ponjohn
Feb 3 2004, 10:32 AM
Now adays with 0% financing what are the pros and cons of lease vs buy?
Can you lease certifed used vehicles?
Thanks-
John
Megahurtzzz
Feb 3 2004, 10:51 AM
Depending on the lease, the biggest problem is the mileage limits. If you plan on turning the vehicle in at the end of the lease these limits can come back to haunt you.
MarvBear
Feb 4 2004, 12:31 PM
Purchasing the car is usually more advantageous when the mfg is offering 0% thru their captive finance source.
If you do decide to lease under NO CIRCUMSTANCES sign a lease contract in excess of 36 months, preferrably 24 months.
If your credit scores are good enough to lease then you might consider using a bank with a very low apr, and take the cash amouth of the rebate and apply as downpayment rather than the 0% offered by the mfg. You will likely come out ahead on a purchase this way.
Hope this helps.
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