dad wants to lease a car, help appreciated

5489

Platinum Member
Aug 12, 2001
2,163
0
0
he wants either a lexus or a bmw,

can someone tell me about leasing cars?
i dont know what im doing so any help is appreciated
 

Vette73

Lifer
Jul 5, 2000
21,503
9
0
DO NOT LEASE!!!!!! Unless you own a business and can write off some part of it.


Leases always sound good but crunch the numbers, they never work out in the long term. And don't get me started on to much milage, wear and tear, etc...

I am sure there are some former leasers that can tell you the +'s and -'s
 

xEDIT409

Banned
May 17, 2003
2,326
0
0
Originally posted by: Marlin1975
DO NOT LEASE!!!!!! Unless you own a business and can write off some part of it.


Leases always sound good but crunch the numbers, they never work out in the long term. And don't get me started on to much milage, wear and tear, etc...

I am sure there are some former leasers that can tell you the +'s and -'s

 

amnesiac

Lifer
Oct 13, 1999
15,781
1
71
Leasing is the best route if you can write it off for a business.

There's not many advantages otherwise. You end up paying a lot more.

If you have a lot of money and just want a different car every few years, go for it.