Lease because you're young, fickle, unsure, and will want the newest model about 6 months after you've been driving this one. At least if you lease for the shortest lease term that makes sense you only have about 2 and half years to go before you can turn it in. So this will also teach you patience. Plus, you're Daddy's little girl and you NEED a car that's not going to leave you stranded ANYWHERE EVER!

So, new car always under warranty, no unexpected service bills for Dad, no unsafe road side hazards for daughter. Not to mention, your last name looks familiar, so I'm sure your Pops can drum up one heck of lease payment for you with a residual enhancement, sign and drive, no inception fee, short term lease,with leather and a sun roof that "residualize" in the least term. 720 beacon score is no problem I'm sure, so There you go... It's lease then...... and If Dad tries to high gross you, I have about 1,200 other dealer client friends who would like to do a courtesy delivery at his dealership for you. LOL..............kidding of course!

I agree with kevin but there are a couple of points I would make that I did not see in his reply. Mileage is one. If you are taking a job that requires 25 or 30 thousand miles a year then leasing might not be a good choice.  If you build the miles into the lease the payment would be huge.  If you pay the mileage at the end you would owe a fortune.  My opinion is that if your driving up to 20,000 miles a year, leasing probably works but build in the miles or at least some of it.

Secondly, don't accept a lease over 36 months.  In the first 36 months most quality vehicles will require only oil changes and are under factory warranty.  No tune ups, mufflers, brakes, tires. Usually your only expense in the first 36 months is basic maintenance and you get a new car at 36 months so your vehicle always looks good.

One other point is that with all the changes in the auto industry, the resale value of the unit can be the biggest cost.  Market, reputation and repair record can have a huge effect on what you get for a trade in value or how hard it is to sell, if you sell your own car.  If you are leasing, resale value isn't something you need to worry about. It is a concern of the leasing company. not you.  My vote is for leasing 36 months or less.  If you are buying, plan on keeping the unit 8 years.

tia saraceno said:

Kevin, Thank you for your feedback, it is similar to what my Dad has told me. I am meeting with several friends today to share the feedback we have received from the Auto Experts on this great site. I have been very fortunate to have Father activity involved with my vehicle selection and funding.
Unfortunately most of my friends are lost when it comes to making an Automotive purchase.
I am sure we will have more questions in the future.



Kevin Bradberry said:

Lease because you're young, fickle, unsure, and will want the newest model about 6 months after you've been driving this one. At least if you lease for the shortest lease term that makes sense you only have about 2 and half years to go before you can turn it in. So this will also teach you patience. Plus, you're Daddy's little girl and you NEED a car that's not going to leave you stranded ANYWHERE EVER!

So, new car always under warranty, no unexpected service bills for Dad, no unsafe road side hazards for daughter. Not to mention, your last name looks familiar, so I'm sure your Pops can drum up one heck of lease payment for you with a residual enhancement, sign and drive, no inception fee, short term lease,with leather and a sun roof that "residualize" in the least term. 720 beacon score is no problem I'm sure, so There you go... It's lease then...... and If Dad tries to high gross you, I have about 1,200 other dealer client friends who would like to do a courtesy delivery at his dealership for you. LOL..............kidding of course!