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Old 04-17-2013, 07:36 PM   #1
Ant

 
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Leasing a Hot Wheels Edition?

My dealer has one in stock. It's an automatic 2LT. I'm going this Saturday to look, but any guesses on how much I can expect to put down to keep my payment at $250 per month? I don't care how many years the lease is for...12 or 15K miles per year is fine too.
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Old 04-17-2013, 07:38 PM   #2
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I have never leased a car, but I've always been told it's a bad idea....not sure how monthly cost is calculated.
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Old 04-17-2013, 08:38 PM   #3
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6 to 8k, maybe more.

Whats the msrp? near 40k?
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Old 04-17-2013, 09:20 PM   #4
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That's a terrible idea .. my 2 cents .. Especially since modification wise you can't do anything .. All you're going to do is rent the car, if you were to drop 6-8k into a lease to make your payment that low you mine as well just buy the car or you just wasting 8k to rent the vehicle for 3 years.
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Old 04-17-2013, 09:23 PM   #5
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What's your reasoning for wanting to lease? If it's credit concerns, you still have to have 'o.k' credit to lease.
Not sure a dealer would lease a Hot Wheels edition when they can get premium for it?!?
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Old 04-17-2013, 09:42 PM   #6
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MSRP is $37,915 before incentives and rebates.

I'm looking to lease simply because I need the lowest monthly payment possible. Still in college at the moment, but I'm definitely looking to buy it after the lease.
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Old 04-17-2013, 09:43 PM   #7
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MSRP is $37,915 before incentives and rebates.

I'm looking to lease simply because I need the lowest monthly payment possible. Still in college at the moment, but I'm definitely looking to buy it after the lease.
Fair enough, if you're going to do that, just make absolute sure you find out what the exact price to buyout at the end of your lease would be ... Also check to see what you would have left to pay on the car if you bought it out-right.
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Old 04-17-2013, 09:44 PM   #8
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Better hope nobody hits you or you get into an accident while driving you will end up paying more in fees and fixing it than the car actually costs
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Old 04-17-2013, 09:46 PM   #9
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Better hope nobody hits you or you get into an accident while driving you will end up paying more in fees and fixing it than the car actually costs
^

Lot of risks in leasing ...
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Old 04-17-2013, 09:50 PM   #10
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A. Don't lease
B. Don't buy a 40,000 dollar car when in college, or right out of college. Get something cheap for a year or two and pick up a used Camaro for 20K then.
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Old 04-17-2013, 09:53 PM   #11
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A. Don't lease
B. Don't buy a 40,000 dollar car when in college, or right out of college. Get something cheap for a year or two and pick up a used Camaro for 20K then.
Bazinga! that may be the best advice you get!
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Old 04-17-2013, 10:02 PM   #12
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A. Don't lease
B. Don't buy a 40,000 dollar car when in college, or right out of college. Get something cheap for a year or two and pick up a used Camaro for 20K then.
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Old 04-17-2013, 10:09 PM   #13
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Financing my pre owned 2LT comes out to be $550 a month with insurance. If you can't swing at least $500 a month, I would look at a cheaper vehicle. Unless you put down a hefty down payment.
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Old 04-17-2013, 10:21 PM   #14
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not a good idea on such an expensive car! lease a corrolla/sentra or something and then move up 2 or 3 years later
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Old 04-17-2013, 11:35 PM   #15
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Plus you won't get bit by the mod bug
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Old 04-18-2013, 12:11 AM   #16
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When I got my camaro my freshman year in college I was working full time and a student full time. I had no expenses so I was comfortable paying my $575 or so payment and insurance and gas was separate. Personally I wouldn't do that again. Caused way too much unwanted attention from others at school. I sold my camaro a year later but not for any financial reason, it was just because I couldn't drive it as much due to my grandma moving in and it wasn't worth the added cost to just have it sit in the garage. I'm back in the market for one but this time it will be used and not a custom ordered one like last time.
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Old 04-18-2013, 12:59 AM   #17
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Quote:
Originally Posted by Shortbus View Post
A. Don't lease
B. Don't buy a 40,000 dollar car when in college, or right out of college. Get something cheap for a year or two and pick up a used Camaro for 20K then.
Quote:
Originally Posted by babytiger View Post
Bazinga! that may be the best advice you get!
I couldn't agree more, don't make the same mistake I did lol
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