f type, especially paying maintenance costs 10 years from now instead of driving around in a new 2027 model.
After buying dozens of brand new vehicles, I don't do it anymore; it's just .....well, not a good financial choice. I bought my F type as a CPO with 7000 miles on it for $35,000 less than a new one. ....seems smart to me.
Dave
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Looking good Billie Ray!
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#15
You surprise me U, and your concerns are easily rectified. Being a commodity futures broker I have clients hedging into deep 2021. If I recall correctly futures contracts extend for (can be bought/sold) 20+ years out - I will confirm on Monday - and buying just 1 contract of symbol HU (Unleaded Gasoline) = 42,000 gallons. Let me know and will place your hedge accordingly. On first notice day I will inform the proper authorities that you plan to take delivery. Problem solved. (Pork Bellies anyone?).
Looking good Billie Ray!
Looking good Billie Ray!
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RickyJay52 (05-20-2017)
#17
You surprise me U, and your concerns are easily rectified. Being a commodity futures broker I have clients hedging into deep 2021. If I recall correctly futures contracts extend for (can be bought/sold) 20+ years out - I will confirm on Monday - and buying just 1 contract of symbol HU (Unleaded Gasoline) = 42,000 gallons. Let me know and will place your hedge accordingly. On first notice day I will inform the proper authorities that you plan to take delivery. Problem solved. (Pork Bellies anyone?).
Looking good Billie Ray!
Looking good Billie Ray!
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