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You can do anything you want to a lease as long as the car comes back stock when you return it. I've put intakes/exhausts/wheels on some of mine.
NTers who lease their whips? Vol: new whip every 3 years
You can do anything you want to a lease as long as the car comes back stock when you return it. I've put intakes/exhausts/wheels on some of mine.
TipsyMcStagga
formerly kod843
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just don't go returning it looking like a Fast and Furious prop car
Only time rent beats out buying is if you stay there less than 5 years. You can deduct mortgage interest on a home and rent goes up every couple of years while your mortgage won't increase much besides for property tax and homeowners insurance.
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Word. You definitely don't want to forget to remove your side graphics and under carriage neon lights
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Yup you're good with tints and don't have to remove them upon lease return most of the time.
Credit definitely plays a role. Just really depends on the negative equity and the total amount financed.
In regards to rolling negative equity into a new car it's totally up to you. Generally I recommend if the negative equity is between $3000-$5000 I say don't do it and sell it outright yourself. Just depends on your monthly payment budget mostly
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Yup. You are just putting yourself in a whole. My buddy has 7 negative equity. Honda had some crazy incentives on crosstours. He got a credit of 6k for buying one and ended up doing 3k down. Big help, got himself out of the hole and got a killer price on a exl navi 2wd.
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Hole*. Sorry, iam on mobile.
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How important is credit history when leasing?
What do they check for as far as your report goes?
My history is clean, just a lot of student loans
Do they check your job, income, etc?
What do they check for as far as your report goes?
My history is clean, just a lot of student loans
Do they check your job, income, etc?
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of course they aren't just gonna let anyone with good credit take a whip
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Credit history is huge. Leasing is credit requirements are more strict than financing.
They definitely will ask your income, mortgage/rent amount, etc.
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Yeah I didn't buy a house when I planned on doing it 3 years ago.
If I would have bought the house I planned on buying I could sell it for 50k than I would have bought it for.
Even after closing taxes and all that gibberish I would have pocketed 20k cash at least and lived in a house the last 3 years instead of renting.
If you in North Texas and can afford it buy a house as fast as you can. Population growth isn't slowing down anytime soon.
I'm single with no kids and a decent income and I talked myself out of it.
I wanted to be able to take a job wherever and whenever so I thought the house bit would slow me down. Even if I rented it out I still would have been winning.
I typed all this to point out there are no hard and fast rules for leasing cars or buying homes.
Ironically enough if I would have been leasing my last 2 cars and bought a house I would have had more disposable income and an appreciating asset.
Right now I don't have either
If I would have bought the house I planned on buying I could sell it for 50k than I would have bought it for.
Even after closing taxes and all that gibberish I would have pocketed 20k cash at least and lived in a house the last 3 years instead of renting.
If you in North Texas and can afford it buy a house as fast as you can. Population growth isn't slowing down anytime soon.
I'm single with no kids and a decent income and I talked myself out of it.
I wanted to be able to take a job wherever and whenever so I thought the house bit would slow me down. Even if I rented it out I still would have been winning.
I typed all this to point out there are no hard and fast rules for leasing cars or buying homes.
Ironically enough if I would have been leasing my last 2 cars and bought a house I would have had more disposable income and an appreciating asset.
Right now I don't have either
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You prolly thinking about leasing Toyotas and Hondas though. Those are reliable cars that you'd keep.
I'd always lease over buying it. Matter of fact, if Tesla offered leasing I would've taken that route immediately instead of paying in cash.
With a good credit history you can get low rates. That whey you still have money in the bank and don't lose out on $1xx,xxx dollars.
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Carmax is your friend. They buy cars left and right and sometimes you make money on the deal. Look into them.
In fact, I recommend anyone to go to carmax if they are over mileage, have cosmetic damage, or are looking to get out of their lease. I've done this for 3-4 cars and I always break even or come out ahead $1,000-$2000.
Tints are okay. Anything else is a no go. Dealers turn around and sell lease returns as used cars, so tints are a plus for some buyers. As long as the tints are legal for your state, you should not worry about removing them before returning your car.
I've purchased and leased. For me lease is the way to go. In fact, working on a lease right now.
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Who in here has been driving the same car for 8 years+ or plan on driving their current whip til the wheels fall off?
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Leasing is the most expensive way to pay for a motor vehicle and I would say most Americans don t have extra money to bkow
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That's why i strongly advise people to not trade-in a car that they still owe money on
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air spider 777
Supporter
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You can throw tints.
I tinted all of my leases and left it on when I turned it in.
I went a little crazy with my 07 5.7 Jeep and did a CAI, exhaust, tune, catch can. Had to take all that **** off and sell it on the forums. lol
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gotta disagree here. grass is always greener.
there are a lot of unexpected costs involved in owning. maintenance can be a pain in the butt. when i was renting, if anything happened i just called the landlord and they would come in and take care of it easy peasy. now if something breaks its on me. my place isnt even that old (built in 2002) and i am constantly finding stuff that i have to deal with. as far as the tax benefit goes, everyone situation is different. sure the mortgage interest is a deduction, but in some cases it might not offset the extra costs. My property tax is almost $10K a year. I'm not saving $10K a year in mortgage interest deductions.
I'll agree to disagree.
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Dodge doing one year leases now, might be a dope extended test drive if the hellcat is a part of that.
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I prefer buying. I'd rather have more money and less car. I have zero problem driving my '06 Sonata, which has been paid off since 2010. I'll whip it for a few more years for sure. Only has 83k on it. Since it's been paid off I've kept paying that old monthly note into an investment which I'll use to buy my new whip in cash, when that time comes.
I will say... I get to drive nice cars when I'm on the road for work due to my National Club status, and it is a lot more fun than my Sonata. I usually grab the new Genesis, MKS, maybe a souped up Taurus or a Caddy CTS. Joints are dope.
I will say... I get to drive nice cars when I'm on the road for work due to my National Club status, and it is a lot more fun than my Sonata. I usually grab the new Genesis, MKS, maybe a souped up Taurus or a Caddy CTS. Joints are dope.
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But from 2006-2010 a person that lease has more money, so how did you conclude you have more money ?
It would probably take me two leases to = the cost of buying a new whip
I could lease a whip and cop a daily driver with all the money I was saving to buy a car
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What are some good spacious luxury coupes? The 4 series? A5?
