I live on florida and trying to lease thru nissan.
2007-12-18 06:21:14 · 4 answers · asked by elyuma 2 in Cars & Transportation ➔ Buying & Selling
i disagree i think leasing can be a good thing depending on how long you normally keep cars i hear people say i wont lease i have to own my car and they are trading a car that they still owe the bank 3 years on so infact they will never own a car if they keep trading if you want to drive a better car for the money every 3 years then leasing is for you. also you wont pay more than the average person for the interest the interest on a lease is a money factor and i can get my customers qualified for the same money factor regardless of score i have 500 scores driving new leases right now for less money than a buy would be at 21% interest that they would qualify for normally and the customers are very happy and we sold the cars for invoice no messing around and the customer can just come back in 27 or 39 months and lease another car also if you lease with chrysler financial of ford motor credit they have a program that can get you out of the lease 3-6 months early called pull ahead program so way it up and see if its best for you (finance manager at a car dealership 11 years )
2007-12-18 06:46:30 · answer #1 · answered by daniel s 2 · 2⤊ 0⤋
Leasing for most not a good idea. That you have to ask this question indicates that is especially true for you.
When leasing, you are paying more for the car than you would otherwise. This includes the car price, financing, administrative fees, and a profit. This on top of maintenance and insurance. Yes, the payments may be lower, but that is because you are gambling that there will be enough value left in the car to sell it off at the end of the lease to pay it off. You gain no equity or value in the vehicle in most leases.
Your best bet is to save first, then buy a car for cash. Money you save can draw interest while you are saving, and paying cash for a car gives you the ability to hardball with the salesman (I'll write a check in the next five minutes here, or down the street in the next 30 minutes)
Again, for most, leases are a bad idea!
2007-12-18 06:33:11 · answer #2 · answered by terrellfastball 6 · 1⤊ 2⤋
Pretty low, I think, if you don't mind paying through the nose for it. I knew a guy who was paying something like 600 bucks a month for a CRV.
If you need to ask this question, you should not be leasing a car.
2007-12-18 06:27:37 · answer #3 · answered by Anonymous · 1⤊ 2⤋
As stated above, if your credit score is low you will be paying a lot in interest and a long note, might be better and wait.
Good Luck
2007-12-18 06:31:08 · answer #4 · answered by Anonymous · 0⤊ 2⤋