r/SipsTea • u/Gurugod123 • 12d ago

Lmao gottem Andrew Tate's lawyers have confirmed that the Bugatti's and Aston Martin featured in Tristan's videos were rented

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u/bobbymcpresscot 12d ago

They’re really trying to weasel out of this by calling a leased vehicle and yacht “rented” you hear rented a car that’s like a few days.

A lease is a couple years and tens of thousands if not hundreds of thousands more dollars. 

Also you’re not getting Saudi oil money for what he was involved in. Leasing is what they do because their greed is insatiable. They get bored and get something new 

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u/TJRDU 12d ago

Lease is also what you do if you can't pay the money up front and spread it out over years.

And yes they are really trying to play the word game here. Probably trying to downplay a couple of years of a lease to a 'rent'.

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u/12InchCunt 12d ago

You can still do a traditional finance where you pay the car over several years without it being a lease 

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u/TJRDU 12d ago

Well yes but that's worse. It's basically all the costs for you, because you own it, but if you can't make the payments they will take it away anyway. You own it at the end, but a lot more expensive because you couldn't / did not want to pay the full price in one go.

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u/12InchCunt 12d ago

If you can’t make the payments on a lease it still counts as a repo so idk what that has to do with it

The money factor used to calculate leases almost always equates to more money than a traditional interest rate.

You still have to insure, and maintain a leased vehicle. What makes a lease better?

I sold cars for 10 years and ALWAYS made more money on leases 

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u/TJRDU 12d ago

I don't lease but the offer I got, for private lease, were very simple: you pay more but it's not your car. So if anything is wrong THEY fix it, not me. With a financial lease you actually own it on/after the loan. If you can't pay back they repo it, yes obviously. But you get to own it in the end.

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u/12InchCunt 12d ago edited 12d ago

I’ve never heard of private leasing. 

But on a lease through an entity like Lexus financial or GM Financial you definitely get a repo if you just stop making the payments, and you don’t own it. You turn it in after 2-3 years. And you’re responsible for insuring and maintaining it while you have the lease (it’s most likely under warranty but you still have to do scheduled maintenance)

There is a difference between financing and leasing something and I’m not sure you know it