Quote:
Originally Posted by 530iDriver
Could anyone elaborate for me why is it a good idea to put cash down in excess of $5K - $6K for a car that technically is not yours and would have nothing to show for at the end of the lease?
I though financial advisors argued against putting down thousands on a lease which essentially is a long term rental...
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It’s not a good idea to do so but some people feel better with the idea of a future lower payment by risking their cash at inception.
Also, you have a lot to show for leasing a car. First, you save on the depreciation and you could buy the car if you wish to.