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Reply to "Lease a car for college aged son"
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[quote=Anonymous]I was anti lease til we needed a second car for a new school run schedule. We like electric cars so I got a Mini Cooper electric for $160 per month lease. It’s so low because they don’t sell well and when leased, the car manufacturer gets the tax credit and passes it on. The electric credit (which may not be a thing soon) is usually only available when you buy if the car is American made. It would be a great car for a teen, especially if you can get a leftover 2024 2 door. It’s easy to drive (perhaps too easy - I find myself speeding because it picks up so fast) and park, and it’s tiny they can’t stuff it with teenage friends who might be distracting. If the car holds up well we will buy out the lease when it’s over and hopefully pass it on to my now 13 year old when she’s 18 (we live in DC and she won’t need a car before then and possibly not even after then). Good luck![/quote]
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