Friday, November 15, 2013
Buy vs. Lease
Don't want a large down payment on a new car?
WHY NOT LEASE?
There's little to NO MONEY DOWN or you could use your trade-in
to help keep the 1st payment low.
And there's always coupons or deals going on in a dealership.
(Like FREE oil changes for those 3 years & complimentary key chains, etc.)
You get a 3 year lease with usually 12 to 15,000 miles allowed.
You are also allowed $500 to $1500 worth of damage.
If you want to buy it at the end of the 3 years you can,
although you have to pay the balance which is usually a few thousand dollars.
SO WHY NOT LEASE ANOTHER NEW CAR AT THE END OF THAT LEASE?
You'd be warrenteed and you'd have ANOTHER new car!
*Be sure to bring it back nice & clean! You get kudos for that & a good reputation with the dealership for doing so!
Vacumn it out and take it through the car wash. You'll be glad you did!
*I've leased 3 times & I'd do it again!