How to lease a car (down payment, security deposit)?
Leasing is a great way to get a lot of car for not a whole lot of money. Remember when you lease a car you are basically renting it. In effect you are only paying for the portion of the car that you use. (miles and years) When you return the car, you will lose any cash that you used as a down payment. Security deposits are rarely returned, and will likely go towards reconditioning. As you probably know, in a lease when you turn the car back in you must pay for any excess wear and tear. Examples of excess wear and tear are a missing manual, missing keys or remotes, scratches over a certain size or length, dents, stains, tears or burns inside the car. You will also have to maintain the care to the letter on the scheduled maintenance for oil changes, filter changes, etc. Otherwise they can charge you for not taking care of the car properly. At any rate, the $4000 or $5000 down they want down is just to get your payment to that $250 a month mark. Is this what they are advertising (250 a mo
