How lease works? How much around would it cost me to lease a car. FIRST CAR?
I'm a youngster fresh out of university into my second year of a good full time job. I'm a bit confused about leasing. Honda claims to charge 45 weekly on an ad for a civic, but this seems way to cheap to be true. What is the catch/extra cost on a lease?
P.S I'm also weighing the option of buying a used car, but don't want to risk repair costs.
The extra cost is mandatory insurance and a cap limit on how many miles you can drive. Plus you have to get all maintenance done at their dealership. All in all leasing comes out to be almost as much as buying and making payments but without the risk and the credit approval.
If you decide buying used, (better option imo) go for Japanese and get it inspected by a licensed mechanic before you sign anything. If you buy used go for 40000, 50000 miles for minimal risk on repairs. Don't buy salvaged title because those are hard to resell.
Only $6.43 per day! But that is $193 per month, with money due at signing, limited miles, and you have to turn in a nearly pristine vehicle at the end of the lease period to avoid paying more for a car you are giving away.
Leasing is for people with very good established credit, you likely won't qualify and that's good because its a rip off.
- What would you do if a lady around 30-37 told you that you were useless and would never amount to anything? She's a well dressed white lady with a brand new Honda SUV and she has a daughter that looks about 12 that is also well dressed and the girl is being rude and both are being very rude to the guy at the counter at Subway. Would it be wrong to curse out the old witch who tried to start a fight and cursed out the subway worker and you?
- About how much would it cost to repair the front bumper on my car? The right side of the bumper on my 2003 Honda Pilot was hit today and it's a bit dented in along with what appears to be scratches perhaps. Like, they're these streaks of white paint on them that I think might also be scratches. Would I have to replace the entire bumper or can that be fixed by itself?
- Bought a car leased. After driving it around I do not like it. Would I lose a lot of money? Details below? Got Honda CRV about market price. However, also got a long term loan with extended warranty. Assuming I trade it back in a month later after I got it would I lose money in the warranty and trade down value?
- Is it ok to lease one care return it then go to another dealership to lease another car? My lease on my Honda Civic is over in one year. I want to lease a Chevy Cruze next. Does this happen often?