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When did car leases get so EXPENSIVE????????

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curliegirl
He's here!!!!

Member since 3/06

10128 total posts

Name:
Gina

When did car leases get so EXPENSIVE????????

I'm trying to find a good-sized sedan and I'm having the hardest time.
Everything is over $400/month! I might as well buy something.

Anyone get a good deal recently??????

Message edited 5/24/2010 5:04:43 PM.

Posted 5/24/10 3:26 PM
 
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BlueDiamonds
mommy to 3 boys

Member since 2/07

3885 total posts

Name:
proud mommy

Re: When did care leases get so EXPENSIVE????????

we just leased the maxima and got a good deal.

Posted 5/24/10 3:30 PM
 

SusiBee
. . . . .

Member since 3/09

8268 total posts

Name:
S

Re: When did care leases get so EXPENSIVE????????

Since the economy collapsed in 2008.

Nauseating, isn't it.

DH and I will most likely buy his next car instead of leasing. Too much money down is required to get any kind of a good lease deal, and I'd rather have that money go towards equity.

Posted 5/24/10 3:30 PM
 

BriBri2u
L'amore vince sempre

Member since 5/05

9320 total posts

Name:
Mrs. B

Re: When did care leases get so EXPENSIVE????????

Posted by SusiBee

Since the economy collapsed in 2008.

Nauseating, isn't it.

DH and I will most likely buy his next car instead of leasing. Too much money down is required to get any kind of a good lease deal, and I'd rather have that money go towards equity.



We ended up financing our current SUV in 2009 because the leasing options were astronomical. Our curent truck would have cost us nearly $700 a month with $$ down if we went with a lease.





Posted 5/24/10 3:52 PM
 

annoyedTTCer
LIF Adult

Member since 4/09

3272 total posts

Name:

Re: When did care leases get so EXPENSIVE????????

Posted by curliegirl

I'm trying to find a good-sized sedan and I'm having the hardest time.
Everything is over $400/month!

Anyone get a good deal recently??????



Leases were adjusted to reflect dimished resale values

Dealers were getting swamped with returns that only sold at auction so they had to up their rates. Blows big time

Posted 5/24/10 3:54 PM
 

curliegirl
He's here!!!!

Member since 3/06

10128 total posts

Name:
Gina

Re: When did care leases get so EXPENSIVE????????

Posted by SusiBee

Since the economy collapsed in 2008.

Nauseating, isn't it.

DH and I will most likely buy his next car instead of leasing. Too much money down is required to get any kind of a good lease deal, and I'd rather have that money go towards equity.



I was contemplating a finance sin leasing is almost the same $$$$.

I refuse to put any $ down on a lease so the payments are nasty. Why would I put $ down on a lease??????? And the salepeople look at ME like I have 10 heads.....

Posted 5/24/10 4:12 PM
 

SusiBee
. . . . .

Member since 3/09

8268 total posts

Name:
S

Re: When did care leases get so EXPENSIVE????????

Posted by curliegirl

Posted by SusiBee

Since the economy collapsed in 2008.

Nauseating, isn't it.

DH and I will most likely buy his next car instead of leasing. Too much money down is required to get any kind of a good lease deal, and I'd rather have that money go towards equity.



I was contemplating a finance sin leasing is almost the same $$$$.

I refuse to put any $ down on a lease so the payments are nasty. Why would I put $ down on a lease??????? And the salepeople look at ME like I have 10 heads.....



I totally agree - put down $4k on a lease - no freakin way. That's towards equity.

GMC is offering 0% on some of its models including the Acadia, Ford was at 1.9% for the Explorer.
DH's lease isn't up until October, but we are starting to look at what is out there, either a crossover or a smaller SUV.

Posted 5/24/10 4:16 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: When did care leases get so EXPENSIVE????????

volkswagon is offering great leases now.

Posted 5/24/10 4:27 PM
 

KittyGags
LIF Adult

Member since 7/09

5614 total posts

Name:

Re: When did care leases get so EXPENSIVE????????

We leased a Mazda at a decent rate, but I don't know if they have any full size sedans

Posted 5/24/10 4:29 PM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: When did care leases get so EXPENSIVE????????

Posted by KittyGags

We leased a Mazda at a decent rate, but I don't know if they have any full size sedans



Same here, we leased a mazda 3 hatchback a few months ago and got a GREAT deal.

Posted 5/24/10 4:33 PM
 

Jessah
I love my dogs :)

Member since 2/08

1344 total posts

Name:
Jess

Re: When did care leases get so EXPENSIVE????????

I just leased the nissan rogue and pay under 300 per month with nothing down nothing at the end Chat Icon I love it!!

Posted 5/24/10 4:46 PM
 

Mrs-D-Girl
Love my fur baby

Member since 8/07

5183 total posts

Name:

Re: When did care leases get so EXPENSIVE????????

It is crazy, I got a fully loaded Maxima in April for $340 a month with $$ down. I thought that was a good deal compared to what I looked at out there.

Posted 5/24/10 4:52 PM
 

curliegirl
He's here!!!!

Member since 3/06

10128 total posts

Name:
Gina

Re: When did car leases get so EXPENSIVE????????

Posted by TeamBurns

I just leased the nissan rogue and pay under 300 per month with nothing down nothing at the end Chat Icon I love it!!



I plan on looking at the Rogue if I go the crossover route.....thanks!

Posted 5/24/10 5:04 PM
 

piggy007
Mommy of 2!!

Member since 11/08

1742 total posts

Name:

Re: When did car leases get so EXPENSIVE????????

I think the Honda Accord has a pretty good lease

Posted 5/24/10 5:12 PM
 

JJN4
LIF Adult

Member since 5/09

1109 total posts

Name:

Re: When did car leases get so EXPENSIVE????????

Posted by piggy007

I think the Honda Accord has a pretty good lease



They definitely do. We leased an Accord EXL about a month ago and our payments are just under $300. We paid the taxes up front (about $1000) and Honda made the 1st months payment.

Posted 5/24/10 5:37 PM
 

mommy2bella
Where does time go?

Member since 12/05

9747 total posts

Name:
Kelly

Re: When did car leases get so EXPENSIVE????????

we leased a Camry last April.

215 a month, 2K down for 36 months with 15K a year

This was obviously BEFORE the recall, but I love Toyota. We leased the 2006 as well and bought at the end of our lease...we saved 2K this way and our payments were 207 a month.

Posted 5/24/10 5:52 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: When did car leases get so EXPENSIVE????????

Posted by annoyedTTCer

Posted by curliegirl

I'm trying to find a good-sized sedan and I'm having the hardest time.
Everything is over $400/month!

Anyone get a good deal recently??????



Leases were adjusted to reflect dimished resale values

Dealers were getting swamped with returns that only sold at auction so they had to up their rates. Blows big time





This.

It doesn't help that there is still this stigma that "buying used is bad because maintenance will exceed the cost of a new car payment".

So there is lots of used inventory.

Posted 5/24/10 7:06 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: When did car leases get so EXPENSIVE????????

For this reason we are considering certified pre-owned.

Maybe Acura, Audi or BMW.

Posted 5/27/10 8:55 AM
 

JenMarie
One day at a time

Member since 11/07

7397 total posts

Name:
Jennifer

Re: When did car leases get so EXPENSIVE????????

Posted by Blu-ize

For this reason we are considering certified pre-owned.

Maybe Acura, Audi or BMW.



My lease is up next year and this is exactly what I think we're going to do. We bought DHs car CPE and it was a great experience.

Posted 5/27/10 9:25 AM
 
 

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