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+--- Thread: buying out my lease - refinancing my ride... (/showthread.php?tid=660)
buying out my lease - refinancing my ride... - MYLF - 06-23-2003
Personally, I think the best deal is to buy a GOOD, used car with low miles.
buying out my lease - refinancing my ride... - Metalfan - 06-23-2003
Quote:Originally posted by MYLF
Personally, I think the best deal is to buy a GOOD, used car with low miles.
I did that and bought a Taurus, so the good part is questionable :lol:
buying out my lease - refinancing my ride... - 60FeetUnderWater - 06-23-2003
Quote:Personally, I think the best deal is to buy a GOOD, used car with low miles.
that won't allow me to get out of my lease 6 months early. (and save $2000+ in payments)
My only options - I can either lease another (which, I won't. I'm never leasing again...) or buy out my current car (which would have no warranty...that alone would cost me $2000 AND it would already have 40,000+ miles on it)...
Or just finance a new one.
Or...
I could continue leasing my car. wait until December and THEN start my search for a "good used car with low miles"
and finance THAT with a higher financing rates and have similar payments per month...
uhhhh...nope.
buying out my lease - refinancing my ride... - MYLF - 06-23-2003
I didn't mean you should do that now. Just sharing my philosophy on car buying.
buying out my lease - refinancing my ride... - 60FeetUnderWater - 06-23-2003
Quote:Originally posted by MYLF
I didn't mean you should do that now. Just sharing my philosophy on car buying.
Seems I've misunderstood you.
Overall - you're right. The best deal IS on a "good used car with low miles" (with a nice hefty down payment as well...financing used cars stink! Higher rates than with a new ride...) but that option isn't the best one for me at this time.
If I didn't have this lease, I'm sure I would have looked for that type of deal that you're talking about...for sure.