Hey whats up guys I was wondering how much do u guys pay for financing or leasing a month? thanx.

 

really depends on how much you finance. i wouldnt lease. just me...

rule of thumb for typical 60 mo (5 year) loan

every $1000 finance is TYPICALLY round $20 in payment..
and typically tax and license is bout 11% of selling price.

you can use that to help you find out how much you are going to be financing

 

Finance thru USAA @ 3.9% - deposit of $5000 - monthly payments are around $220

 

If i remeber correctly when a dealership tried to sell me a hot lava automatic, that stickered around 16,000 lease was like 320 a month (500 down) 300 w/ 1000 down. That was with 15000 miles a year. Also looked at a silver stick w/ just a few options and it was like 280 a month with 500 down. This was assuming Tier 1 level credit. Thats the lease deals if I remember correctly.

I ended up purchasing mine(5spd) because I got a hell of a deal and an amazing interest rate!

I put down 500 and I pay 300 a month and this was thru toyota.

Good thing is that the price of the car is the same at every dealership. Just some dealers may give you a better interest rate. Good luck!

 

Lease if you are planning on driving less than 15,000 miles during the 24-60mo Lease Option. And also plant to have money to fix little dents on the Box during the 24-60months. And if you want another vehicle after the 24-60mo term.

I went with financing.

More indepth info can be gathered here:http://www.scionsolutions.com/possess/buy_lease/

TO check your credit score (you have you pay), Scion/TFS links you to:
www.myfico.com

To check your Are/Zip code's TFS financing availability go here:
http://www.scionsolutions.com/posses...retail_buy.jsp
It went up for the 700+ people. Mine was 4.1% no it's 4.20 for my zip code. Greenspan kinda increase rates booooo

 

Price is not always at the same at every location. If a dealer wants to change the price, they have to make sure the price is highly visible on their website, on paper, in the showroom. If they do this, the price will be higher than Scion.com

Price it at Scion.com. Make sure you write down Scion.com's price on accessories (although you are better off buying online). Walk the information around to the dealers. Make sure the prices you see on the window is the same on the Scion.com printout.

 

Whats the difference between financing and leasing? I want to buy the car, and stick with it for the rest of my life. Which one should I pick. Also, I am going to be putting A LOT of mileage on it.

 

If you want to keep the car you would want to buy (finance) it. When you finish the payments you own the car. When you lease, when you finish up the lease time you have the choice of buying the car outright (more payments or balloon payment) or turning the car in.

Hope that makes it a little clearer for you.

 

leasing a car is paying to borrow it for a period of time lets say 36 months,they will allow a specified number of miles lets say 15,000 a year=45,000 then charge you for overage per mile lets say 15cent per mile,if you drive 450miles a week x 156 weeks=70,200-45,000=25,200x.15=3,780.00 dollars you owe them at the end of your lease plus whatever damage they can dream up,

 

MY gf's been through 3 leases. A Solara, IS300 and soon, a tC (for me, i mean). Leasing or financing, I would be paying roughly the same amount at the end to keep the cars.

I lease because I can get away with lower monthly payments. The extra money is saved up and used to buy-out my car at the end of the lease. Or dropping it into a nice CD/savings wouldn't hurt.

Of course, I can just finance and either A) pay a down to get the same payments or B) make higher montly payments. Either way, I would pay roughly the same amount.

So with my tC, I'm either gonna payup ~$5,000 for a down and finance or pay ~$5,000 at the end of my lease to keep it. Of course, this is not for everyone!