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Showing results for tags 'buying'.
I've always just bought new cars (ever since my first, a Pontiac Sunfire). I'm considering leasing my next vehicle. I played around with the configuration and built a VW Tiguan Cross Sport, for example, and with $11,000 in combo of trade-in and down-payment I got $264 (15k miles, 36 month lease, $6k down, $5k in trade), while financing it I got $495 ($5k down, $6k trade-in, 60 months, 0%). At 1.9% it goes up to $520. $495*60/96 (eight years of use) is $309/month. That seems odd — the lease is less expensive. But… the lease only works ONCE with the trade-in, because your next lea