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Reply to "$0 down lease"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]When u buy a leased car, you pay $$ value of the car at the termination of the lease, not some made up number. This value is stated in the lease contract.[/quote] I think the PP was talking about rent charge. Most lease contracts would required you to pay 100% of the rent charge if you buy out early.[/quote] Both of these are correct. It's also important to look at the yearly mileage that you are allotted and the penalty for going over. Some leases are only 10K miles a year. If you drive a lot it might not work. It is cumulative so if you have a 3 year lease, you would need to return the car with 30K or less miles. Once the lease period end date is coming up, go back and visit the dealer. If you lease another car, they usually won't care about the wear and tear or any excess mileage. [/quote]
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