Need to lease a beater

F

Fire0nic3FX

Member
What's up guys. Let me first off start by saying this is unrelated of what happened to my FX.

Im in the need to lease a beater car to go school with cause I'm transferring and my commute will be longer so I need something else so that I don't put miles on the FX.

im looking to lease but I've never leased a car before just owning. Anything I should watch out for?

I want to lease a car for $230 or less a month. The thing is all these dealers want like $1,999 down. I'm looking for something with $0-$1000 due at lease signing.

A local Nissan dealer wants $199 a month for 24 months on a 2013 Nissan Altima with $995 due at singing. What doesn't make since is that on Nissans website it says $1999 due at signing and not $995? Does that seem like some fishy bait the dealer is lying about to get me to come in?

Here is some cars I'm thinking about:

1. Acura ILX $229 a month $1999 due at signing
2. 2013 Nissan Altima $199 a month possibly $995 due at signing
3. 2013 Hyundai Sonata $199 a month $1999 due at signing



I was wondering is there room for negotiating when buying a lease car?? I'm just looking for a nice comfortable beater. My first choice would be the Acura ILx though
 
how about an electric beater?
smile%20%282%29.png


i was reading a discussion a nissan leaf lease deals on fatwallet and it looks like a great deal considering possible rebates, carpool sticker, and free chargers. i read anywhere from $199/1999 down to a little more but no down 24/36 mo. lease. scion iq, my daily now, is now available for $99/1999 down for 3 yrs if you want a really small beater.

good luck on your search.
 
+1 on what everyone said above. Leasing a beater doesn't make much sense. I also wouldn't consider any of the cars you have listed a beater. I would look into some used Hondas or Toyotas in the $5,000 range.
 
Pretty much what everyone else said. Id buy a used car that is good on gas for less then 5k. This way you can park it anywhere without worrying.
 
Yeah don't go lease a car, that wouldn't be a beater, where I'm from a beater is a car you buy for $1000 or less good on gas and gets you from point a to b.
 
Buy something asian like a civic, camry, maxima that's cheap, easy to maintain, and reliable. Depending on how long you use it, you could end up selling about the same cost you purchased.
 
You guys really think that Aaron is the type to buy a used beater? He's the k e that changed the rear door panel due to a small scratch, remember!? He'd go ape in a beater with a billion scratches and tears in it :-)

Aaron, don't lease if you rack up miles. Look at the residual value of the car at the end of the lease. It's great if in the end you'll have the option to buy the car outright for say 15k and it's resale value is 20k..instant equity.



TapaTalkin'
 
Guys I think you misunderstood me haha. I would never trash any car around. To me a beater is a daily driver but you still take care of it. Not beater as in its a pile of poop you can throw around and not care

All these lease deals say 12K miles a year. My commute will be 300 miles a month so that's around 3600 a year. I need something new cause I can't worry about something going bad as small as a bulb or battery.
 
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I read though 17 posts to end up looking for a solution for 300 miles a month!
300 miles sounds more like a "Monday" than it does a month".
Get whatever suits you and makes you happy. A little cost difference won't matter in the end.
 
I saw the word beater....and then I saw the year 2013 listed 3 times as options. Then I laughed. :)

---------- Post Merged at 12:33 AM ---------- Previous Post was at 12:22 AM ----------

PMG 705 said:
It's great if in the end you'll have the option to buy the car outright for say 15k and it's resale value is 20k..instant equity.
Click to expand...

I don't completely agree here. Virtually every time you lose more by leasing and the only time you end up winning is when the resale value is much much less, not more than the buy at the end option because lease companies have virtually never overestimated how quickly a car depreciates in value, but have sometimes in rare occasions underestimated especially at that time when the economy tanked and cars dropped in value like crazy way more than they anticipated or when hybrids started entering the markets and later they realized the values were much lower than projected after 3 or so years. If you bought a car for 15k valued at 20k at the end of a 3 year lease term, if you consider the interest you paid, loan, down payment, etc you really ended up paying much more than 20k for the car at that point if you would have just been paying monthly payments because otherwise every lease company would be out of business....they have set it up in such a way when they calculate it out in front of you at the dealership that it seems like a no brainer that at the end of the lease cycle you would be way ahead buying it compared to what the car is intended to be worth (similar to how you presented it), but if you add up exactly what you put down and pay per month and do the same calculations if you bought it outright, you quickly will see how much more you actual lose. I've seen some dealers try to sell the lease deal over selling the sale of the car since commissions could be bigger depending on the deal. And all the restrictions like mileage, etc are just items to safeguard their profits.
 
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I drive 160 miles round trip everyday just to work and back...so that =
800 miles/week
3200 miles/month

Damnit.... I drive a beater :(

'n on Xparent Red 2
 
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