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Old 26 Aug 2007, 05:08 am
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Default I want to lease a new car it a 2007 Acura MDX, is there a bad side about do this to keep my

payment low?
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Old 26 Aug 2007, 05:10 am
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Depending on how you plan to use this car.Also if you understand that you are basically renting the car for the duration of the lease. As for myself I have leased 3 cars in the past. The experience has been great. I have done the lease option because I don't like having a car longer than 3 years. And as you mentioned the payment is lower. Also if your driving is sufficient under the miles allowed in the lease it should be good. Also the MDX is a very nice SUV and have seen many in my area.
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Old 26 Aug 2007, 05:18 am
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Well when you buy a car it's yours to do whatever you want to it. You can drive it where ever you want, have add ons what ever. Yes leasing will make your payments lowwer but that because you are only paying for the portion of the car that you buy. Plus you are given a set amount of miles you can drive a year most times it is between 12,000-15,000. Which is great if your only going to drive it around town, but if you ever planned on trying to take a trip in it the will fine you for going over you miles. In KY it was like 35 cents per mile. Plus a couple times a year you have to take it to the dealership and let them check the mileage to make sure your not putting to many on them. Also when you go to trade in the vehicle they tend to not give half as much as they would one you bought. Reason being is when you take it to get a new one they look at the entire pay off and you have been only paying a portion. Most of the time it is a hundred to two hundred dollars more just to buy it plus then it's yours and you can do whatever you want to it. Most of the time you will find out all the bad stuff in the finance department in the fine print after you have signed. The best thing to do is save a little money up and put a down payment down. Every cent you put down is less money to finace which saves you big time.
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Old 26 Aug 2007, 05:28 am
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THe MDX is about the best SUV you can buy right now at any price. It's good looking, fast, reliable... it has everything.Lease it if you like to change after 3 to 4 years.If you can make a good estimate of the mileage you need and you are not going to go over this mileage.If you take good care of your car. If at the end of the lease, you have too many scratches, a crack in the windshield, the leather seats are teared, you will have to pay for the damages.But besides that, go for it. I have leased 4 acuras in the past, and never had any problems. Just an advice... don't get over your head in payments... if you take a lease for 4 years, you are gonna have to pay for it for 4 years. If after 2 years you think it's to expensive and want to bring it back, you'll have to pay all the remaining payments in full at this moment. So it's like keeping it.So make sure you are willing to pay this amount for the full contract. They will never help you getting out of a lease, the only way they will help you is if you want to change for a more expensive acura.good luck
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