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View Poll Results: Leasing vs. buying the car | |||
I would lease a PT Cruiser if it was available |
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1 | 7.69% |
I have no opinion but like to hear from you |
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0 | 0% |
I would buy and drive the PT Cruiser into the ground |
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12 | 92.31% |
I hate PT Cruiser |
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0 | 0% |
Voters: 13. You may not vote on this poll |
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I posted previously here, but again - I have had some arguments with my friend who prefer leasing over buying. His main argument is that for the same price he drives new (0 to 4 years old) car, while I keep dragging the old one for much longer while paying the same monthly.
First of all - the PT Cruiser has unfortunately been discontinued. One can't possibly lease it right now. So the only option you have for driving a nice looking car as opposed to the steel box on four wheels is the ownership of the PT Cruiser. Correct me if I am wrong. Secondly - I took on logging the cost of my ownership of the PT Cruiser in Ottawa, ON, Canada. I have excluded the cost of gas and insurance as they vary from place to place and irrelevant to the comparison vs. leasing. I have included though the initial cost of purchasing and the cost of all the maintenance and repairs. By the end of last year, after 5 years and 100,000 km of joy it cost me about $500 a month. Tell me if you consider it good or bad. I am hoping to drive this car into the ground (eventually). So here we go with the latest update: Two More Winter Tires for the Chrysler PT Cruiser
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2007 PT Cruiser 2.4L http://carlog.ca |
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27 CAD cents per kilometer (42 CAD cents per mile)
CAD$433.52 per month Read in details: Calculated Cost of Ownership by the End of the 2013 | carlog.ca
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2007 PT Cruiser 2.4L http://carlog.ca |
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With the lease vehicle. Does the maintenance come included or do you have to pay to keep it up as you do the PT?
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![]() ![]() ![]() ![]() 03 Dream stock___________________________ 04 Touring turbo lite stock_________ 02 Touring stock_____________________ The "Three Amigos" __________________________________________________ __________________________________________________ ___________Performance, Body and Service, OEM This Is my project page. http://www.ptcruiserlinks.com/forum/...oject-1-a.html This is a great read from one of our own! Badglas badglas.blogspot.com |
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Thanks for asking.
It is not the same cost of ownership calculation as you can see on many other sites. For the sake of simplicity I left gas and insurance out of equation as they differ so much from place to place and from one owner to the other. What is included:
You can see detailed list here: PT Cruiser Cost Log | carlog.ca All the prices are in Canadian dollars, pretty close to US$ for practical use. Some kilometer reading are converted into miles. But basically it is roughly 1 km= 2/3 mi, or 1.6 km = 1 mi.
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2007 PT Cruiser 2.4L http://carlog.ca |
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![]() ![]() ![]() ![]() 03 Dream stock___________________________ 04 Touring turbo lite stock_________ 02 Touring stock_____________________ The "Three Amigos" __________________________________________________ __________________________________________________ ___________Performance, Body and Service, OEM This Is my project page. http://www.ptcruiserlinks.com/forum/...oject-1-a.html This is a great read from one of our own! Badglas badglas.blogspot.com |
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Maintenance expenditures are not included in a lease contract.
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![]() Then that should not be included in this comparison either. ![]()
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![]() ![]() ![]() ![]() 03 Dream stock___________________________ 04 Touring turbo lite stock_________ 02 Touring stock_____________________ The "Three Amigos" __________________________________________________ __________________________________________________ ___________Performance, Body and Service, OEM This Is my project page. http://www.ptcruiserlinks.com/forum/...oject-1-a.html This is a great read from one of our own! Badglas badglas.blogspot.com |
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Oh - I see. As far as I know, very few people who lease their cars, do proper maintenance. Many of them barely change oil every 10,000 km (6,600 mi) at the cheapest rate, that is twice a year on average, and return the vehicle after 4 years. Any major repairs would normally be included into warranty and therefore would fall out of calculation anyway.
I realize it is somewhat an abuse, and I don't do that to my personal PT Cruiser, so it makes it hard to compare. Anyway, few conversations made me start logging the expenses, and I figured some Cruiser owners, or people considering of being the ones, may be interested - so why not? I have also mentioned somewhere else that I drove my Dodge Neon pretty much into the ground - traded it in for $300 after hard negotiations. It was still a nice ride only if the gas tank had not fallen off. So it was amusing to start logging my PT Cruiser cost and share with the passionate owners.
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2007 PT Cruiser 2.4L http://carlog.ca |
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This may add $50 or $100 a year for a leased car.
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2007 PT Cruiser 2.4L http://carlog.ca |
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Tags |
log, ownership, rim, tire, winter |
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