Leasing & Down Payments
not only if totaled, in any situation where the insurance would have to pay for the value of the car. if stolen, natural disaster anything. im sure your a safe driver but if somebody else is at fault and totals your car you have no control over that and you would lose your downpayment over $8.45 a month when you could take that money and recoperate it if inversted properly
6th Gear
Joined: May 2007
Posts: 3,790
Likes: 10
From: Kansas City
You'll never get the $2000 "back", it's just a pay me now/pay me later deal.....
You either pay it up front or in the muntlies.....sixes/same thing......it all goes towards the depreciation side of the lease.
There are a lot of determining factors in taking on a lease in the first place, they've all been discussed in this thread already, whether to put $2k down or not is pretty inconsequential to the overall deal.....
You put it down if you want the lower payment, you don't if it doesn't matter - simple.....does it save you any money? Maybe a tiny bit, but is it worth it?
Only the OP can decide that, there are too many "if's" for anyone here to make that decision.
You either pay it up front or in the muntlies.....sixes/same thing......it all goes towards the depreciation side of the lease.
There are a lot of determining factors in taking on a lease in the first place, they've all been discussed in this thread already, whether to put $2k down or not is pretty inconsequential to the overall deal.....
You put it down if you want the lower payment, you don't if it doesn't matter - simple.....does it save you any money? Maybe a tiny bit, but is it worth it?
Only the OP can decide that, there are too many "if's" for anyone here to make that decision.
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