People who LEASE...

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Old 05-29-2007 | 12:15 PM
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People who LEASE...

Can you tell me what type of car you have, how much you pay a month, how many months, how many miles, and how much if any you put down?

Just curious to get a feel of what prices people pay for different price range of cars...

Thanks! Trying to see what kinda of car is obtainable in the future if I were to lease after college.
Old 05-29-2007 | 12:33 PM
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Nothing current. I leased my 02 auto $500 down, $399/month, 15K miles/year. Got the same deal on my 03 lease. Sold both & bought my current 6MT CLS.

Lease rates in FL are actually very good across the board.
Old 05-29-2007 | 12:36 PM
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nothing bought my 02 tls out right, cant stand to make a car payment. if i can't afford it i don't buy it.
Old 05-29-2007 | 12:37 PM
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Originally Posted by mrproul
nothing bought my 02 tls out right
Not to be a douche, but why even post? I said "People who LEASE..." And leasing doesn't necessarily mean you can't afford it...
Old 05-29-2007 | 12:38 PM
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because i have leased a car before and it was nothing but a headache.
Old 05-29-2007 | 12:39 PM
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I didn't ask if I should lease a car, I just asked what people are paying. OK Back to on topic...
Old 05-29-2007 | 12:48 PM
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02 CLS w/o nav: maybe $500-$1k down, I don't remember, + TTL, $339/month for 39 months 12k miles.
Old 05-29-2007 | 12:57 PM
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2007 Honda Accord EX-L V6 w/Navi (sedan)
$2k down/$393 per month/36 month/12k per yr
Old 05-29-2007 | 01:23 PM
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If you are looking at leasing just cause that means that you can afford more for the same price-you are looking at it for the wrong reason. You should lease becuase you want a new car every x number of months.

To keep on topic-
2007 TL-S
36 months/12k miles a year
$450 down, $450 a month
Old 05-29-2007 | 02:00 PM
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Originally Posted by ATXCLS
If you are looking at leasing just cause that means that you can afford more for the same price-you are looking at it for the wrong reason. You should lease becuase you want a new car every x number of months.

To keep on topic-
2007 TL-S
36 months/12k miles a year
$450 down, $450 a month
That is a terrific deal!! If I thought I could get the TL-S for $2,000 down and $450/mo, I would have gone for it.
Old 05-29-2007 | 02:10 PM
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I'm not leasing now.....but previously

04 M3 coupe - $880/month, 12k miles, 36 months, $3,500 OOP.

00 Viper GTS - $1060/month, 12k miles, 36 months, $4k OOP.

01 CL-S - $439/month, 12k miles, 36 months, $2,500 OOP.

Have leased others and never had a problem.
Old 05-29-2007 | 02:20 PM
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Wouldn't this depend on what job/how much you are making when you get out of school? That would be the first thing on my mind. (just trying to be realistic here)
Old 05-29-2007 | 02:35 PM
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Leasing is no longer a tool to live beyond your means. That's OLD thinking.
Today's used car market & resale is crap. Dealers make more $ leasing then financing in today's market. There's tons of new product every 3-4 years as well.
It makes more sense in many families to lease instead of buying.
Old 05-29-2007 | 06:41 PM
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My thoughts on leasing:

The best scenario is when you have a car allowance from work or own a business that you can use to lease the car. In general this allows you to not pay income taxes on the payment, which in most cases is enough of a savings to overide any concerns about the difference in finance terms between leasing and buying.

Here is brizey's trick to leasing: you must be prepared to do the right thing at the end of the lease!!!

-If the car is worth more than the buyout, you must buy the car. Dealers make gobs of money by doofuses (doofi?) that turn a car in that they have already partially paid for.

-On the other hand, even if you like a car, you cannot buy a car that costs you more for the buyout than you can buy the car on the open market (which is a bit more obvious).
Old 05-29-2007 | 06:49 PM
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Originally Posted by r0dxx
Trying to see what kinda of car is obtainable in the future if I were to lease after college.
They change month to month so when you closer to buying is when you should check out rates.

http://www.edmunds.com/incentives/Re...centives.1.1.*

That can give you some idea. Most of the time you can get better rates than those.

Also some may require a lot down which in return makes it a crappy deal.

Last edited by Crazy Bimmer; 05-29-2007 at 06:52 PM.
Old 05-29-2007 | 07:10 PM
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Originally Posted by Crazy Sellout
They change month to month so when you closer to buying is when you should check out rates.

http://www.edmunds.com/incentives/Re...centives.1.1.*

That can give you some idea. Most of the time you can get better rates than those.

Also some may require a lot down which in return makes it a crappy deal.
Wow, that's like exactly what I was looking for...Some of these deals are pretty sweet, and I like the fact it shows all the little details. Thanks

I just got a 2006 Honda Accord Coupe, so I'm not really in the market now, just curious what can be had for certain prices.
Old 05-29-2007 | 07:58 PM
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Originally Posted by brizey
The best scenario is when you have a car allowance from work or own a business that you can use to lease the car. In general this allows you to not pay income taxes on the payment, which in most cases is enough of a savings to overide any concerns about the difference in finance terms between leasing and buying..
That's one advantage of leasing, but there are many more for people who don't own their own business.

Leasing can be a very good thing, if you know what you're doing.....if you don't. That's typically the people that come back 2-3 years later and say they would never lease again.

Most people don't know the ins and outs of leasing.
Old 05-29-2007 | 11:39 PM
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From: N35°03'16.75", W 080°51'0.9"
Now:

2007 TL-S; ~$425/mo (incl tax); ~$2500 Down/Tags/Reg; 36 Months/12K per year


Previously:

2002 TL-S; ~$375/mo (incl tax); ~$3000 Down/Tags/Reg; 36 Months/12K per year.



Biggest lease mistake: going WAY over your mileage allowance. If you can't stay close to the mileage allowance, find a car you can afford to purchase.

Last edited by Bearcat94; 05-29-2007 at 11:42 PM.
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