On 10/15/2013 8:40 AM, jmcquown wrote:

>>> I worked with a woman whose husband always leased their cars. I never
>>> could figure out why.
>>
>> You can lease a lot more car than you can afford to buy. Looks
>> good driving around in a pricey new car every few years.
>>
>> 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.
>>
>> nancy
>
> I'm going by the ads I see on television these days. 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. Of course these are
> ads for luxury cars, not the comfortable but utilitarian cars I buy.
>
> Jill

Leasing terms can vary and I've seen them with no money down and with
large down payments. I figure if I can put down $5000, I can buy and at
least end up with a hulk to scrap.

You can even rent tires now. You pay a lot of money in the end, but no
money down, no credit checks. Like the furniture rental places.