Question about buying/leasing a car!

I made this exact same thread about 6 months ago, right before I chose to lease a 2007 Civic. Personally, I think leasing is a great idea if you don't have any kids to pass the car on to at the moment. You get a brand new car that, while you don't own, you don't pay much for. I'm paying $228 a month for the Civic.

On top of that, service to the car is much cheaper than it would be, since it isn't YOUR car, it's Honda's. Most of the service is covered in the lease, minus a few things here and there.

The only negatives to a lease are the mileage restrictions and the fact that you need to hand the car back in after 3 years. If you can be conservative with your mileage, or just lease the car for more money and get a bigger mileage allowance, you should be fine. My monthly rate covers 12,000 miles a year, or a 36,000 mile lease.

If you go over the mileage, you can get screwed for the cost (20 cents per mile over the limit I believe it is), but if you choose to buy the car out after you lease it (which IS an option), you aren't penalized for it. Buying the car out is a decent option because you'll be getting a 3 year-old car that you've had for a fairly reduced price, and although Honda is the big winner in that scenario, you still aren't paying a whole lot to buy it out. I think I would pay roughly the same amount monthly to buy it out if I go that route.

Anyway, hope that helps.

Jam it back in, in the dark.

Should be. Check with Honda or whoever you lease from to find out, but it should be no problem, as long as you can return it to the manufacturer's dealership.

There's nowhere I can't reach.