After reading info on this site and giving it further consideration, I decided to lease my 2015 TLX. I always thought it would be too costly, but I found out otherwise tonight when I was filling out the paperwork.
I have always bought and traded-in every three to four years. With my high-mileage driving, I thought leasing was not a viable option. Today, I believe I learned otherwise.
I originally told the finance guy I would buy the car and put some money down to keep the payment comfortable. After being at the dealer most of the day, the salesman mentioned leasing. I asked questions and decided to lease after all. I got the 20,000 miles a year plan. Sounds like a good idea. Figured I will give it a try since I usually drive 18,900 miles a year.
Bought - 2004 TSX
Bought - 2007 TSX
Bought - 2011 TSX
Leasing - 2015 TLX.
Thanks for everyone's input.
I used the trade-in cash as a down payment on the lease and I get 60% or so back in my pocket. Sounds like a win-win all around. I pick up the car tomorrow evening.
I have always bought and traded-in every three to four years. With my high-mileage driving, I thought leasing was not a viable option. Today, I believe I learned otherwise.
I originally told the finance guy I would buy the car and put some money down to keep the payment comfortable. After being at the dealer most of the day, the salesman mentioned leasing. I asked questions and decided to lease after all. I got the 20,000 miles a year plan. Sounds like a good idea. Figured I will give it a try since I usually drive 18,900 miles a year.
Bought - 2004 TSX
Bought - 2007 TSX
Bought - 2011 TSX
Leasing - 2015 TLX.
Thanks for everyone's input.
I used the trade-in cash as a down payment on the lease and I get 60% or so back in my pocket. Sounds like a win-win all around. I pick up the car tomorrow evening.