I've been having a lot of problems with a used car my mom bought for me to use. Against my sisters and mine advice she did not get the car looked at by a mechanic before buying it . So now we are having A LOT of problems with it. We are pretty sure the engine is basically done. The starter needs fixed and we think something called a catalitic convertor (sp) needs to be replaced. My friends grandfather is a mechanic and these are just the things he found without really getting his hands dirty.
So I have been considering leasing a car. Of course my mom would have to co-sign or sign for me; however I would make all payments. I just got a promotion at work along with a nice pay raise so I know that I will be bringing in enough money to cover at least a $200 to $300 monthly payment. I have always said that leasing a car is like throwing your money out a window. However with just purchasing a car and not being able to, at this time, afford a down payment on a car I think leasing would be a good option for me. I would get the shortest lease, a year (if you can) or two year plan.
I was wondering what your guys ideas are. I know that some people lease cars and I would like to hear what they have to say. Anyone who knows anything your knowledge is welcome!
Thanks,
Ash
Bookmarks