I wondering if anyone on here as recently leased a good sized car or small truck at a good affordable price? I would really like something newer to drive my little one around in but don't know if I can really afford it.
Thanks for the advice, I think saving is the right option. Just going to take a real long time.
if you can afford it don't do it,buy a car for about 8000 and make 200 payments small dealers i think are best than the big ones because in about 2 years you can pay it.but if not go for a new car with 400 payments a month and pay it in about 6 years:)
If i could do it over, I would go for the cheaper car....and make small mthly payments...
There is no such thing. Yes, you can lease a car for a low monthly payment, but keep in mind that will mean you'll need to come up with a larger down payment and possibly another payment when the lease is up. And 3 years from now when you turn in the car, you'll have nothing.
You're much better off purchasing a car. If you want to figure out what you can afford, try saving $200 each month for 6 months. This will prove to you that you can afford it, and in the meantime, you'll have a nice downpayment.
If you can't afford it--don't do it. Save up and BUY a car. Leasing is always a bad idea.
Hi Kat, I worked at Honda Finance for about three months in their call center dept & learned a couple of things. Leasing, for the most part, is cheaper on a month to month basis, however, at the end of the lease, there's still a lot owed on the vehicle b/c the pymnts you were making weren't going towards the balance of the vehicle, only to "borrow"....so, say you lease a veh for 3 years (pretty standard), at the end of that 3 years, you'll still owe a considerable amnt of money if you wanted to buy (i.e. $11,000). also, b/c leasing isn't your car, you have to carry more insurance on it than you would on a vehicle that you're buying. also to consider - excess wear & tear, excess mileage. now if you wanted to just get another car at the end of your lease of course you could do that & keep pymnts down. but had you actually bought the same vehicle instead, you'd be half way to actually owning it...and then...NO MORE CAR PYMNTS - YAY! :)
i know my info wasn't the greatest (lol) but i sure hope it helps. i actually need a better/newer car for my boy too & even though i can probably lease a car for approx $200, in my opinion, it's just a bad idea....but it's not a bad idea for everyone! :)
i did see some customers that bought like an '07 civic and their pymnts were $200/month, and this was for a purchase, not a lease. it'd be advantageous to tell them your max amount at a dealership, and hopefully find something you like. good luck!
