Don't be worked on payment, make sure you know what the true buying prices are.

 

Correct. Negotiate like you're buying it ie know the sales price/cap cost. Then have them use that number to determine your lease payment.

 

In addition, even though they didn't offer 12k ask for it. I see ads all the time offering 10k leases.

I guess those have restrictions?

 

Those what? 0%? You just have to have the credit score to qualify for it.

 

0% items to consider:

 

Do you qualify?

Is it for a shorter term that makes your payment higher than you're comfortable with?

Is there a better offer that combines low interest rate and a rebate?

Is it on the model you want?

Negotiate off of price - not the payment at 0%.

We got my wife's Camry with 0% financing during their Toyotathon. It's a 2011 nicely equipped and payment is like $300 a month. Can't ask for a better deal on a more dependable vehicle. That's on a brand new car.

 

How many months? Has to be 60 or more, right?

I guess those have restrictions?

 

I just had to qualify with a good enough credit score. It's for 60 months at 0%. My payment is like $307. I don't see how you can go wrong with that.

Sounds great in theory, and I do make a good candidate for it. I am not sure my wife will let me drive a lot less of a weenie vehicle than she has. I know it should not matter and it is stupid, but I do not know I could do it either to my ego She has a big ole SUV.

 

I will await the lecture on how silly that is.

A lot of people really can't handle it. But while they complain about their high insurance or car payment I just laugh. I haven't really looked around but there are probably some old beater trucks to be had in that price range. Maybe some of the mid-size Toyota models as they are plenty dependable. I personally like the covered storage where I can pile my camping stuff in it and not have to worry about the elements. But overall I do think minivans run cheaper than trucks or SUV's. Another option would be an older Camry or something of that ilk. The minivan wasn't my first choice I will admit. I totalled out a newer/nicer vehicle and only had liability since I paid for it in full. I knew a person with a minivan for sale really cheap and I absolutely loathe the idea of having a car payment so I took the plunge -- haven't looked back.

 

The peace of mind that comes with not having to worry about a car payment, insurance, or if it gets dinged up in a parking lot is quite nice. I know it's not for everyone as many people have to drive long distances quite often and I could see wanting something new or with less miles. But for short commuters who have access to other vehicles for long vacations and such (or just fly) it's a very good option to consider.

 

Also, if I were you and people gave me a hard time I'd just show them my IM tat. That should shut them up. :lol:

Have never leased & likely never will.

 

Usually drive a car into the grave. Prefer buying them with a rebuilt/salvage title, because I have a trustworthy friend who does the body work.

Those what? 0%? You just have to have the credit score to qualify for it.

 

0% items to consider:

 

Do you qualify?

Is it for a shorter term that makes your payment higher than you're comfortable with?

Is there a better offer that combines low interest rate and a rebate?

Is it on the model you want?

Negotiate off of price - not the payment at 0%.

 

I've bought 5 new vehicles in my day and never has 0% been the best deal for me. My local bank has always given me a great rate on loans and the rebates have been more than I would have saved with 0% intrest. I've also never put money down on a vehicle (I've had the money to put down, just haven't)

Those what? 0%? You just have to have the credit score to qualify for it.

 

0% items to consider:

 

Do you qualify?

Is it for a shorter term that makes your payment higher than you're comfortable with?

Is there a better offer that combines low interest rate and a rebate?

Is it on the model you want?

Negotiate off of price - not the payment at 0%.

 

Interest rates are very good right now with good credit. If there is a substantial amount of rebate money and one is not financing an excessive amount. 0% may not be for you.

We got my wife a new vehicle this past weekend and went with a lease. Ended up with a Toyota Highlander.