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Beth
The Key to your new home....

Member since 2/06 24849 total posts
Name: Beth
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Re: Do you Lease or Finance?
we have done both- and currently do both
I wont lease again - only b/c I don't drive to work anymore- and I would rather buy a pre-owned car and pay it off rather then lease again
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Posted 1/25/08 7:00 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
MrsPornStar
Partners in crime

Member since 10/05 14656 total posts
Name: Mama
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Re: Do you Lease or Finance?
We financed both cars.
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Posted 1/25/08 7:05 PM |
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Whamtastic
LIF Adult

Member since 1/07 997 total posts
Name: Big Fat Baby with a Blackberry
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Re: Do you Lease or Finance?
I've only paid in full for a car, but if that was not an option, I would finance and pay it off as quickly as I could. I prefer to keep my cars for a long time and not have a payment.
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Posted 1/25/08 7:14 PM |
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SweetestOfPeas
J'taime Paris!

Member since 3/06 32345 total posts
Name:
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Re: Do you Lease or Finance?
I have never leased.
I tend to keep cars for a long time, so financing makes sense to me. I also don't want a never ending car payment. while it might be nice to get a new car every 3 years - you're paying for that luxury, bigtime! I haven't had a car payment in 5.5 yrs.
5.5 years x $300 a month (avg) = $19,800!
eta: I just figured out that I've had my car for 114 months. that would have cost me $34,200 in lease payments (at $300 a month), plus whatever I would have put down initially. my car was more than $10K less than that, and I haven't put anywhere near that much $ into it.
Message edited 1/25/2008 8:33:46 PM.
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Posted 1/25/08 8:29 PM |
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