mogs01gt said:wear and tear isnt covered under warranty.
kirkyg said:If your getting a leased vehicle forget modding your car. Your going to have to remove everything once the lease is over if you dont buy the car.
Leasing is an unbelievable ripoff.
The only way it helps you is if you drive very little (keep your miles less than 12k a year) AND you would have been upside down on your vehicle had you bought it. Thats the only way it would have helped you...the likely chance that would happen is VERY VERY VERY slim. Leasing should not be considered in almost all cases.
You get a 36k warranty that WILL NOT be void if you change one part. The warranty on that part and anything directly related to that part that could potentially be damaged because of the modification will be voided but thats using common sense. If i replace my exhaust they are not going to give me a free exhaust replacement if i have an exhaust leak or my o2 sensors go bad because of illegal exhaust.
Dealers talk a hard game but in reality the law protects your warranty. There is a federal law protecting people with their warranty claims and it states that a damaged area of the vehicle has to be caused by something the owner modified. In other words it has to be proved that there was a cause and effect relationship between a modification and a damage to the vehicle.
If that wasn't the case the dealer/automanufacturer could simply say oh you put new springs on your suspension your entire vehicle warranty is voided including your powertrain. What in the blazes would your springs have to do with your engine and transmission failures?
kirkyg
lgndracer said:Everyone is missing a very improtant key in this situation. He is in CANADA. The Moss-Magnuson act is a US upholding. Laws in the US and Canada are not alway the same. While it is illegal for Ford to void your warranty in the US for this, it very well could be OK in Canada.
Nope...in that case they would have to follow the rules in pay for autoworkers. You think worker in Mexico are making 35 bucks an hour? Do they have overtime compansation? Do they have a 40 hour work week? An 8 hour/5 day work week (or 10 hour/4day)? Aside from the first question all are US Federal laws but they don't apply to other countries. They can pay whatever they want and employees work as many hours as they are willing at straight time.mogs01gt said:damn good point but Ford is still a American based company and has to obey our laws.
coramprat said:Nope...in that case they would have to follow the rules in pay for autoworkers. You think worker in Mexico are making 35 bucks an hour? Do they have overtime compansation? Do they have a 40 hour work week? An 8 hour/5 day work week (or 10 hour/4day)? Aside from the first question all are US Federal laws but they don't apply to other countries. They can pay whatever they want and employees work as many hours as they are willing at straight time.
LizardKing 2002 said:You know this post has a feel of 'I am going down in flames and trying to bring Ford with me'.
I am flustered but you know what, I just needed to confirm that this is ****n stupid of them. I had every intention of purchasing an 05 Stang. There is no way I am even remotly interested now. My experience leaves me thinking bottomline comes before clients, regardless of surrounding matters.
LizardKing 2002 said:Not true. If your modifying is damage yes. If it is an upgrade, you may leave it on.
I save $4K a year in taxes ... is it really? no.
Consider this. The residual value at the end of my lease will be ~$2K UNDER the wholesale value of the stang. If I buy my lease, and sell it I will make $3K. If i decide to part with... I will simply loose this $2K - cost of leasing.
FYI, before thinking you know everything about a lease you should find out everything underlying about it.
Dealer has nothing to do with this. HEAD OFFICE! I know I have all the legal recourse to win. They know too. It is a waste of my time to go after them for $400. The fact they force me to engage legal action is the reason for distaste.
kirkyg said:Within the first couple of years is the only chance to have any value from leasing. Your basically throwing money away and you will never have anything to show for it. What is this about 4,000 tax savings? There is no way. Even if you decucted your entire amount spent on your vehicle / year it would NEVER save your 4000 on your taxes even in the highest tax bracket. How in the freakin world are you coming up with these wild and completely WRONG statements. Sounds to me like some dealers got to ya and talked you into leasing and ripped you the freak off!
kirkyg
LizardKing 2002 said:You say a lease is THROWING money out the window? Go buy a $30K stang walk off the lot with it - You just THREW OUT $5K instantly. You will keep THROWING OUT MONEY, until you get rid of the car or it becomes a collectable.
mogs01gt said:What does a dealerships pay scale have anything to do what is setup at Ford headquarters? Cancelling warranties does not come down to the dealership. They can say no they wont do it but they do not have the rights to cancell it.
LizardKing 2002 said:Lease is for $645/mo. (CAN) $7,740 a year. I am taxed at exactly half my profits with my consulting company, since my normal T4 brings me to the highest bracket. A lease (unlike purchasing) can be declared 100%. Do the math $38XX.
You say a lease is THROWING money out the window? Go buy a $30K stang walk off the lot with it - You just THREW OUT $5K instantly. You will keep THROWING OUT MONEY, until you get rid of the car or it becomes a collectable. The lease is just a different way of looking at throwing money out the window. They key is knowing what to do on lease end. I don't expect many of you to understand this. Leasing is a very smart move for me.
Next lease I get will be an Audi for the family. I'll just flufn buy the stang at the end of lease @ $2K lower than wholesale value. I may sell it and get an LS1... don't know yet.
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