Modding a Lease
New Member
Joined: 06-09-06
Posts: 140
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From: PA
It depends on your rating and/or your financial institution. I actually got a LOWER lease rate than I would have by financing the whole thing. In the end, the time frame will be the same, but I will have paid less overall. It varies from person to person.
As for making mods...if you intend to purchase the car in the end...it doesn't matter what you do. The comment was made that you don't OWN the lease...but you do OWN the full financed car. Not true! Miss a few payments, have it repo-ed and see how much "ownership" you have. And guess what...all of the mods are gone along with it!
The bottom line is, if you are going to lease and then trade it back...keep your mods simple. If you WANT the car for the long haul, pick either the lease or outright purchase based on what will give you the best deal...either way...mod to your heart's (and wallet's) extent.
As for making mods...if you intend to purchase the car in the end...it doesn't matter what you do. The comment was made that you don't OWN the lease...but you do OWN the full financed car. Not true! Miss a few payments, have it repo-ed and see how much "ownership" you have. And guess what...all of the mods are gone along with it!
The bottom line is, if you are going to lease and then trade it back...keep your mods simple. If you WANT the car for the long haul, pick either the lease or outright purchase based on what will give you the best deal...either way...mod to your heart's (and wallet's) extent.
New Member
Joined: 07-16-06
Posts: 179
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From: Hayes, Va
...I could never lease a car - I'd end up screwed - I put way too many miles on a car in a year... 25-30K easily...
...I just think when you lease you're just getting screwed - but that's just how I see it... if you like to lease power to ya...
...But I liked the idea of buying mine out right... hell if I can get the financing for it with the interest rate I got without leasing, or a co-signer - why the hell not?...
...I just think when you lease you're just getting screwed - but that's just how I see it... if you like to lease power to ya...
...But I liked the idea of buying mine out right... hell if I can get the financing for it with the interest rate I got without leasing, or a co-signer - why the hell not?...
Thread Starter
New Member
Joined: 07-11-06
Posts: 22
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From: Scranton
Originally Posted by snarkee
maybe some people lease cause they get bored of a car....or they want a smaller payment
I lease because i get a new one every 2 years....this way I can afford more of a car, have lower payments, and give it back in exchange for a new one
I also mod my lease, but the key is not to go overboard...stage 2, exhaust you wont have a problem with
I lease because i get a new one every 2 years....this way I can afford more of a car, have lower payments, and give it back in exchange for a new one
I also mod my lease, but the key is not to go overboard...stage 2, exhaust you wont have a problem with
yeaah i leased mine so i didnt have to pay so much monthly and if i want, ill upgrade my vehicle at the end. i didnt want to get too crazy. like i said: k&n intake and stage II. im sure that wont be a big deal
Senior Member
Joined: 05-29-06
Posts: 1,519
Likes: 1
From: Glen Ellyn, Illinois
Originally Posted by DJMKAFKA
I Got My Lease As Well... Plan On Buying The Car Outright When It Comes Time For It.
Originally Posted by mugencivicsi
im on a lease i wont let them take it back
im definatley buying it when im done
im definatley buying it when im done
Originally Posted by senior_brown
actually, it works out cheaper for me to lease and buy back then to purchase finance
Originally Posted by 06black
i dont plan on returining it back to stock...just roll the payments from the lease end to a bay..simple.
Senior Member
Joined: 06-07-06
Posts: 1,425
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From: Brampton, ON, CANADA
Originally Posted by css9450
Let's make this thread a sticky and see who actually buys their car back in 3 years instead of getting a new Evo 10 or whatever is available by then.
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