How much does it cost to lease a minivan?

[Anonymous]

For 2 years -- I am just looking for ballpark figures any model. TIA

[Anonymous]

don't lease!! it's a waste of money. buy. cars depreciate over time - you may as well own the car when you've paid for it! bankrate.com has some calculators.

[Anonymous]

Seriously, don't lease. Rarely makes financial sense. And if you want a minvan because you have kids, you'll most likely trash the car. You'll get nailed for that with a lease.

[Anonymous]

Don't lease. No one does that anymore, for a reason. You will get screwed when the lease is up. Not worth it. Don't do it. You've been warned.

[Anonymous]

You really can't look that info up online?

[Anonymous]

Sometimes leases do make sense. For example, if yuo can write of the use of your car for business expense or you are one of those people who likes a new care every 3 years. But, rarely, do 2 year leases make sense. You pay a premium for the shorter time frame.

[Anonymous]

Anonymous wrote:don't lease!! it's a waste of money. buy. cars depreciate over time - you may as well own the car when you've paid for it! bankrate.com has some calculators.

nonsense. you LEASE things that depreciate in value and BUY things that appreciate.

$350/mo *12 * 2 = 8,400. no way you buy 1/3 of a new van with that money.

with that said, don't lease (or buy) new cars. just buy (or lease if you can find a deal) used.

[Anonymous]

Anonymous wrote:

Anonymous wrote:don't lease!! it's a waste of money. buy. cars depreciate over time - you may as well own the car when you've paid for it! bankrate.com has some calculators.

nonsense. you LEASE things that depreciate in value and BUY things that appreciate.

$350/mo *12 * 2 = 8,400. no way you buy 1/3 of a new van with that money.

with that said, don't lease (or buy) new cars. just buy (or lease if you can find a deal) used.

This is not realistic. First of all, a 24 month lease would be more per month than that. Second of all, you are ignoring all of the money due at signing, usually $3-5K.

We don't lease, but we also don't care about driving new cars every 3 years (the length that most leases are.) I have several friends who lease and they SWEAR its a better deal, but I think in reality its the only way they can afford to drive $60K cars, new every 3 years. The monthly payment on that would be double. I don't really know anyone who leases "non-luxury" cars, unless its work related.

[Anonymous]

Leasing can very well make sense. My husband bought his very nice German import sedan, and all we had to show for it, once all was paid up after 5 years, was a mere 6K trade in value for our next car. So we decided to lease our very nice new SUV.

Cars depreciate, no matter how nice they are. Unless you plan on driving your car for 10 years or so, leasing CAN be a smart option. Certainly is not for everyone. As PP said, leasing is not a mistake for something that depreciates in value.

[Anonymous]

[size=7] [/size][color=white] [/color][quote][code][quote=Anonymous]For 2 years -- I am just looking for ballpark figures any model. TIA[/quote]

[Anonymous]

Leasing makes plenty of sense if you dont want to deal with the expenses of fixing up cars when they start going downhill. It also makes sense if you fall in the category of person that knows they will always have to make a car payment, why not lease? You get a brand new car every three years. We will always have to borrow to get a car (at least we have and unless we get suddenly rich) so we prefer leasing bc we just get to exchange for a newer car.

[Anonymous]

Anonymous wrote:Leasing makes plenty of sense if you dont want to deal with the expenses of fixing up cars when they start going downhill. It also makes sense if you fall in the category of person that knows they will always have to make a car payment, why not lease? You get a brand new car every three years. We will always have to borrow to get a car (at least we have and unless we get suddenly rich) so we prefer leasing bc we just get to exchange for a newer car.

I'm always worried about people who get in the mindset of "you will always have a car payment." Nonsense. I'm not rich, but I've never had a car payment and god willing, never will.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:don't lease!! it's a waste of money. buy. cars depreciate over time - you may as well own the car when you've paid for it! bankrate.com has some calculators.

nonsense. you LEASE things that depreciate in value and BUY things that appreciate.

$350/mo *12 * 2 = 8,400. no way you buy 1/3 of a new van with that money.

with that said, don't lease (or buy) new cars. just buy (or lease if you can find a deal) used.

This is not realistic. First of all, a 24 month lease would be more per month than that. Second of all, you are ignoring all of the money due at signing, usually $3-5K.

We don't lease, but we also don't care about driving new cars every 3 years (the length that most leases are.) I have several friends who lease and they SWEAR its a better deal, but I think in reality its the only way they can afford to drive $60K cars, new every 3 years. The monthly payment on that would be double. I don't really know anyone who leases "non-luxury" cars, unless its work related.

If you lease from a Federal Credit Union you are not resps for those 3-5k cost because they are tax exempt so all you have to bring is the first payment and maybe $500 processing fee

[Anonymous]

Anonymous wrote:

Anonymous wrote:Leasing makes plenty of sense if you dont want to deal with the expenses of fixing up cars when they start going downhill. It also makes sense if you fall in the category of person that knows they will always have to make a car payment, why not lease? You get a brand new car every three years. We will always have to borrow to get a car (at least we have and unless we get suddenly rich) so we prefer leasing bc we just get to exchange for a newer car.

I'm always worried about people who get in the mindset of "you will always have a car payment." Nonsense. I'm not rich, but I've never had a car payment and god willing, never will.

Exactly. This explains a lot about the state of our economy. It's ridiculous.

[Anonymous]

[quote=Anonymous]For 2 years -- I am just looking for ballpark figures any model. TIA[/quote]