Giovanna Sherlin: It perfect for ur parent if the car it new car.
Dionna Doyel: I use the three question test to see if leasing makes sense.Do you drive less than 12k miles a year? It appears the answer to that would be YES.Do you intend to keep the car less than 4 years? In four years they may not be driving at all. Do they have excellent credit? I'm assuming that isn't an issue either. If they can answer YES to all of these questions than a lease is a good idea. But why should they go into debt for a brand new car when they can spend less and get a very good used car that they can keep forever....Show more
Melvin Nakama: leasing a vehicle is a waste of money if you go over their set mileage you pay fines for it and when the lease is up if u dont buy it off of them for what the car is worth they take it back
Serena Doak: McCoy, thanks for your answer and your great question. They don't have anything against used cars. In fact, they're leaning toward ! a used car. I just wanted to know if leasing is a viable option for them.
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