Hi! So I’m currently trying to find a car. My credit is good, currently saving for the down payment, it’s okay. But the situation is tough. The dealership I went to said if I put 2,000 down, then I would be able to lease a car at $200 or under (for the newer models, which range from $20,000-$21,000). But I was looking around for auto loans and using different calculators, and it seems as though if I get the loan and put the same money down, it’ll be at least a $200 car payment (on a $15,000 auto loan, and for a 2017 model. But it’s a Honda Civic and I heard Honda civics last very long and are really good reliable cars) The only difference between the two would be I wouldn’t have to worry about miles on the lease and the car would actually end up being mine in the end of the auto loan option. At this point, I’m not really sure if leasing a car would be worth it. I’d be putting in the same investment in a car that wouldn’t really be mines. So is it best to just go with the auto loan?
Submitted October 19, 2020 at 09:36PM by kieralien https://ift.tt/2ILWo4S
