Originally Posted By: SatinSilver
Originally Posted By: CKN
That's a good lease. But if you consider your down payment ($800.00) prorated by $24.00/months that puts your lease at $280.00/month. So-I wasn't far off.
It probably wasn't a down payment. Just fees due at signing for tax, title and license. I had a friend that leased a Cobalt for $160/mo and the fees at signing were around $600. Then just bought it at the lease end. Actually he financed the buyout and his new payments on the loan this time were $160. I guess the liked the low car payments.
It really doesn't matter what's it's called. It's the cost for you to drive the vehicle for the allotted time within the allotted miles. The money for tax, title and whatever is still an expensive for you to drive....isn't it?
Originally Posted By: CKN
That's a good lease. But if you consider your down payment ($800.00) prorated by $24.00/months that puts your lease at $280.00/month. So-I wasn't far off.
It probably wasn't a down payment. Just fees due at signing for tax, title and license. I had a friend that leased a Cobalt for $160/mo and the fees at signing were around $600. Then just bought it at the lease end. Actually he financed the buyout and his new payments on the loan this time were $160. I guess the liked the low car payments.
It really doesn't matter what's it's called. It's the cost for you to drive the vehicle for the allotted time within the allotted miles. The money for tax, title and whatever is still an expensive for you to drive....isn't it?
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