On 10/15/2013 8:40 AM, jmcquown wrote:
> On 10/15/2013 8:02 AM, Nancy Young wrote:

>> When we leased a car, there was no down payment, aside from maybe
>> a few hundred dollars in fees or something. I really don't remember
>> the details, but I promise not thousands of dollars down.

> I'm going by the ads I see on television these days.

Definitely. I was clarifying that I leased with no money down,
otherwise what would be the point, we were conserving cash for a
house down payment.

>The small print
> says something like *$5000* down. If I'm going to give them $5000 I may
> as well just put that towards buying/owning a car.

I agree. You have to do the math with the payments and the down
payment to see how much it will cost you over the life of the lease.
Sometimes the large down payment comes with small monthly payments.

> Of course these are
> ads for luxury cars, not the comfortable but utilitarian cars I buy.

You are definitely not a lease candidate. Heh. And good for you.

nancy