MacOH21
macrumors regular
I bought a M5 15'' with 24 mb of ram before everything with ram and pricing exploded. Im convinced I could sell it for more than I paid for it now.
They’re just hoping we don’t do the maths after 3-5 years of constant lease upgrades. 😂
I bought a M5 15'' with 24 mb of ram before everything with ram and pricing exploded. Im convinced I could sell it for more than I paid for it now.
Agree, and it also causes problems for ownership.The problem with leasing a computer for 3 years is at the end of the 3 years you are stuck with two options: pay the balloon payment at the end and then own it, or start a new computer "rental". Neither is a very good thing for someone that money is that tight that they had to lease in the first place.
Who knew it would be a literal cash investment...Oh there's no question. I'm into my 15" M5 MBA 24/1TB for $950 🤩
I recently got a new protective sleeve, as I need to take care of it more than ever now.
$2k over 3 years is $666 per year (Woz would approve.)Agree, and it also causes problems for ownership.
Example:
Cool, I can rent a MacBook Pro 16 inch for three years and pay at total of just short of 2k but if I can’t cough up the extra 1k at the end to own it I of course have to give it back.
2k gone and you’ve got nothing to show for it at the end.
However playing devils advocate.
If you have an extreme work load and like to upgrade your laptop every 3 years you are getting a good deal because each Mac will cost less overall but that only works if you continue to keep upgrading after 3 years.
Leases can be dangerous but if people can take them out responsibly, I guess it’s nice to have another option.
I disagree that there is nothing to show for the lease at the end. The lease provides an opportunity to use the device for a period of time, and there is value in that (say $55/month). Also, the residual value of the device is more than the market value of the device at the end. With products that become obsolete quickly, there is less value in owning them outright long-term. Remember that this is an "upgrade program" for people who want to use the latest and greatest, not a "rent-to-own program," although it could be used that way too.Agree, and it also causes problems for ownership.
Example:
Cool, I can rent a MacBook Pro 16 inch for three years and pay at total of just short of 2k but if I can’t cough up the extra 1k at the end to own it I of course have to give it back.
2k gone and you’ve got nothing to show for it at the end.
However playing devils advocate.
If you have an extreme work load and like to upgrade your laptop every 3 years you are getting a good deal because each Mac will cost less overall but that only works if you continue to keep upgrading after 3 years.
Leases can be dangerous but if people can take them out responsibly, I guess it’s nice to have another option.
Yes, I realised that when I checked again.I disagree that there is nothing to show for the lease at the end. The lease provides an opportunity to use the device for a period of time, and there is value in that (say $55/month). Also, the residual value of the device is more than the market value of the device at the end. With products that become obsolete quickly, there is less value in owning them outright long-term. Remember that this is an "upgrade program" for people who want to use the latest and greatest, not a "rent-to-own program," although it could be used that way too.
That's fine. I'm sure there are plenty of things we both agree and disagree on.I read it, and re-read it. I disagree with your conclusion that leasing a computer for 3 years is "insane".
Who said the shortage was due to overwhelming demand? Apple never discloses units sold, so they could just be not getting new inventory from factories so inventory is running low while at the same time, demand is low also. Other retailers have plenty of stock.Complaints about price increases throughout the internet, yet the numbers are telling a different story. Difficult to blame companies at this point for taking advantage of the laws of economics.
Why would they not raise their prices if people aren't voting with their wallets?
Thats the one thing i regret with my base M5 Air, I should have paid the slight extra and got the 24 GB model. Anyway the base model should be good enough for me for the next 5 years or so.Oh there's no question. I'm into my 15" M5 MBA 24/1TB for $950 🤩
I recently got a new protective sleeve, as I need to take care of it more than ever now.
This is the same way the car leasing business has worked for decades.The problem with leasing a computer for 3 years is at the end of the 3 years you are stuck with two options: pay the balloon payment at the end and then own it, or start a new computer "rental". Neither is a very good thing for someone that money is that tight that they had to lease in the first place.
Glad I spec’d my M4 MBA with 32gb/1Tb as I doubt I’ll be upgrading any time soon at this rate. The world’s gone mad.
I wasn’t talking about buying a residence. I was talking about buying a MacBook which is the topic of this thread.This strategy is unfortunately impractical in most cases when you want to buy a residence, despite being arguably the most important purchase you will ever make in your life.
It’s interest free and the exact same amount of money, except you don’t have to put up the full purchase amount on day one.I'm sure we will have to agree to disagree on this one, but I think leasing a MacBook Air for three years is absolutely bonkers. This is how it all starts. $25 a month here, $50 a month there...and before you know it some people will be underwater and they will default. Trust me, it is coming. I do understand that no one is forcing anyone to lease a computer or phone. But still, leasing a computer for three years is insane to me.
Because by leasing it you are beholden to a financing company for a certain amount of time, you take a hit to your credit (albeit a small one), and you own nothing when it's all said and done, unless you buy it at the end of the term. All this over a freaking MacBook Air. Yeah, that is insane.It’s interest free and the exact same amount of money, except you don’t have to put up the full purchase amount on day one.
How, exactly, is this insane?
Your original comment should have included thatUSA 18% increase.
Australia 30% increase.
Being "beholden" is what you have to do to get an unsecured, interest-free loan for the $1200+ price of the laptop. What are you advocating, that Apple Upgrade customers just be handed $1200 with no strings attached?Because by leasing it you are beholden to a financing company for a certain amount of time
you own nothing when it's all said and done.
If you lease it, you own nothing when it's all said and done. If you decide to pay the remaining balance at the end of the term then yes, you would own it at that point. I updated my post for clarity. However, my point still stands. You're leasing a low-end laptop, in the realm of laptop computers, and that is insane. If you can't afford it, save up for one and then buy it. It's better than getting into a legally binding leasing contract and being beholden to some scumbag financing company, all over a laptop.This is flatly wrong, and you know it.
At the end of the term you pay the balance and own the MacBook for the EXACT SAME AMOUNT you would have had to pay up front. There is ZERO extra cost.
And if you can't afford to pay the balance, then you return the machine and you got a three-year rental for 2/3 of the purchase price. And if you are in the tiny group that can't afford the balance payment, then you almost certainly couldn't have afforded the full purchase price on day one.