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Reply to "Tell me about leasing a car. Never done it and need advice. "
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[quote=Anonymous]You should know that car leases are typically 2 or 3 years long, so be sure you’d want to keep the car for at least 2 years. Before the pandemic impacted car production volumes, you could get pretty decent lease deals on some brands. Now it is rare to get a deal so you are paying a premium to lease. Some brands don’t like to lease so their leasing costs are pretty bad. There is a website called swaps lease that you might look into, it lets you take over someone’s existing lease. Another option is to just buy a used car that doesn’t depreciate much like a Toyota Camry and then sell it in a year or two when/if you move again. But DC taxes car purchases so this only makes sense if you buy a cheaper used car. Also recommend going to watch a few YouTube videos about how to lease a car.[/quote]
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