well i want a camaro and i dont want to finance one and then after 4 or 5 years waste all that money on it because i know ill want a newer vehicle, im currently 22 years old i live with my mom and only pay her 200 dollars a month for rent and all i have is a cell phone bill and 30 dollar student loan a month. everyone says financing is more worth it because you get to put as many miles on it as possible. Is leasing for a young person with a fast lifestyle?
Most Helpful Guy
Lease one from the dealership if you want to , but BEFORE you do ask them to give you a side by side comparison.
Before you walk in go ask for a quote from your bank if you take a loan from them how much would it be. (assuming you can't pay it outta the pocket)
Then walk into the dealership , ask them how much would it be if you lease it from them , get a total sum of it , not a month by month bullshit , a "so in the end how much is coming out of my pocket?" sum.
Then do your math and make a choice.
Personally I'm against any sort of loans or leasing for anything that's not ABSOLUTELY necessary. A car is among the list of things that in a tough spot you can do without.
You don't want to be financially tied down that early when you have nothing to fall back on.0