who leases?..
#3
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Join Date: Aug 2007
Location: DT Seattle, Washington
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$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.
#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.
#7
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).
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#10
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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.
What happens if you don't pay it off before the lease ends?