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Old 05-14-2006, 03:33 AM
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Join Date: Mar 2006
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Default Would it be better to lease a car twice for 3 years each, or to just buy....?

not worried about the limit of how many miles you can drive, just wanting to know when you crunch the numbers and $20,000 car with $250 monthly payments for a lease including insurance, whats cheaper just leasing it twice or flat out buying it. keep in mind the limited miles is not a factor.its a mazda 6 , and there so post to keep like 60% or more of there residual value.
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Old 05-23-2006, 04:30 PM
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Default Would it be better to lease a car twice for 3 years each, or to just buy....?

There are a few factors that you need to look at. There are quite a few $20,000 cars out there. Each of these will have a different residual value, or how well they hold their value. Also, are you going to be getting a new vehicle every three years, or do you plan on keeping the first. If you plan on keeping the first car, at the end of the three years you usually have three options: Turn the car in, purchase the car, or sell the car yourself and pay of what is owed and keeping anything extra you may have made on the sale. The way your question reads, I don't know anyplace that will let you lease the same car twice for 3 years each. I would suggest you sit down with your salesman and have him crunch the numbers for you. Once again if you plan on trading cars every three years, then the lease is a great way to go. Otherwise you really need to look at how long you plan on keeping the car and what would suite your needs the best. Your local dealership should be able to help you answer these questions.
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Old 06-02-2006, 05:28 AM
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Default Would it be better to lease a car twice for 3 years each, or to just buy....?

if you do the math you will be paying out $18m on the lease and have nothing at the end of 72 months. Also when you lease a used car (2nd 3yr. lease) your payments may actually go up due to higher interest rate, value of car, etc. If purchased you may be paying a little more/month, but at least you will own the vehicle and have something to sell or trade at the end of the loan.
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Old 06-11-2006, 06:25 PM
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Default Would it be better to lease a car twice for 3 years each, or to just buy....?

If your gonna lease the same exact car twice buying it is the smarter choice.
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