Leasing is something I've not considered in the past but the more I read about it the more it seems right for me now. But, I'm such a neophyte and will appreciate any info, esp. small print info, that might enlighten me!
So...here goes!
Do all dealerships offer both purchase and lease for any new car on the lot?
Can an old car be traded in on a car that will be leased?
Can one haggle over the price, just like a purchase?
Can optional equipment be added to the car or is a lease car "as is", meaning whatever is included is it?
Or...are these questions dealer specific?
It appears I'd want a closed end, 36 month lease. At this point in my life, a warranty has become important to me. My current car's mechanic and I were talking about how poorly the more current versions of my car are made (I have an older car from the good ol' days of that particular manufacturer!). He mentioned for someone like me, buying a new Kia, Hyundai (and the like) and trading it in for a new one as soon as warranty runs out is the way to go. All I could think of was...Ugh, the thought of buying a new car every few years is depressing and expensive. The monthly payments are killers even on subcompacts! Once I ran the numbers on how much my current car costs me on a monthly basis, factoring in gas, service, repairs, tires and insurance (I don't have a car payment)...well DANG...I can afford a car payment! But I want to keep it as low as possible. Leasing seems to offer that option. And I don't care anymore if I own the car or not. To turn the car in every 3 years for a new one with a new warranty is now appealing to me.
So...what am I missing?
So...here goes!
Do all dealerships offer both purchase and lease for any new car on the lot?
Can an old car be traded in on a car that will be leased?
Can one haggle over the price, just like a purchase?
Can optional equipment be added to the car or is a lease car "as is", meaning whatever is included is it?
Or...are these questions dealer specific?
It appears I'd want a closed end, 36 month lease. At this point in my life, a warranty has become important to me. My current car's mechanic and I were talking about how poorly the more current versions of my car are made (I have an older car from the good ol' days of that particular manufacturer!). He mentioned for someone like me, buying a new Kia, Hyundai (and the like) and trading it in for a new one as soon as warranty runs out is the way to go. All I could think of was...Ugh, the thought of buying a new car every few years is depressing and expensive. The monthly payments are killers even on subcompacts! Once I ran the numbers on how much my current car costs me on a monthly basis, factoring in gas, service, repairs, tires and insurance (I don't have a car payment)...well DANG...I can afford a car payment! But I want to keep it as low as possible. Leasing seems to offer that option. And I don't care anymore if I own the car or not. To turn the car in every 3 years for a new one with a new warranty is now appealing to me.
So...what am I missing?
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