what would a cheap car cost to lease (approx)

CasioTech

Diamond Member
Oct 1, 2000
7,145
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scion xB
toyota Corolla
honda Civic
Ford Focus
VW Gulf




just a crappy car that would get me from point a to b. ZERO down, excellent credit.




No one gives quotes over the net, I contacted some dealers on the internet and they don't call.
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
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If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.
 

MikeMike

Lifer
Feb 6, 2000
45,885
66
91
Originally posted by: Mermaidman
If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.

yea, dont try and lease a VW Phaeton, its like 1500 a month.
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
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Originally posted by: CasioTech
Originally posted by: Mermaidman
If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.




whozajiggawhut?!
Well, this is highly simplified, but when you lease, you're really paying for the depreciation of a car, among other things. So if the residual value is higher, there's less depreciation. Of course, there are many other things hidden in a lease, so please be careful not to get ripped off!
 

stash

Diamond Member
Jun 22, 2000
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Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
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Originally posted by: Mermaidman
Originally posted by: CasioTech
Originally posted by: Mermaidman
If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.




whozajiggawhut?!
Well, this is highly simplified, but when you lease, you're really paying for the depreciation of a car, among other things. So if the residual value is higher, there's less depreciation. Of course, there are many other things hidden in a lease, so please be careful not to get ripped off!




So I guess it's best not to lease an american car?
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
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Originally posted by: STaSh
Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.




I see! So going in, I should try to get the invoice price?
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
91
Originally posted by: STaSh
Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.

^He speaks the truth!

More sources of info:
http://clarkhoward.com/shownotes/category/5/28/
http://www.carbuyingtips.com/lease.htm
 
Jan 31, 2002
40,819
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Originally posted by: CasioTech
Originally posted by: Mermaidman
Originally posted by: CasioTech
Originally posted by: Mermaidman
If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.




whozajiggawhut?!
Well, this is highly simplified, but when you lease, you're really paying for the depreciation of a car, among other things. So if the residual value is higher, there's less depreciation. Of course, there are many other things hidden in a lease, so please be careful not to get ripped off!




So I guess it's best not to lease an american car?

Never mind. Just go lease something. Don't even bother negotiating, the dealer will give you the best price without even asking. Sign the papers as soon as you get them, because they get more and more expensive the longer they're exposed to air without ink to seal the commissionatic fibers.

- M4H
 

Mermaidman

Diamond Member
Sep 4, 2003
7,987
93
91
Originally posted by: CasioTech
Originally posted by: STaSh
Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.




I see! So going in, I should try to get the invoice price?

OK, no offence, but you sound completely inexperienced in car-buying. Please take a friend or relative who is good at it or you might as well bend over and grab your ankles.
 
Jan 31, 2002
40,819
2
0
Originally posted by: Mermaidman
Originally posted by: CasioTech
Originally posted by: STaSh
Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.




I see! So going in, I should try to get the invoice price?

OK, no offence, but you sound completely inexperienced in car-buying. Please take a friend or relative who is good at it or you might as well bend over and grab your ankles.

And make sure to negotiate on monthly payments, since that's what your focus is. Don't let them fool you with fancy talk about lump sums, invoice pricing, residual payments, or amortization rates.

- M4H
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: MercenaryForHire
Originally posted by: CasioTech
Originally posted by: Mermaidman
Originally posted by: CasioTech
Originally posted by: Mermaidman
If you absolutely want to lease, a car with high residual value is a better 'deal,' all else being equal.




whozajiggawhut?!
Well, this is highly simplified, but when you lease, you're really paying for the depreciation of a car, among other things. So if the residual value is higher, there's less depreciation. Of course, there are many other things hidden in a lease, so please be careful not to get ripped off!




So I guess it's best not to lease an american car?

Never mind. Just go lease something. Don't even bother negotiating, the dealer will give you the best price without even asking. Sign the papers as soon as you get them, because they get more and more expensive the longer they're exposed to air without ink to seal the commissionatic fibers.

- M4H




you just can't resist posting crap in my threads, can you? Love Casiotech much?
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: Mermaidman
Originally posted by: CasioTech
Originally posted by: STaSh
Buying and leasing a car are very similar. The MOST important thing to consider, in both cases, is the selling price of the car. You negotiate the selling price when you lease, just as you would if you were buying. If you go into a dealership asking about monthly payments rather than selling price, you will get screwed.




I see! So going in, I should try to get the invoice price?

OK, no offence, but you sound completely inexperienced in car-buying. Please take a friend or relative who is good at it or you might as well bend over and grab your ankles.




no I've bought plenty of cars with family members, I get the invoice on all of them.
 

AgaBoogaBoo

Lifer
Feb 16, 2003
26,108
5
81
If no one gave you quotes online why didn't you just go into a dealership and talk to a salesman? :confused:
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
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Originally posted by: AgaBoogaBoo
If no one gave you quotes online why didn't you just go into a dealership and talk to a salesman? :confused:




i'm gonna go, but I just want to know what to expect.
 

theknight571

Platinum Member
Mar 23, 2001
2,896
2
81
Expect to be pushed around, lied to, and treated poorly. (Free coffee doesn't cut it)

Be prepared to say No... and be willing to walk out. I've done it many times. Sometimes they'll see it your way... sometimes not.

Also... do your homework... know what the car should cost (approx) and check banks/credit unions for going rates on car loans.... dealer isn't always the best way to go for a loan.

Don't let them drive the deal, and don't let them sell you something you don't need.

Read the contract carefully... they like to throw things in like "Scotch Gaurding" etc. without telling you.

I learned the hard way.. so do your homework and you'll get a better deal.

- TK

Edit... I realize you said lease... should still apply. :) I drive too much to lease so I've never been though that.... just purchases.
 

CasioTech

Diamond Member
Oct 1, 2000
7,145
9
0
Originally posted by: theknight571
Expect to be pushed around, lied to, and treated poorly. (Free coffee doesn't cut it)

Be prepared to say No... and be willing to walk out. I've done it many times. Sometimes they'll see it your way... sometimes not.

Also... do your homework... know what the car should cost (approx) and check banks/credit unions for going rates on car loans.... dealer isn't always the best way to go for a loan.

Don't let them drive the deal, and don't let them sell you something you don't need.

Read the contract carefully... they like to throw things in like "Scotch Gaurding" etc. without telling you.

I learned the hard way.. so do your homework and you'll get a better deal.

- TK

Edit... I realize you said lease... should still apply. :) I drive too much to lease so I've never been though that.... just purchases.




I heard go at the end of the month, they are desperate to meet quota, but with my $5250 braces, I may hold off now on a lease..