> Nick wrote: > But in most cases the lease gets you what 10k miles a year? >
It's usually 12 or 15, but, like everything else, it's negotiable. And it's almost never a better deal to buy if: 1.) You're keeping the car from 0-39 months, and 2.) There's a "deal" on ($299/mo for a NEW ACCORD!) The reason is simple: your payment is based on the portion of the car you use NOT on the whole car. And, as I said before, you decide up front what those terms are whereas when you buy you bear the risk (and costs) when you sell. What "deal" will be is a special "money factor" and "residual". These numbers will beat any interest rate you can get on a load AND your payment will only be on the car you use. For example, we just got my mom an SUV-type thing (Kia or Hyundai, I don't remember) and the leased interest rate worked out to be less than 1%. And we got 15K miles no cost with a 58% residual for 3 years. The payment is under $250 for a $30000 vehicle. In 3 years we turn it in and walk away. Not a bad deal for a 4 day rush job in my opinion. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Upgrade to Adobe ColdFusion MX7 Experience Flex 2 & MX7 integration & create powerful cross-platform RIAs http:http://ad.doubleclick.net/clk;56760587;14748456;a?http://www.adobe.com/products/coldfusion/flex2/?sdid=LVNU Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:227994 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
