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Reply to "Lease Car for Teenager"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are shopping for used cars for teenage driver and anything decent with no mileage going to cost $15-20k. I then saw an ad for a new Honda Civic lease. You can get the basic level Honda Civic for $2,999 down and monthly payments of $189. A 36 month lease will end up costing $9,803. Anyone done this? What is the downside, other than giving a new driver a brand new car. Maintenance will be a minimum, comes with a warranty.[/quote] Most rental car places won't rent to someone under 25. Are you sure leases don't have a similar age restriction? Also, we bought an almost new CPO Kia Soul for our DD for way less than $15k. Recently. In the DC area. It can be done.[/quote] The teen wouldn’t be able to lease it on their own, the parents would have to sign the lease.[/quote]
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