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Old 01-19-2013, 03:59 AM   #15 (permalink)
cruiserdaddy7's Avatar
Join Date: Jul 2007
Posts: 10,887

Originally Posted by Clarka3 View Post
thanks for the input guys and gal. not sure which route I'll go. What's the story on a lease? Basically you get it for that time period with a monthly payment- then what happens?
You do not want to lease. You are limited on miles you can drive and if you go over you pay per mile. There is also a decent chunk due at the signing. 36 month lease and you give the car back and have have nothing.

Also keep in mind that you are STUCK in the lease until the end. Say you buy and after 1 year dont like it atleast you can sell it. With a lease you may be able to sublet the lease if you can find someone else to take it.

Leasing basically starts the pattern of having a car payment for life. Who wants that?
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