Piggybacking on Ortiz's thread about buy a car - what about leasing?

[Smurfy]

In what situation would it be most beneficial to LEASE an automobile? Im going to be in the market for a car in the next few months Id imagine and my biggest concern will be keeping the monthly payments as low as possible. Also, do they lease cars that are 1 or 2 yrs old? Or only brand new rides?
Im frugal and havent had a car payment since the 1990s and am not looking forward to it at all (Im not poor you jerks).

 

[ortiz34]

valid question
about how many miles is your commute going to be?

 

[stilleto]

i think your biggest concern should be hiding your keys.



i don't know anything about leasing. I just came here to make a funny comment that I hope was not obnoxious.

 

[Smurfy]

valid question
about how many miles is your commute going to be?

3 miles max one way

 

[Smurfy]

i think your biggest concern should be hiding your keys.



i don't know anything about leasing. I just came here to make a funny comment that I hope was not obnoxious.

lol you know all too well


But the only person with access other than myself will be my son. And he doesnt have the balls to cross me like that (well not yet at least lol)

 

[ortiz34]

Lease could be an option
leasing benefits are
no maitnence
new car every 3 or so years
affordable payments
Not to sure about leasing pre-owned, I don't see that too often

owning a new car, can break the bank, depreciates in value FAST
but owning it for 4-5 years + can pay off

look into a VW Jetta or somethin
get the middle of the road model
and negotiate the lease
10-12K miles, based on your commute

How much do you wanna put down?

 

[drsketch]

i just want to hit it and quit it

 

[Smurfy]

i found a really easy-to-understand lease vs. buy website
Lease vs Buy? Car Leasing versus Buying Explained

 

[ortiz34]

Dr. Sketch, what's up with the special olympics pic in you AV?

 

[Smurfy]

Lease could be an option
leasing benefits are
no maitnence
new car every 3 or so years
affordable payments
Not to sure about leasing pre-owned, I don't see that too often

owning a new car, can break the bank, depreciates in value FAST
but owning it for 4-5 years + can pay off

look into a VW Jetta or somethin
get the middle of the road model
and negotiate the lease
10-12K miles, based on your commute

How much do you wanna put down?

i only want to put down $1-2k. Im looking at a honda, toyota, nissan or mazda more than likely.