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Don't believe all of the negative remarks surrounding leasing. Many of these opinions are formed based on the idea that Nissan will still "own" the vehicle. Why lease a car

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Old 02-07-2012, 07:46 AM   #1 (permalink)
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Don't believe all of the negative remarks surrounding leasing. Many of these opinions are formed based on the idea that Nissan will still "own" the vehicle. Why lease a car when you can lease money? Not much pride-retention (or value) in getting a loan either if you ask me. Unless you pay it in full with cash, it will either belong to Nissan or the bank. Pick your debt inducing poison. Good credit and negotiation skills are essential. So is having fun.

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Old 02-07-2012, 09:45 AM   #2 (permalink)
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Originally Posted by mantella87 View Post
Don't believe all of the negative remarks surrounding leasing. Many of these opinions are formed based on the idea that Nissan will still "own" the vehicle. Why lease a car when you can lease money? Not much pride-retention (or value) in getting a loan either if you ask me. Unless you pay it in full with cash, it will either belong to Nissan or the bank. Pick your debt inducing poison. Good credit and negotiation skills are essential. So is having fun.
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Old 02-07-2012, 11:04 AM   #3 (permalink)
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bottom line is the dealer makes about $10K off a lease over the 39 months, if you buy the car for 0% or very low finacing loan interest isn't that much.

The key is thing is buying the car for 39 months yourself loan or cash, then sell it off the way the dealer would and you can pocket the profit the dealer would have mad.

The problem with leasing a car is that when it is returned at the end of the lease, it will be thoroughly inspected for every little ding, nick, glass chip, scratch, stain, worn, tires, brakes, belts, clutches, or defective item they can hit you up with, everything that the bumper to bumper waranty won't cover. Depending on the dealer these extra costs can be very high, and the dealer will actualy do nothing to the car except, oil change, and detail in most cases to resell it.

Get a detailed copy of the actual lease agreement you will be signing and read the fine print, most ppl that lease a car one time will never do it again.

Also forget about leasing a car and beating it for 39 months and walking away, it simply doesn't work like that. At the start of the lease they hand you off a brand new perfect car and you sign off on it. So if you think you can trash it for 39 months and bring it back , then think again.

Leasing a brand new car is not the same as trashing a 10-20k rental car that other ppl have driven. If for example you rented a car that had 10k on it and destroyed the engine and tranny, you could argue in a court of law that the damage was done by previous renters, while leasing a new car with 1-10 miles on it , only shows that you are the primary or only driver responsible for the damage.
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