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good Morning my name is XXXXX XXXXX I will assist you. Yes, there is a 0 down lease but I would be leary of them as the interest rate is higher than the alternative. Just like renting an apartment, 1st and last month is the way to go. There are alwys set up fees with tags, title and taxes, Thats normal for leasing. I prefer to lease as you have a new set of keys every 3 years without the worry of major breakdowns. All is covered under warranty except the basics which you are responsible for anyway. I agree with your wife, lease a new car and you will be surprized what is out there that you may like even more. Shop around for your lease, You wll be surprized the difference in pricing from place to place. Pick out the car you want and have the company base there pricing on that vehicle. Roy
sorry for the delayed response. we went to dealer yesterday and had some other questions regarding a lease deal.
Ok, do you have any other questions?? Roy
What are fees associated with leasing? For example bank fees. I don't want to pay a bank for leasing a car. Can i avoid the fees outside of tax title and license
If you work through the dealer, those are the only fees you should pay. Going through a bank you will have to pay these fees. What did the dealer tell you?? Roy
i was also looking at the paperwork for lease my wife got before and for some reason my wife paid GAP insurance. does it make sense to pay gap insurance on a lease?
I asked about lease specials and then they started breaking down fees and there was 600 bank fee associated with one them
Ok, gap insurance is a must. What happens is if you had a theft or loss, it makes up the difference between the value of the car versus the owed value. Had it happen to me and glad I had it or I would be responsible for the difference. I would shop around to other dealers and private leasing companies as they do in house financing and would not charge you this fee. Also, If you like a car and want it tell the dealer you dont want to pay this fee. Cant see them loosing a deal over 600. Roy
GAP insurance for a leased vehicle? Doesn't the insurance company cover the cost of the car so that there should be no need for GAP insurance?
if you are leasing you don't own anything so how can there be a difference