Car leasing advice

[lsabina]

I've leased some of my cars over the years. It's not a bad idea for some people, but in my experience, the number 1 rule for me is: do not put any money down! Try to find a true sign and drive" lease. Why deplete your savings account? Use the car company's money to get you going, not yours. With that adhered to, if the monthly payment is a good deal, and as long as the lease term doesn't extend past the warranty, it's worth a look.

 

[invader3k]

Technically buying cash is a horrible idea- if you are a smart investor you can make much more money on using that cash than you'll save by not paying the interest on a loan.

Let's face it, most people aren't going to turn around and invest that payment in a good mutual fund or something. They'll just buy something else.

 

[Angus]

Yeah, I agree. And it's sad.

I'm hardly better, much to my dismay.