$432.86. I paid $0 down. 42 mo. 15000 miles a year.
BTW. I lease only because I get a new car every 3 years. I've been doing it since the mid 80's and I have never had a problem with it. |
i guess im the only who buys a car to keep it for awhile? last car i paid off in 4 years and enjoyed driving it for another 3 and sold it for 8k. paid 24k for it. i think i did ok.
|
The lease thing kind of confuses me though...these are the questions I have about it:
1.) Do they run your credit? Because it seems as if theres no APR or anything involved with leasing. 2.) So are you actually financing the car or are you renting it? 3.) And also, can you trade in the car anytime or only when your lease agreement is up? Thats the only questions I have...sorry if I'm a caveman about this stuff... |
Originally Posted by sigsauer87
The lease thing kind of confuses me though...these are the questions I have about it:
1.) Do they run your credit? Because it seems as if theres no APR or anything involved with leasing. 2.) So are you actually financing the car or are you renting it? 3.) And also, can you trade in the car anytime or only when your lease agreement is up? |
Originally Posted by sigsauer87
The lease thing kind of confuses me though...these are the questions I have about it:
1.) Do they run your credit? Because it seems as if theres no APR or anything involved with leasing. 2.) So are you actually financing the car or are you renting it? 3.) And also, can you trade in the car anytime or only when your lease agreement is up? Thats the only questions I have...sorry if I'm a caveman about this stuff... 1) Yes, they underwirte it just like a conventional car loan. 2) You are renting it, but you still have a balance owed, a lease factor and it will be reported to the credit bureau just like a regular loan. 3) You can trade the car anytime, the buying dealership would have to pay off the lease balance. |
Hmm...soo...typically...What would be good credit to get a lease...is a score of 673 pretty good? Seems to me as if leasing is better in some ways...but in other ways its not haha...
|
All times are GMT -8. The time now is 06:00 PM. |
© 2024 MH Sub I, LLC dba Internet Brands