You can lease for quite a long time. Lenders LOVE people who want long leases. Cars are depreciating assets. Longer the lease, more money you end up paying and the more you end up overpaying.
Ideally, you should be leasing no more than 3 years. Remember, cars are depreciating assets. A $400 payment may look good on a new car, but is WAY too much to be paying monthly on a 5 year old one.
Most company-subsidized leases (which are the best deals the dealers themselves offer) have a sweet spot at 36-39 months.
That is where you want to be. If you can’t afford that payment, you really should be looking at a lesser car.
January 1st, 2010 at 10:47 pm
Call any Benz dealer and bring MONEY!!!
January 3rd, 2010 at 5:05 am
As long as you have money. Seriously, I think 6 yrs.
January 5th, 2010 at 1:16 pm
You can lease for quite a long time. Lenders LOVE people who want long leases. Cars are depreciating assets. Longer the lease, more money you end up paying and the more you end up overpaying.
Ideally, you should be leasing no more than 3 years. Remember, cars are depreciating assets. A $400 payment may look good on a new car, but is WAY too much to be paying monthly on a 5 year old one.
Most company-subsidized leases (which are the best deals the dealers themselves offer) have a sweet spot at 36-39 months.
That is where you want to be. If you can’t afford that payment, you really should be looking at a lesser car.
January 6th, 2010 at 6:45 am
Dont lease buy, trust me
i own one