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re: Leasing a vehicle

Posted on 2/16/10 at 6:25 am to
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 2/16/10 at 6:25 am to
It seems better for those who know they will want to trade in for a new car every 3 years. You are still negotiating the same things, you just do them all up front instead of at different times.

The things that you really have to watch out for are the mileage limit and damage to the vehicle.
Posted by JWS3
Baton Rouge
Member since Jun 2008
2502 posts
Posted on 2/16/10 at 8:48 am to
quote:

If I ever lease a vehicle I hope somebody shoots me before I sign anything.


I leased a car once, I wish I had shot myself instead. All the genuises with their financal calculators can show you on paper how great it works out. Their calulations never factor in things like your concept of normal wear and the dealer's not being quite the same. Buy a 2-3 year old car, pay cash if possible, and laugh at the people dumpimg money into a lease.
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