Lease / Finance?

1711 Views 9 Replies 9 Participants Last post by Homer, Nov 1, 2001

Z32

Discussion Starter · Oct 31, 2001

I am struggling b/w leasing / financing. I basically will keep the vehicle for around 4 years. If I lease, I simply just pay per month and when the 48 month is reach, I just have to return the vehicle. Again, I always have to option to purchase..which I don't think I will, but want to keep this option open, just in case I love the vehicle. If I finance, I will do a 60 month finance, but most likely will sell the vehicle after 4/5 years (maybe b4 the 60 month finance period ends). I am a newbrie in this lease and finance terms. So I don't know the pros and cons. Can some of u give me some suggestion as to which one will cost me less?

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Jerry O1

· #2 · Oct 31, 2001

I think the best advice to do with leasing is BE CAREFUL! Read the FINE print very carefully and know what you're getting into. Unless you have some special circumstances, such as using the vehicle in business, I think that, in most cases, a lease is a good thing to avoid. It sounds so easy, just make the payments and give the car back when the lease is over, BUT! Many folks find surprises they did not expect when the "party" is over. Just thinkin'......

Jerry O.

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2001 Odyssey GG LX

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