Submitted by Jeom049 t3_11cuwf3 in personalfinance
landmanpgh t1_ja5gj61 wrote
Reply to comment by Jeom049 in Is this a Good Car Lease deal? Toyota Corolla LE 2023 by Jeom049
None of them are good. They are varying degrees of terrible, bad, and less bad.
If you're trying to improve your financial situation, buy a less expensive car to drive for a few years. Doesn't have to be a piece of junk. It can even be new, especially since used prices are high.
But if you put nothing down and hold it for only 3 years, yeah you're probably going to be upside down unless you just get lucky.
Jeom049 OP t1_ja5gppd wrote
We just care about payment, the lowest possible we can get for temporary transport with no worry of repairs or upside down. Lease seems like the best option so far as I can sale the car back to the dealer
landmanpgh t1_ja5j2rq wrote
Yeah if that's all you care about, sure. It's just the most expensive way to drive a car other than literally renting one.
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