Quote:
Originally Posted by supraghost
leasing a car is stupid.
there are plenty of good cars to own for under 4k
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For a tuner, yes, leasing is stupid.
If someone wants a NEW daily every 3 to 4 years (we do 3.5 on my wifes lease) with FULL warranty roadside assistance and all the latest and greatest safety equipment & electronic goodies it's perfect.
Lease candidate criteria.
1) Accept that you're always gonna have a monthly payment. (insurance is a bit higher on a lease too)
2) Accept that any mods you do must be UNDONE before turning it in (best to leave it be, it's your DD
)
3) Realize that you're going to need to be BRAND loyal as a lease customer to get the best deals over and over.
4) Never put more than first payment and titling fees down at the inception of the first lease. (previously stated, by Bender I think.) After that dealers usually waive disposition fees and first payments due to lease loyalty.
5) If anyone tells you it's not REALLY your car, ask them if theirs is paid off yet.
Yeah, it's basically renting. But two three year leases will usuall be less money for the amount of CAR you get vs. a 5 or 6 year purchase.
Then theres the fact that after a purchased car is paid off you can get a SURPRISE maitainance or repair bill that's more than two or three payments on a lease....
Different strokes for different folks