Leasing

[socalrb7]

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[Obvis07]

i tried that before trying to lease a used car before because i "thought" it would be a different price. but actually its the same. so you might just want to just lease a new car, because its like someone leasing a new one. then renewing their lease again asking for a lower price. so just do it. and plus warranty will still be good if you lease it with in its warranty time

[socalrb7]

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[Obvis07]

i know wat you mean. i had the same exact thought as you. its no different in pricing. maybe a little but not enough to make you wanna get a used car for a lease. but it is up to u. i was just telling you my experience and thoughts on it

[Alkemix]

well, actually price will be very different, no? You're talking a difference in base price of about $10k between the used and new car, if he gets the same options on the new car.

Your payments are directly related to base price (basically agreed upon sale price of the car), residual value and money factor (which is some bullshit term made up to disguise your real APR). Generally cars have residual values of something like 56% or something like that. So you would be taking the difference between your residual and your base price and spreading it out over your lease term. Thats the difference. Break out a calculator and get to it!