sweetride01

Do you think that after a year or two Acura/Honda would put you into a new car of the same type with a new lease for the same amt a month for just startup costs?

CarDumb

Because of the depreciation, I doubt it. The stuff I've read is that it's generally not economical to get out of a lease until about 2/3 of the lease period is over. The car loses a lot more value during the first 2 years as compared to the latter years. A 3-4 year lease is a lot cheaper because you're spreading out the high depreciation cost of the first couple of years over 3-4 years. If the dealer took back your car after only 1 year, you wouldn't have paid for that year's depreciation, and the dealer probably couldn't re-lease that year-old car for the same price as a new car (which they'd have to do to recover their costs). The dealer where I went said they often have people getting out of 4 year leases after 3-3 1/2 years, but that's it's usually not feasible to do it before then.

VTEC Animal

My understanding is that once you are about 1/2 way through the lease the value of your car should be very close to what your buyoff is.......