No but OP did...sm

and there you were telling her "Leasing also allows you to get more car for the money, as lease payments are much lower than buying, especially if you can find a special."  Both statements are blatantly untrue.

So you lease a car for 3 years for $300 a month plus your $3K down, or you buy a car and make payments of $475 a month for 3 years. Leasing, you spent $13800 to drive someone else's car. Payments, you spent $17,100 but still have probably $10K of car left. So sell it and take the $10K off your $17,100 and you have? $7100 is what it cost you to drive it for 3 years. So $13,800 vs. $7,100.  Not too hard of a math problem there.

• Anyone lease their vehicle? Need pros and cons please - sm - confused
  • leasing vehicle - nancyj
  • you don't need pros and cons- what you need is numbers. - Smart MT
  • Do not lease. Big financial mistake for you. (nt) - Buy a nice new car, sell in 3 or 5 years.
    • To Each His Own - LinK
      • It may "work" for you but it is a bad move. (nt) - Just a huge mistake. Live and learn.
        • Maybe to You - LinK
  • Suze Ormon on TV advises to NEVER, EVER lease a car. (NM) - Dolo
  • I would think that owning a vehicle with low miles is a plus - sm - XXX
  • I alway lease, very 3 years I have a new car. sm - Lease Fan
  • I know it's not the best financial decision, but (see message) - I lease my car
  • DH has been in car business forever, He says NEVER lease a car. - nm
    • We lease - LinK
      • That's the whole point of the message...sm - Car owner
        • Again... - LinK
  • leasing vehicle - sm - confused
  • Who advised you? the dealership? say no more... - new car OWNER
  • Dear confused, you've been offered some very poor advice re leasing...sm - MoneyMOM
  • leasing in like renting - paying someone else for the privilige of driving their vehicle..sm - ILMT
  • cars - texan
    • how hard is it to figure out what you want to buy? - llort
  • Leasing works for me (sm) - Kid's mom
    • I am with you - I lease, love having new car every 3 years. nm - Mom of Teens
    • sorry but reaons don't hold water... - sorry to say
      • I don't recall asking for advice (more) - kid's mom
        • No but OP did...sm - Never lease
        • Couldn't Agree More - LinK
      • Do you listen to Suze or Dave? I prefer Suze myself. nm - Just wondering.
      • agree - haven't had a car payment in years - hmm
  • I personally like to lease and SM - I like to lease

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu