ok im not sure if i want to lease the car or finance. The stick price of the car is $36,000 and I got the dealer down to $33,000. I believe the only options were the spoiler and sunroof... maybe a couple more small ones i missed. Here are my two offers

The lease would be for 42 months. I put down $4,275 DOD and it would come out to $400 a month.

If I were to finance... I would put $10,000 down and pay $575 for 48 months.

It would be nice to finance and actually own the car, but ill probably just want a new car in 4 years anyways, but i can always sell the car after 4 years. What do you think I should choose?

 

If you aren't going to be keeping the car 5+ years lease it.

 

If you add up all costs the total cost to lease it comes out to $20,675 and i can have the option to buy for $19,500.

If you add up all costs to finance it comes out to $37,025.

It seems like it makes more sense to buy at $37,025 and sell at $20,000 (just a guess) and only pay $17,000 total to finance after 48 months instead of leasing at a total of $20,065 after 42 months.

Am I missing something, but it makes more sense to buy to me. I've never leased before so I need some help here.

 

u should lease it for 15 months!!!..42 months is wayyyy too long lol...

 

What about sales tax? Was that included?

 

ct sales tax is 6% and these prices are out the door.... everything included.

My preference (if i were to lease) would be for 36-48 months. That's why i chose 42, its pretty much in the middle. A 15 month lease is out of the question. I want to put some tints and a nice stereo in there (nothing else). By the time im done doing that, ill have to trade it in because my 15 months are up. Not reallly, but you get what im saying.

Which do you think is the better deal? lease or finance? Is this a good deal?

 

hey think ur best bet is honestly this..i dunno wat the specs are on ur car..but this is the deal theyre running here in NY..so im sure ur CT dealer will match it at least..their deal is a 15 month lease on a g35 coupe, automatic transmission with premium package(sunroof, bluetooth, bose, dual climate controls, auto on/off headlights, and a few other little things) for $199/month with $1995 down...doesnt that sound like a better deal than to pay wat ur paying?

 

I use to work in the car biz. Honestly, if you *know* you're NOT going to want to keep the car after 4 years, LEASE IT. I understand your math of buying it, and then selling it later to gain your money back. But I've seen it happen a million times - your car *isn't* going to be what you think it's worth in four years. It's also not worth what KBB says either - it's all market, demographics, and demand. Take and look and count how many G35's you see every day. They are everywhere, everyone is selling them, and everyone looking to buy will want the newer models, or just pay significantly less for yours. I could go on and on, but you probably get my point.

Trust me, LEASE IT if you know you won't want it any more in 4 years or less.

~rigor

 

Thanks Rigor, good advice that I will definitely consider. Anyone else have any input?

 

I'm in a similar situation.. I am going to lease a car for the first time..

 

How many months are you thinking about going with? If I lease I want 42 months.... just long enough for me to have a fairly new car and probably just about ready to get a new 2011. I think the lease is the way to go, but I still havent made my mind up. It's just the idea of spending $20k plus and ending up with nothing at the end that makes me think about it, but this will be my first lease as well so we'll see.