2007-06-26 01:18:09 · 7 answers · asked by mArQuiTa ChiKa 3 in Cars & Transportation ➔ Buying & Selling
no ,
you can lease without having a car to trade , you just lease the car as if you were going to buy it without a trade , and you pay the DMV , taxes ,and such out of your pocket instead of using the money you would have gotten from the trade in
most people trade their current car in on a lease or to purchase a new one just because they dont need to have two cars or because the old one is just to beat to keep , also people use the trade as a down payment on the new one , if they dont owe any money on it when they get rid of it that is
B.
2007-06-26 01:25:22 · answer #1 · answered by ivan dog 6 · 1⤊ 0⤋
In considering lease versus trade in, the present value of lease payents for the duration of the lease should be about the fair market value of the car and that the depreciation will not be charged to the Lessee. I feel you don't need to trade in the car under the above considerations.
2007-06-26 09:50:25 · answer #2 · answered by henry 4 · 0⤊ 0⤋
No, but you'll need a hefty down-payment. Depending on the car, it could be a couple thousand dollars, plus all the other "dealer tax and options" garbage they can squeeze out of you.
2007-06-26 08:21:17 · answer #3 · answered by Resident Heretic 7 · 1⤊ 0⤋
No, as others have stated.
I try to keep at least two cars.
If one needs to be in the repair shop, it will not hamper my ability to get around. I don't have to rely on loaners or rentals.
2007-06-26 08:30:11 · answer #4 · answered by teamepler@verizon.net 5 · 0⤊ 0⤋
NO,unless you don`t have the money to put down on it.
2007-06-26 08:20:33 · answer #5 · answered by Bill L 3 · 1⤊ 0⤋
Not at all!
2007-06-26 08:21:12 · answer #6 · answered by babycattos 4 · 1⤊ 0⤋
DUH.......no
2007-06-26 08:21:04 · answer #7 · answered by Anonymous · 1⤊ 0⤋