One advantage to leasing is to enable you to manage your cash flow and hang on to your cash. Here's another reason not to put money down:
"There is, however, a big disadvantage when you put money down on a car lease. Let's say you have put $2,500 down on your lease and the car is either stolen or wrecked. Well, your insurance and the gap coverage (assuming you have it) will pay off the car. But your $2,500 will never be seen again, since it was used at the beginning of your lease to reduce your monthly payment. So why gamble with your money? The smarter move is to keep that money that you would have used as a down payment in an interest-bearing account and make the lease payments from it each month. You will accomplish nearly the same thing as putting the money down, while assuring that your money is safe in the event something unforeseen happens to the car."
Answers
You could buy a new one and put $20K and finance 5 years for maybe $475 a month.
"There is, however, a big disadvantage when you put money down on a car lease. Let's say you have put $2,500 down on your lease and the car is either stolen or wrecked. Well, your insurance and the gap coverage (assuming you have it) will pay off the car. But your $2,500 will never be seen again, since it was used at the beginning of your lease to reduce your monthly payment. So why gamble with your money? The smarter move is to keep that money that you would have used as a down payment in an interest-bearing account and make the lease payments from it each month. You will accomplish nearly the same thing as putting the money down, while assuring that your money is safe in the event something unforeseen happens to the car."
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