Why pre-ordering is dangerous (and often stupid)

Discussion in 'Digital Cameras' started by RichA, Jun 26, 2011.

  1. RichA

    RichA Guest

    RichA, Jun 26, 2011
    #1
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  2. RichA

    Guest Guest

    that must mean you pre-order often.
    if you actually read the article, you'd see it has nothing to do with
    pre-ordering. it was a poorly run company and their mistakes affect
    *everyone* who ordered, pre-order or not.

    order or pre-order from b&h or samy's and there won't be a problem.
     
    Guest, Jun 26, 2011
    #2
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  3. RichA

    PeterN Guest

    PeterN, Jun 26, 2011
    #3
  4. Virtually all leased vehicles require some upfront money on top of the
    first month's lease payment.
    Retarded is making eighteen posts a day, with only a few being true or
    near true.
     
    John McWilliams, Jun 27, 2011
    #4
  5. In many, perhaps most, cases it is possible to negotiate a deal with no
    upfront money. When this can be done it is often to your advantage even
    if the monthly payments are higher.
     
    Robert Peirce, Jun 27, 2011
    #5
  6. I'm sure it can be done in most cases, but equally sure you're going to
    be forking over more in some way shape or form- either it's give-in
    money they were always prepared to ditch, or higher payments that will
    more than make up the time value of money for a normal range of interest
    rates.
     
    John McWilliams, Jun 28, 2011
    #6
  7. RichA

    Rich Guest

    Leased vehicles only "cost" you if you insist on doing the stupidest
    thing of all-buying out the vehicle at the end.
     
    Rich, Jun 28, 2011
    #7
  8. Can you make a more ignorant statement? Buying out at e.o.l could be a
    great deal, a rotten deal and hence stupid, or a mediocre one. Lots of
    factors to be considered at the time.
     
    John McWilliams, Jun 28, 2011
    #8
  9. RichA

    PeterN Guest


    Depends on your credit rating, and the nature of the upfront payment.
    But, whether I want to depends on the interest rate and what I can earn
    on my money.
     
    PeterN, Jun 28, 2011
    #9
  10. RichA

    PeterN Guest


    It's good you're not judgmental.
    I'm glad you don't post a broad based opinion without knowing the facts.

    Just because you don't know the reason doesn't mean that someone else
    may not have a good reason, which makes perfect sense.
     
    PeterN, Jun 28, 2011
    #10
  11. RichA

    PeterN Guest

    Careful John, now he definitely will try to make a more ignorant statement.
     
    PeterN, Jun 28, 2011
    #11
  12. That is easy to calculate.
     
    Robert Peirce, Jun 28, 2011
    #12
  13. That's not always true either. Sometimes the buy-out is below market
    and you can flip the car at a profit. That doesn't usually happen but
    it can.

    I haven't checked lately, but with "cash for clunkers" and the recent
    problems in Japan, used car prices are moving up in an alarming fashion.
    It is possible that some currently expiring leases might make a buy-out
    attractive.
     
    Robert Peirce, Jun 28, 2011
    #13
  14. RichA

    ray Guest

    Online_photography_store_in_trouble_news_308275.html

    So, how is it "dangerous"? It isn't going to kill you or physically harm
    you in any way that I can see.

    Pre-ordering comes in a variety of forms. It's fairly common in several
    hobbies for 'special runs'. In such cases, if you don't pre-order you're
    not going to get one - period. In some cases it is not binding and does
    not require a deposit - it's done to get an idea of the interest.
     
    ray, Jun 28, 2011
    #14
  15. RichA

    Alan Browne Guest

    No. Unless you're short cash at the start. But you will be paying them
    that back later on. With interest. So you'd only be winning if you
    lock in the interest rates and then there is sudden inflation and rising
    i rates.

    Leasing cars is rarely, if ever, a smart money move for a personal car.
     
    Alan Browne, Jun 28, 2011
    #15
  16. RichA

    PeterN Guest

    Several years ago the price of the car was reduced by about $4k and the
    interest rate was 0% if we leased. that one was a no brainier.
     
    PeterN, Jun 28, 2011
    #16
  17. Well, sure, if you have the intelligence.....! (and a calculator)
     
    John McWilliams, Jun 29, 2011
    #17
  18. You're good up to that last sentence. Sometimes it is, sometimes it
    ain't. Each deal has to be examined in some detail.
     
    John McWilliams, Jun 29, 2011
    #18
  19. RichA

    Alan Browne Guest

    The only smart (money) way to acquire a car is to pay the most you can
    in down payment, to pay off the car as quickly as possible and finally
    to use that same car as long as economically possible.

    Leasing has the car devaluing while you are on a fixed payment schedule
    and having put down a minimal (if any) down payment. The car usually
    devalues quickly. At the end you have either rented by paying too much
    per month or can "buy out" the car at a premium over its used value.

    That may fit some people's needs, but it is far from the best money deal.
     
    Alan Browne, Jun 29, 2011
    #19
  20. The "only way", huh?? You presume the choices are lease or finance. What
    about self finance? Opportunity cost of funds lost in downpayment?
    The car depreciates whether you own it or lease, whether you buy it out
    of pocket, via loan, or via lease. The buy out may be more or less than
    the then current market value. Each deal needs examining in light of
    one's personal situation.
     
    John McWilliams, Jun 29, 2011
    #20
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