03-06-2010, 05:23 AM
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#19 (permalink)
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A True Z Fanatic
Join Date: May 2009
Location: St. Louis
Posts: 14,275
Drives: Pure Sex
Rep Power: 543
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Quote:
Originally Posted by Zsteve
IMO I would not buy the car at the end of a lease its just not good money sense. Get another car. Leases are for people who want a new car every so often, so never think about buying the car afterwards. And Im not a big fan of putting that much down for a rental.
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Do you have a crystal ball?
They put residuals on the end of the lease, and sometimes they are lower than trade values, where you could buy the Z turn around and sell it yourself and make a few bucks. You just have to wait until the lease is almost up and look up the value of the car against the residual buy out, then make your decision. To say not never buy a lease at the end is not good advice, until you know all the facts.
Putting money down on a lease; all you are doing is buying down your payment. That is it nothing more.
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