help please - can't make up my mind
06-09-13, 08:16 AM
#16
Lexus Fanatic
Myth-buster: All colors have the exact same amount of swirls. It's either hidden or visible due to the color. Proper waxing helps prevent swirls, which form during washing. Personally, I have not washed my cars since the late 90's. Water ages all surfaces and strips away wax. You'll get a different answer from everyone on this topic. Just keep the car highly waxed and always use clean materials.
As to not washing the car...what do you do when its dirty? That might work in CA if you are in an area that doesn't get much rain, or if you don't drive much and it sits in the garage every day. For those of us that live elsewhere, and who drive our cars several hundred miles a week in traffic and in weather...they need to be washed.
06-09-13, 12:42 PM
#20
Instructor
- Would you put a $2500 down payment on your apartment to reduce your monthly rent?
- Can you do the Multiple Security Deposits?
06-09-13, 12:47 PM
#21
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To lower my monthly payments
From your question, you wouldn't add money to a lease ?
From what I understand, Multiple Sec Deposits only help people with poor credit/scores etc.
with the .005 money factor, it will not help much (not sure myself)
From your question, you wouldn't add money to a lease ?
From what I understand, Multiple Sec Deposits only help people with poor credit/scores etc.
with the .005 money factor, it will not help much (not sure myself)
06-09-13, 12:52 PM
#22
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Based upon a 12% APR, I am pretty sure that your credit score is very weak.
06-09-13, 01:29 PM
#23
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I'm not sure what you mean or how you got 12%
the .005 is set, by the dealer for the current lease deal for June
My credit score was not run by the dealer but is close to 780
Add, Called dealer and he told me the .005 equates to a 1% interest rate
the .005 is set, by the dealer for the current lease deal for June
My credit score was not run by the dealer but is close to 780
Add, Called dealer and he told me the .005 equates to a 1% interest rate
Last edited by RomanGS; 06-09-13 at 01:43 PM. Reason: additional inf from dealer
06-09-13, 03:37 PM
#24
Lexus Fanatic
The money factor is a decimal that when multiplied by 2400 gives you an interest rate. Clarify with the dealer, I'm sure its .0005 not .005. Thats 1.2%. A MF of .005 is a 12% interest rate...which is terrible.
As for the downpayment. All a downpayment does on a lease is prepay lease payments. Should the vehicle be totaled you would loose that prepaid rent, and you aren't really saving any interest on that money. Leasing a car is just renting a car, if you can't do multiple security deposits, just keep your $2,400. The MF is so low, I'd keep my money even with the MSD.
I would never put $1 down on a lease.
As for the downpayment. All a downpayment does on a lease is prepay lease payments. Should the vehicle be totaled you would loose that prepaid rent, and you aren't really saving any interest on that money. Leasing a car is just renting a car, if you can't do multiple security deposits, just keep your $2,400. The MF is so low, I'd keep my money even with the MSD.
I would never put $1 down on a lease.
06-09-13, 06:50 PM
#25
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The MF is 0.0005. If you put down 5 security deposits the interest would be zero
06-09-13, 08:50 PM
#27
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first of all great choice, my last car was the A6 they are fun to drive for about a few weeks then the fun is over...on top of that they have the worst depreciation on the A6...Second i say go with the riviera you dont see to many of those its mostly white and black...
06-10-13, 09:11 AM
#28
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Congratulations!
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