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Old Jul 15, 2006 | 09:43 PM
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Default Would you lease if....

you didnt own a business?

I got a sweet offer on a brand new S2K lease and wondered what would you people do. The deal would be as follows:

$4000 down and $230 a month.

What do you think?
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Old Jul 15, 2006 | 10:55 PM
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Leasing has many advantages for the right buyer.

Never put ANY $$$$$ down when you lease is Rule #1, including the taxes..............Reason being is if the car is stolen or totaled, that money is lost.

IMO if u drive less than 15k miles/yr, take reasonable care of your car, and DO NOT plan to keep the car over 5 years then leasing makes more sense than financing.
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Old Jul 16, 2006 | 12:20 PM
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Originally Posted by RNM GS3
Leasing has many advantages for the right buyer.

Never put ANY $$$$$ down when you lease is Rule #1, including the taxes..............Reason being is if the car is stolen or totaled, that money is lost.

IMO if u drive less than 15k miles/yr, take reasonable care of your car, and DO NOT plan to keep the car over 5 years then leasing makes more sense than financing.
+1

FYI- My 2IS is leased.

Cheers,
Kermee
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Old Jul 16, 2006 | 02:54 PM
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Originally Posted by RNM GS3
Leasing has many advantages for the right buyer.

Never put ANY $$$$$ down when you lease is Rule #1, including the taxes..............Reason being is if the car is stolen or totaled, that money is lost.

IMO if u drive less than 15k miles/yr, take reasonable care of your car, and DO NOT plan to keep the car over 5 years then leasing makes more sense than financing.
Lease payments can also be deducted on your taxes if you use your vehicle for buisness purposes...but there are strict IRS rules on this, and a Honda S2000 is not the type of vehicle that most people use for regular buisness purposes, like, say, a real estate agent that drives people around to look at houses.

I did a long CL thread some time ago on the advantages and disadvantages of leasing and buying. I'll re-post it if it will be of some help here.
https://www.clublexus.com/forums/sho...+disadvantages
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