Car lease experience?

Question

For anyone who has leased a car, could you tell me your experience?
I've decided that leasing is best for me right now (no down payment, nicer car/less maintenance, lower/set monthly payments) so I would like to know how others experiences have been so far.

Answer 1

It can be a pain because when you lease and then the lease is over they try to make you lease another car or they try to make you buy it and if you buy it and pick like 48 months to pay it off by the time that is done the car would be like 7 years old and worth nothing. It is also very hard to break your lease in the middle of it and it may cost you your Security deposit.

Answer 2

We have never had a problem with leasing,we leased for 3yrs then re-leased it for another 12mths.The good thing about leasing is you can go on a holiday and never worry about petrol,tyres,windscreen, break down or a crash (if we survive) they will supply us with another car until ours is fixed or a new one if needed,plus car rego is covered.We have a Mitsubishi Lancer and when the 12mths is up we can upgrade to a bigger car if desired our payments are roughly $200.00 p/w.I dont know if this will be helpful or not.

Answer 3

I had to put money down, had the car for 3 years, Didn`t get to keep it when the lease was done, AND I had to pay 25 cents a mile for every mile over my allowed amount ..$3971 for 15,880 miles, which was only 5293 miles a year...Luckily I didnt have any damage beyond a ding, which was covered by my insurance (as was required by my contract) of course my $500 deducible didn`t help.

DONT lease

Just buy something from a lot, you may not have to put money down there either (ok, maybe $99 down.) But hey, you get to keep it!

Answer 4

As a former car salesman I can tell you that the single biggest mistake people make when leasing is in not purchasing enough miles.
At lease close, mileage adjustment can be quite costly. It's better to buy enough miles up front.

Answer 5

i've got consistently had stable studies leasing, i've got under no circumstances run into the extra effective quotes the guy above talks approximately. it truly is real you do no longer own something interior the top, yet you're no longer out to any extent further than you're with a purchase order, because you pay extra each month on the acquisition to have possession interior the top. the main important project with leasing is which you get sorta trapped, you truly under no circumstances quit making funds, and additionally you may discover the money for to place down on the subsequent employ ot to purchase the vehicle on the top.