Originally Posted by Chteelers

I'm always amazed at people who only look at monthly payment, and not overall cost.

$32K sport Z, $1k down, 7% tax, lease for 36 mo = $400 / month and you turn the car back in, maybe with lease end fees. So you're out net $15k.

$32K sport Z, $1k down, 7% tax, 0% loan for 60 mo = $550/month and you own a Z worth resale $27 based on current '07 resale prices. So you're out a net $7k.

If you can't afford the monthly payments on a 36 mo loan, you should consider a less expensive ride. If you can't afford the monthly payments on a 60 mo loan, you're living beyond your means. Why pay lease payments that are almost the same as loan payments, and you end up with no car at the end?