who leases?..
10-17-2007, 07:26 PM
#3
Registered User
Join Date: Aug 2007
Location: DT Seattle, Washington
Posts: 52
Likes: 0
Received 0 Likes
on
0 Posts
$4800 down, $291 a month for 36 months.
I hear that this past summer lease specials were running around $5000 down, $349 a month.
both with a residual value around 19k.
I hear that this past summer lease specials were running around $5000 down, $349 a month.
both with a residual value around 19k.
10-17-2007, 07:30 PM
#4
In 2002, I put $5,000 down and paid $410 a month for 42 months. I paid it off before the lease was up though.
10-18-2007, 03:12 AM
#7
Registered User
Join Date: Aug 2007
Posts: 562
Likes: 0
Received 0 Likes
on
0 Posts
so when you're done with the 36 month lease and still owe $20k on the car, what do you generally do? get a $20k loan over 48 more months to pay the rest off? that's like $450 a month for another 4 years.
or do you just give it back and lease another car? the only reason i ask is because my payments are about $450/mo and i'm financing the car, so i don't see the "benefit" of leasing for....$400/mo (or $499, although i suspect he put way less money down and has a higher residual value and perhaps a high money factor).
or do you just give it back and lease another car? the only reason i ask is because my payments are about $450/mo and i'm financing the car, so i don't see the "benefit" of leasing for....$400/mo (or $499, although i suspect he put way less money down and has a higher residual value and perhaps a high money factor).
Trending Topics
I should be getting my title soon.
10-18-2007, 07:01 AM
#10
Registered User
Originally Posted by gomarlins3,Oct 17 2007, 07:30 PM
In 2002, I put $5,000 down and paid $410 a month for 42 months. I paid it off before the lease was up though.
I'm considering doing that, but the trick is paying it off before the lease ends right? What happens if you don't pay it off before the lease ends?