As referenced in this thread, I'm in the process of looking for a new car.
I think I've decided to lease as opposed to finance.
Here's my dilemma:
My brother just leased a new car even though he had two months left on his current lease (he needed a convertible, impatient i guess
). His old lease is on a 2000 Nissan Maxima and he's looking for me to take the car for the remainder of his lease for $600 ( $300/month for you math whizzes
). I'm really considering doing this, then buying my much wanted convertible on July 6th instead of now. This is what I see as the Pros/Cons:
Pros
- Hassle-free, cheaper payments for a nice car
- Gives me time to sell my current car and get more money to afford a brand new lease
- Haves me buying a convertible mid-summer as opposed to beginning of summer, so i can probably save money
Cons
- Forces me to learn how to drive stick (since it's a manual... duh)
- It only has a sunroof, not a convertible (which i really want)
- It's not saving me that much money compared to a new lease, since it's still $300/month
Should I do it, or just lease a new car now?
I think I've decided to lease as opposed to finance.
Here's my dilemma:
My brother just leased a new car even though he had two months left on his current lease (he needed a convertible, impatient i guess
Pros
- Hassle-free, cheaper payments for a nice car
- Gives me time to sell my current car and get more money to afford a brand new lease
- Haves me buying a convertible mid-summer as opposed to beginning of summer, so i can probably save money
Cons
- Forces me to learn how to drive stick (since it's a manual... duh)
- It only has a sunroof, not a convertible (which i really want)
- It's not saving me that much money compared to a new lease, since it's still $300/month
Should I do it, or just lease a new car now?
