I am thinking about taking a sales job where I will need to go on 15 appointments throughout Chicago each week. I need a car. My Office is 20 miles from home. My clients will be up to 60 miles away.
2006-11-02 05:53:38 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
You should get a high mileage lease, you'll pay a little more but you'll always have a newer reliable car to get you were you need to be. If you buy a car, with the mileage you do, it'll be worth nothing after three years, and you'll still owe money.
2006-11-02 08:31:20 · answer #1 · answered by jay 7 · 0⤊ 2⤋
Well judging by the amount of miles you are going to put on, you would be better off buying as opposed to leasing. The reason is onleasing your have a certain allowence on miles. If you go over you pay extra, alot extra. And with the price of new cars and there depreciation, I would buy a used car a couple of (2) years old. The depreciation hit was taken by the previous owner and it would/should have low miles and still has warranty. You can always purchase extra warraty but do your homework on which warranty companies are good. Get something depenable and safe.
Subara Legacy, Forester
Honda Accord, CRV
Toyota Camry, RAV4
2006-11-02 07:02:14 · answer #2 · answered by ? 7 · 0⤊ 0⤋
You need to think about how long you are going to have this vehicle for. If you plan on keeping it for a long time and you are obviously going to be driving a lot, your best bet would be a new vehicle. A pre-owned vehicle has miles on it already, and you really need to start with 0 and have a full warranty. Any salesman is going to tell you pre-owned is the best bet because that is where we make most of our money(I know I sell cars too).
Besides you are going to want a warranty and why start off with less of a warranty and have to possibly purchase one when you can start off with a new warranty from the beginning.
I do agree about the leasing, bad idea because you will use too many miles and in the end will end up owing more because of excess miles and wear and tear. Also, do not tell your insurance company you use your vehicle for sales(work) it will raise your premiums.
2006-11-02 06:27:24 · answer #3 · answered by chevroletgal06 1 · 0⤊ 0⤋
Are you also registering the vehicle within the city of Chicago ? if so, then don't lease. The city of Chicago gets an additional "use tax" on your monthly payment.
Buying a certified pre-owned is probably the way to go.
Ford offers low financing on CPO units. I would be happy to help you, & give you some numbers both ways, buy vs lease, new or CPO. I'm actually located just outside of Chicago, & am very well versed in leasing, & buying.
Let me know if I can help.
2006-11-02 12:53:32 · answer #4 · answered by Vicky 7 · 1⤊ 0⤋
Pre-owned. You don't want to beat up a new car driving all over town. Leasing won't work - too many miles. Just don't tell your insurance agent that you are doing anything but driving to and from work!!!
2006-11-02 06:01:39 · answer #5 · answered by kramerdnewf 6 · 0⤊ 0⤋
I'd lease on that basis. Definitely lease. Good Luck ! :)
2006-11-02 06:35:59 · answer #6 · answered by tysavage2001 6 · 0⤊ 0⤋