From a new & used car salesman, salesmanager and owner of my own used car lot:
Leasing a new car (unless you can use it as a writeoff, or get a company paid account with which to pay for the car.....is the single biggest waste of money there is. Think about it ! You are paying for that which will never be yours.
Better to finance it. At least at the final payment, you'll have equity....AND it will belong to YOU !
Leasing was invented by dealers...for the enrichment OF dealers. What better way to feed your used car lot with 3 year old cars, of YOUR make, that have NEVER been sold, nor titled out of the dealer's name? Gosh, a "new car" with miles on it
Finance the car, even it you have to for 4 years !
Want lower payments ? As I told Family, Purchase your car at the dealership and purchase your money at the bank ! ((DUH ))
Unless the Corporation is having a blitz and is offering a fantastic rate, you'll always do better at the bank.
Wathch out for a Baloon note at the end of a lease, also. Can be a killer !!
To get lower payments, selecta car thats not popular.
Mercury's are a prime example. Perhaps a nice 2 year old Montego.
If so, buy Ford's protection plan, but use it as a "squeeze" ~ As in if you'll meet my offer, I'll be able to purchase the FoMoCo Protection Plan from you.
Killing 2 birds with 1 stone. ((Ford's Protection plan is AAA Excellent.)) !!
Honda Toyota Nissan used, yuou're gonna pay thru the nose, and they are really no better. They have problems too! (Why ya think they are on the used car lot?)
I like Ford. Ford will bend over & work with a consumer. I've seenit. I've experienced it. They are after good willfrom consumers & are working really hard to earn it.
Do not trade in your truck! You will getr LESS than book (wholsale). Sell it privately, you'll do better.
Never send the yo yo that shows up to see it of on a demo ride without YOU along.
Stay out of rhe huge mega highway whore-houses ! Go to small dealers.
Don't get wise or nasty with salespeople. The do this everyday, the buyer does it ever 4 years. You cannot win, any more than you can work on your own teeth !
Best of everything/