HI!!
I wanted to ask some of you about lease-takeover...
I was looking at the new cars, specifically a leased offers...
I looked at 2014 lexus IS and acura TL for their lease offers(in Los Angeles area) but while their lease offers were low in monthly and down payment but I don't think i have the sufficient credit history(thin) to make that work for dealers...
I do have good income to cover most expenses but I don't want to purchase...
So I heard about the lease take overs but it looked really good..
My question is... do i really takeover/carry on the payment and that is it? or do they run credit check? if my credit history is problem, do i have to make down payment or have high monthly payment?
if this doesn't work out, i guess i need to make purchase for inexpensive vehicle..
here is the info on one of the car that i am interested in...
2014 Lexus IS 250
Actual Miles:
3,504 miles
Total Miles Allowed:
30,006
Miles Remaining:
26,502
Available Miles:
1,152 miles p/month
LEASE DETAILS
Contractual Lease Payment: $350.00 p/month
Advertised Payment: $350.00 p/month
Months Remaining: 23 months
Original Lease Term: 24 months
Lease End Buyout: Contact Seller
Lease End Date: July 2016
Excess Miles Charge: $0.25 per mile
http://www.leasetrader.com/2014_Lexu...0_209518.xhtml
thank you all!
I wanted to ask some of you about lease-takeover...
I was looking at the new cars, specifically a leased offers...
I looked at 2014 lexus IS and acura TL for their lease offers(in Los Angeles area) but while their lease offers were low in monthly and down payment but I don't think i have the sufficient credit history(thin) to make that work for dealers...
I do have good income to cover most expenses but I don't want to purchase...
So I heard about the lease take overs but it looked really good..
My question is... do i really takeover/carry on the payment and that is it? or do they run credit check? if my credit history is problem, do i have to make down payment or have high monthly payment?
if this doesn't work out, i guess i need to make purchase for inexpensive vehicle..
here is the info on one of the car that i am interested in...
2014 Lexus IS 250
Actual Miles:
3,504 miles
Total Miles Allowed:
30,006
Miles Remaining:
26,502
Available Miles:
1,152 miles p/month
LEASE DETAILS
Contractual Lease Payment: $350.00 p/month
Advertised Payment: $350.00 p/month
Months Remaining: 23 months
Original Lease Term: 24 months
Lease End Buyout: Contact Seller
Lease End Date: July 2016
Excess Miles Charge: $0.25 per mile
http://www.leasetrader.com/2014_Lexu...0_209518.xhtml
thank you all!