anyone have any good tip for leasing a car?

Discussion in 'The Bar' started by ice cream, Mar 23, 2014.

  1. ice cream

    ice cream Well-Known Member

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    my dad is getting up there and leasing makes the most sense
    he wants me to go with him but i've never leased

    he most likely wants a new toyota but i reccomend a vw passat
    either way any advice to avoid getting raped :dontknow:
     
  2. jdwhatever

    jdwhatever Fesh Gold

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    splashwut
     
  3. jdwhatever

    jdwhatever Fesh Gold

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    Leasing is a bad idea. Buy it.
     
  4. Scott

    Scott Masshole Staff Member

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    Stripes is going to be pissed when he sees this.
     
  5. ice cream

    ice cream Well-Known Member

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    my dad will be driving 4 or 5 more years and doesnt want to pull out 25k and raped on taxes later
     
  6. ice cream

    ice cream Well-Known Member

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    where's mopey?
     
  7. SEGA

    SEGA Permanent Vacation VIP

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    Never leased a car before, but my mom had a white VDUB Passat 02 model i think.....thing was a nightmare, things just broke every month. :nooo:

    Stick with a Toyota, they just keep on going........going.......going......going.....going.....etc.........................................going.....
     
  8. Mlaw

    Mlaw Quite Contrarian Gold

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    then finance for 5 years, interest rates are low enough not to make much difference, but leasing unless you can take the payment and expenses as a deduction is as bad a financial decision as "borrowing" from a 401K
     
    Last edited: Mar 23, 2014
  9. ice cream

    ice cream Well-Known Member

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    thats definately a :idea:
     
  10. jdwhatever

    jdwhatever Fesh Gold

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    I already said this. In not so many words.
     
  11. jdwhatever

    jdwhatever Fesh Gold

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    Leasing is a scam.
     
  12. Mlaw

    Mlaw Quite Contrarian Gold

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    If you lease despite the advice this is what you do

    price the car on Edmunds.com as if you were are going to pay cash

    go to the dealership, negotiate the best price for the car

    do not put any money down

    do not use a trade in

    add any upgrades to the lease price--no not pay for them upfront, unless they are upgrades you can take with you (remote starts, radios, cargo holders etc)

    pay your excise tax outside of the lease if you can

    If you can do 10,000 miles per year, do it

    :hat:
     
  13. deverrant

    deverrant VIP Extreme Gold

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    I agree with this. And then when he stops driving he can pass it down or sell it.
     
  14. Just Peachy

    Just Peachy VIP Extreme Gold

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    Schmoopy's got Cadillac style. Ask him.
     
  15. ice cream

    ice cream Well-Known Member

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    think in 99 the new make and model passat came out and i bought one,i loved it,it was as nice as a bmw

    but they couldnt leave well enough alone.
     
  16. Mlaw

    Mlaw Quite Contrarian Gold

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    hey Dev, I had a crazy dream about you, I can't remember exactly what it was, but it was something on the idea that there was this viral video going around the internet of a sexy tattooed woman---I knew it was you, but no one would believe me
     
  17. ice cream

    ice cream Well-Known Member

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    he has a 2007 toyota worth about 5k.why not trade it in?
    are leases usually 10k miles a year or could he get 15k
     
  18. DarkFriday

    DarkFriday Fired as a MOD...Twice. Gold

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    :winner:
     
  19. jdwhatever

    jdwhatever Fesh Gold

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    If it's worth 5k sell it for 5k. Trade in will get you about 800 bucks.
     
  20. Capn Crud

    Capn Crud The Pride of Cucamonga VIP Gold

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    Do you still have to put premium in the Pasaat?

    That was a deal breaker for my wife in 2004. Bought an Accord that was never in the shop except for oil, tires, and brakes over 200K miles.