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re: About to lease a car...any tips before I pul the trigger?

Posted on 5/26/14 at 10:22 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 5/26/14 at 10:22 pm to
I was in your shoes about 18 months ago. Wife's car crapped out with 10 months left in school...needed something to get her through. Ended up getting a $14k + tax 4Runner, and financed the entire thing. I sold after she was done with school for the amount I owed on the note. So basically just leased something for those 10 months.

Would have kept the 4Runner except she got a job 72 miles from our house so we went with the Jetta TDI.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/26/14 at 10:30 pm to
quote:

I was in your shoes about 18 months ago. Wife's car crapped out with 10 months left in school...needed something to get her through. Ended up getting a $14k + tax 4Runner, and financed the entire thing. I sold after she was done with school for the amount I owed on the note. So basically just leased something for those 10 months.


Glad it worked out for you. Seems like it's the same difference between buying and financing or leasing.

Seems like you basically paid interest for 10 months (depending on the terms of your note) and then sold it for about the same price as you bought it for?
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