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Lease or buy? need your opinions guys.
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<blockquote data-quote="Sub_Elect" data-source="post: 33853" data-attributes="member: 1014"><p>Actually, no. The down payment goes to make your lease smaller. You could figure out the total amount of lease payments ect, then write a check for the total amount and have no payment if you chose to do that. I have leased two of them, and my old man has leased 3 vehicles. He lost his @$$ on the first one but has done very well on the other two, learning lesson.</p><p></p><p>You always loose money on a vehicle, ALWAYS! Its just a matter of loosing as little as possible. Or as little as you can justify. Unless you go to a dealership and ask how the leases work right now I wouldn't take anyones advice on them. Especially someone who has never done it!</p></blockquote><p></p>
[QUOTE="Sub_Elect, post: 33853, member: 1014"] Actually, no. The down payment goes to make your lease smaller. You could figure out the total amount of lease payments ect, then write a check for the total amount and have no payment if you chose to do that. I have leased two of them, and my old man has leased 3 vehicles. He lost his @$$ on the first one but has done very well on the other two, learning lesson. You always loose money on a vehicle, ALWAYS! Its just a matter of loosing as little as possible. Or as little as you can justify. Unless you go to a dealership and ask how the leases work right now I wouldn't take anyones advice on them. Especially someone who has never done it! [/QUOTE]
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