Would/have you leased a car?

Question

If so, what is your experience and would you do it again? If not, why?

Answer

I would have to say that it’s like renting a car.  But at the end of your lease you need to have the car in good repair and within the miles allotted to get away from fees. They then give the option to trade in for another lease or buy that car but forgot to mention to me all the back pay from my “lowered payments” hit me from behind. I will not lease again not buy a brand new car but rather a slightly used one.

Answer

I love it. I only lease cars. I’m on my 4th. Everything is under warranty and it’s brand new so you don’t have much to worry about. You can trade it in early or at the end of your lease for a new car. Plus, payments are usually cheaper. The only time I don’t recommend it is if you commute and put a lot of miles are your car. 
But generally, it’s a great option. I turned in my civic 6months early that had some scratches and a dent and wasn’t charged bc I traded it in for another Honda. They paid of off, and I got an HRV for $0 down. Highly recommend if you don’t mind having a car payment. You’re not really working towards owning it, but for me, it’s worth it to have a new car and not worry about maintenance.

Answer

I started leasing in 2015 and have had a good experience, we leased a new Genesis, and then gave it back at 3 years and got the 2018 version. We negotiated in our oil changes, maintenance checks, and they have valet service to pick up my car and give me a loaner for any service which is awesome. 
I keep under the max amount of miles allowed, I think it’s 10-15k miles a year. (I’m a stay at home mom, so don’t drive much).

Would/have you leased a car?

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