Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Yes, you can pay up front for more than 12k mi/yr.
Have a good look at the Chevy Malibu - much nicer car than the low end Hyundi & Kia, but leases for a about the same
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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13 Replies
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Thanks for the clarification. I found this article and coincidentally the example given matches what you stated: http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
I have an...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Great info, thanks!
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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This is not correct.
Sales tax is based off of the monthly payment amount. Example. Base lease payment is $200mo. x 7.75%=$15.50 tax. Total lease payment after sales tax is $215.50
You are only...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Thanks for the feedback. Do you know how much extra it would be to bump up to 15K miles? Also, do you know if it's possible to reduce from 15K to 12K after the first year if necessary?
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Thanks both. Repped
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Your credit score doesn't matter on what you put 'down' on a lease - that's a confusing term since in the LOAN realm that's money you use to secure the loan. The more money you have tied up in the...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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I am leasing a 2011 Malibu for $230/month. I found a local dealer with a demo model, which means it was driven by a dealer employee and had 6,000 miles on it. I get 15,000 miles per year and it's for...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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When you buy miles up front, it's a use it or lose it situation, so be sure you really need them before committing to anything.
Having said that, the rules differ for every lease company. Some...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Hello all,
Will be living in LA / Southern California starting July 1st. Haven't made a final decision yet, but I think I'd like to lease a car since this isn't a permanent move -- probably a...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Thanks akkkmed, great to have a real-world comparison right now. Where are you located or where is your dealer located? I assume your lease is $230/month including taxes and fees. Was the $189/month...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Ads generally DO include the money factor - this would be analogous to the APR of a loan. If you offer to pay the entire lease amount up front, then the money factor becomes zero & that removes line...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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FYI - Just be aware that in CA if you lease a car they effectively tax you on the purchase price of the car, not the value of the lease. So if you lease a $20k car and make monthly payments of $250...
Car Lease - LA / Southern California
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Thread created 06-07-2012 by Yankease
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Sorry for the double post, but if I have a high credit score should I be looking for a 0 money down lease? Also, I realized I didn't mention that I'll be looking for a 24 month lease
