| Posted By |
Message |
| Pages: [1] 2 |
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Lease Deals $0 down?
I am totally new to the world of leasing. I currently own a 12 yr old car that I financed back in 1999. I am looking into new cars and since my daily commute is less than 20 miles I figured I could go for a lease. The deals you hear on TV $0 are they for real? If you do put money down on a lease what is considered a fair amount?
|
Posted 1/30/07 2:26 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
Kate07
Feel better my little guy!
Member since 5/05 4476 total posts
Name:
Kate
|
Re: Lease Deals $0 down?
My advice is to read the fine print in ads. It shsould tell you all the logistics on required deposits/bank fees/monthly payments and mileage allowance.
I lease a 2005 Nissan Altima which I put $2k down on for a 15k/yr lease and I have a monthly payment of $224/month for 39 months.
Message edited 1/30/2007 2:31:06 PM.
|
| Posted 1/30/07 2:29 PM |
| |
|
MrsMerlot
Unconditional Love
Member since 4/06 6005 total posts
Name:
Chrissy
|
Re: Lease Deals $0 down?
I've financed a car at $0 down, but you have to remember that it is based on your credit rating, how much you're willing to pay per month, and how long the term of the lease is.
Yes, it's totally legit - but make sure you go to a reputable dealer and find out how much you should be paying for the car - on edmunds.com,e tc.
|
| Posted 1/30/07 2:30 PM |
| |
|
munchkinbugs
My little loves!
Member since 1/06 8093 total posts
Name:
Lisa
|
Re: Lease Deals $0 down?
You don't want to put too much down because you're not buying.
I think $1000-1500 is a good down payment.
I think it depends on what you want to do. Are you going to buy it out at the end?? If so put more down. If not put less.
|
| Posted 1/30/07 2:31 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
It's so funny you say this. I just was looking in the paper for the deals. I SO WANT A NEW CAR! My car is a 94 that I bought in 99. It's time!!!!
I love the Mazda 6
I also was reading about the altima It looks like with about 3000. You can get it for 89.00 (there might be more fees that arent listed though they always screw ya )
|
| Posted 1/30/07 2:32 PM |
| |
|
MsMBV
:P
Member since 5/05 28602 total posts
Name:
Me
|
Re: Lease Deals $0 down?
Posted by ChrissynRicky
I've financed a car at $0 down, but you have to remember that it is based on your credit rating, how much you're willing to pay per month, and how long the term of the lease is.
Yes, it's totally legit - but make sure you go to a reputable dealer and find out how much you should be paying for the car - on edmunds.com,e tc.
Ditto.
For most leases every $1000 down equates to $20 - $30 less per month on the payment.
|
| Posted 1/30/07 2:32 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by Kate07
.
I lease a 2005 Nissan Altima which I put $2k down on for a 15k/yr lease and I have a monthly payment of $224/month for 39 months.
That sounds like a good deal to me. The Altima is one car that is on my list to check out.
|
| Posted 1/30/07 2:32 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by june262004
It's so funny you say this. I just was looking in the paper for the deals. I SO WANT A NEW CAR! My car is a 94 that I bought in 99. It's time!!!!
I love the Mazda 6
------------------------------------------------------
My car is a 95 so haha it is a year younger LOL. I was just on Mazda's website and they have this
$219/Month, 27-Month Lease, $2,219 due at lease signing, 27K miles
|
| Posted 1/30/07 2:35 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
|
| Posted 1/30/07 2:37 PM |
| |
|
Nicole728
My Happy Girl
Member since 7/06 8198 total posts
Name:
Me
|
Re: Lease Deals $0 down?
you can put $0 down on a lease but your payment will probably be higher...I've leased my last two cars and i put down $1500 both times.
|
| Posted 1/30/07 2:38 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by Nicole728
you can put $0 down on a lease but your payment will probably be higher...I've leased my last two cars and i put down $1500 both times.
$1500-2000 seems fair to me. The deals I see that say $3K or more down seem a little high. For that amount down I would finance.
|
| Posted 1/30/07 2:41 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by june262004
It seems really good and I heard the shorter the lease the better. I think it is the Sport model too. I might have to go check out soon!
|
| Posted 1/30/07 2:43 PM |
| |
|
curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
|
Re: Lease Deals $0 down?
I didn't put down anything on my lease and personally never will. I like my $$ in my pocket and don't mind paying the extra $$ monthly..
I got my Honda $0 down and pay $349/month.....
|
| Posted 1/30/07 2:44 PM |
| |
|
jellybean78
:)
Member since 8/06 13103 total posts
Name:
Mommy
|
Re: Lease Deals $0 down?
I've leased two cars with 0 down. IMO: Not worth it unless you plan on buying out the car at the end of the lease. I really regret it....although we don't use our cars to commute to work we went over the mileage and had to pay at the end of out pocket. Your payments will be higher and you are probably better off financing with some $$$ down. Of course it depends on your situation. If you like to stay with your cars for a while then purchase, if you like to switch up then lease. Read the fine print very very carefully. Alot of times the $0 down and only $299 a month is just a gimick to get you in. Depending on what car you are going to get, if you put $0 down your payments will be higher than $299 a month. Good Luck.
|
| Posted 1/30/07 2:45 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
Posted by curliegirl
I didn't put down anything on my lease and personally never will. I like my $$ in my pocket and don't mind paying the extra $$ monthly..
I got my Honda $0 down and pay $349/month.....
Your lease is 349 a month  That seams so hgh. My DH fincanced his car and it was 349 a month and he owns it now.
|
| Posted 1/30/07 2:45 PM |
| |
|
curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
|
Re: Lease Deals $0 down?
Posted by june262004
Posted by curliegirl
I didn't put down anything on my lease and personally never will. I like my $$ in my pocket and don't mind paying the extra $$ monthly..
I got my Honda $0 down and pay $349/month.....
Your lease is 349 a month That seams so hgh. My DH fincanced his car and it was 349 a month and he owns it now.
Yes I know, but I got the coupe with leather, V6 with Satellite Radio and a sunroof!
|
| Posted 1/30/07 2:49 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by curliegirl
Posted by june262004
Posted by curliegirl
I didn't put down anything on my lease and personally never will. I like my $$ in my pocket and don't mind paying the extra $$ monthly..
I got my Honda $0 down and pay $349/month.....
Your lease is 349 a month That seams so hgh. My DH fincanced his car and it was 349 a month and he owns it now.
Yes I know, but I got the coupe with leather, V6 with Satellite Radio and a sunroof!
And no money down that seems pretty good.
|
| Posted 1/30/07 2:50 PM |
| |
|
curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
|
Re: Lease Deals $0 down?
Posted by jacquig
I've leased two cars with 0 down. IMO: Not worth it unless you plan on buying out the car at the end of the lease. I really regret it....although we don't use our cars to commute to work we went over the mileage and had to pay at the end of out pocket. Your payments will be higher and you are probably better off financing with some $$$ down. Of course it depends on your situation. If you like to stay with your cars for a while then purchase, if you like to switch up then lease. Read the fine print very very carefully. Alot of times the $0 down and only $299 a month is just a gimick to get you in. Depending on what car you are going to get, if you put $0 down your payments will be higher than $299 a month. Good Luck.
NEVER buy-out a lease!!!! They jack the price back up to sticker price!!! Unless you really negotiate well, you're better off buying something else at the end.
You're right, leases aren't for everyone though.
|
| Posted 1/30/07 2:51 PM |
| |
|
curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
|
Re: Lease Deals $0 down?
Posted by metsgirlie
Posted by curliegirl
Posted by june262004
Posted by curliegirl
I didn't put down anything on my lease and personally never will. I like my $$ in my pocket and don't mind paying the extra $$ monthly..
I got my Honda $0 down and pay $349/month.....
Your lease is 349 a month That seams so hgh. My DH fincanced his car and it was 349 a month and he owns it now.
Yes I know, but I got the coupe with leather, V6 with Satellite Radio and a sunroof!
And no money down that seems pretty good.
I must say, my mother and I did really well with the negotiating....
I originally was supposed to get a 2003, and my mother was a warrior with them and after all was said and done, she said "make it a 2004 and you've got a deal!" The took it.
If you need someone to go with you, I can rent out my mom....I call her The Negotiator!!!
|
| Posted 1/30/07 2:53 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
WOW...
My dh has a Mazda MP3 special editon.Only made a 2500.... Only came in stick shift He had the sunroof put it.. Satelite radio and and MP3 player
|
| Posted 1/30/07 2:53 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
Posted by curliegirl
If you need someone to go with you, I can rent out my mom....I call her The Negotiator!!!
|
| Posted 1/30/07 2:54 PM |
| |
|
curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
|
Re: Lease Deals $0 down?
Posted by june262004
WOW...
My dh has a Mazda MP3 special editon.Only made a 2500.... Only came in stick shift He had the sunroof put it.. Satelite radio and and MP3 player
Mazdas and Hondas are very different, was year was it?
I noticed that Hondas are pretty pricey.
|
| Posted 1/30/07 2:55 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
|
| Posted 1/30/07 2:57 PM |
| |
|
june262004
But I love the Snow!
Member since 5/05 15379 total posts
Name:
Kristin
|
Re: Lease Deals $0 down?
Posted by curliegirl
Posted by june262004
WOW...
My dh has a Mazda MP3 special editon.Only made a 2500.... Only came in stick shift He had the sunroof put it.. Satelite radio and and MP3 player
Mazdas and Hondas are very different, was year was it?
I noticed that Hondas are pretty pricey.
So true... My car is a honda civic it's a 94 with no mileage and it's worth 3500.00
|
| Posted 1/30/07 2:57 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: Lease Deals $0 down?
Posted by june262004
Posted by curliegirl
Posted by june262004
WOW...
My dh has a Mazda MP3 special editon.Only made a 2500.... Only came in stick shift He had the sunroof put it.. Satelite radio and and MP3 player
Mazdas and Hondas are very different, was year was it?
I noticed that Hondas are pretty pricey.
So true... My car is a honda civic it's a 94 with no mileage and it's worth 3500.00
My car is your car's cousin. I have a 95 Acura Integra.
|
| Posted 1/30/07 3:04 PM |
| |
|
| Pages: [1] 2 |
