249$ /mo x 36mo = near 9000

That's 9000$ your giving away

Why not get a loan for 9-10k, buy a used vehicle and in 36 months you'll have something that is yours, or you can sell it and get most of it back?

Most of it back?

The great thing about leasing is its a new car that will have warranties and most likely a maintenance plan (2014 Gm cars do) so the car will be a dependable vehicle WHICH does have trade in values at the end of the lease depending on leasing company. Plus, buying one of the cars listed would be a $400+ payment. Leasing is smart if you're just getting by.

Edit : a new car would depreciate in value anyway.... A 3 year old car with a loan would be lucky to fetch payoff.

This post was edited by kill22 on Jul 2 2014 11:13am

then buy a civic for like 3k

because I don't have a job and most dealerships are going to be asking me for a 2,000+ down payment that I can't afford to pay all at once

bottom line is I don't have 2,000 dollars to put down upfront, plus all the money for a 6 month insurance plan, plus DMV fees

You can if you get a loan like he just said. Leasing a car is stupid. You are just throwing away money.

save up as much as u can, then get a personal loan for the rest and pay it off ASAP.

That is your best plan.

Oh and dont forget to get the car inspected once you are pretty set on everything else about it. Also, carproof can be a good idea.

I said buy an older vehicle for 9-10k I didn't say anything about buying brand new for 400$ a month.
Any common good vehicle that's 10k now will for sure be 6-7k in 3 years, so yes he will get most of his money back, or keep it and OWN something when he's done paying.
Leasing is never smart.




With a bank loan you don't need money down .. take out enough to cover the DMV fees and insurance.
How do you plan on getting a lease/loan without employment anyway, I realize your a student.
Every loan I've ever taken they request income information.

What does your credit look like being that you are a student? You do realize they have decent credit requirements for any auto lease let alone one where you don't have to put anything down at signing.

Something worth checking into before you get your hopes up.

good luck getting either w/o a job.

a leasing company and a bank is going to ask you if you have a job. if you dont have a job your not getting either w/o a cosigner.

If you do find a company to offer a lease please share with us all the interest rate.