#lease

Does it ever make sense to lease a car vs buy if your intent is to own it long term (buy at lease end) ?

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Does it ever make sense to lease a car vs buy if your intent is to own it long term (buy at lease end) ? I have always bought cars. Never leased before so I am less familiar. To me as I always looked at leasing as something for wealthier people. The obvious advantage is you always drive something newer. But you always have a payment and never truly own anything. So my intention is to buy a new car and I would plan to have it for many years. Obvious…

Reddit Personal Finance 937 2025-01-18

Boston NWSL team signs White Stadium lease

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Boston NWSL team signs White Stadium lease The City of Boston, Boston Public Schools, and the owners of the NWSL expansion team set to play there in 2026 have executed a lease agreement that will allow the team to utilize White Stadium as its home venue, the three entities announced on Monday.

ESPN 993 2024-12-24

Lease to Own Financing: Staying One Step Ahead

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Lease to Own Financing: Staying One Step Ahead Hey everyone. I recently paid off a loan from one of these lease-to-own companies. Since they are known for predatory lending and sending some people into a financial tailspin if they don’t pay attention, I’m going to share my experience dealing with them and how to stay ahead of the game so they don’t screw you with interest. I’ll try not to ma…

Reddit Personal Finance 484 2024-12-17

Invest more for retirement at 55 or save up for a 12 year lease?

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Invest more for retirement at 55 or save up for a 12 year lease? Hello I am 22 yrs old and I’m planning to move out by 2026. I make 2.3k after taxes and I’m not sure whether to put more money for retirement or have money for renting. I have not lived independently before and I can see myself getting more salary as I gain more experience. What should I do? submitted by /u/Atecno

Reddit Personal Finance 823 2024-11-03

Should I buyout my current lease or lease another vehicle?

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Should I buyout my current lease or lease another vehicle? I am 25 years old and currently own a Hyundai Elantra 2022 SEL with the convenience and premium package in my vehicle and was highly debating on if I should buy out my lease or should I get a new one. The vehicle has 1 more payment left before the lease is up and I got till middle of September to make a decision on what I’d like to do. The vehi…

Reddit Personal Finance 741 2024-07-27

Does it ever makes sense to lease something rather than own?

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Does it ever makes sense to lease something rather than own? I grew up in a family that adamantly believes leasing is a bad idea and one should always own their big ticket items outright (car, phone, etc). Paying off a loan is considered acceptable, like in the case of a car loan, but otherwise no one in my family would entertain having a monthly payment on something unless it’s owned. Because I was rais…

Reddit Personal Finance 1.1k 2024-07-02

Need help if I should buy out my car lease or lease a new vehicle. I’m truly stressed to make the wrong choice.

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Need help if I should buy out my car lease or lease a new vehicle. I’m truly stressed to make the wrong choice. Mazda CX5 GRAND TOURING AWD Grey, White Leather in EXCELLENT condition. I had a 3 year lease and have paid $15807 to date. I paid for 12,000 per year and here’s the thing.. I only put 16,000 miles on the car total. My buyout is $19215 without taxes. Went back to my dealer and they pushed me so hard to get a new lease and would not buy out the c…

Reddit Personal Finance 1.2k 2024-06-28

Does it make sense to lease or finance a new car?

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Does it make sense to lease or finance a new car? I’m starting out in my first real job and need to get a second car for my commute. Right now, my husband and I share a car that was purchased in cash in 2016. Since I will be making more money, I need to get a car for my new job, so my husband can continue to use our current car. We have basically no savings from renting in a high cost of living…

Reddit Personal Finance 575 2024-06-15

Dad no longer drives his lease, pays almost $600/m on insurance, can I cancel his insurance and get my own on his lease?

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Dad no longer drives his lease, pays almost $600/m on insurance, can I cancel his insurance and get my own on his lease? Edit: Sorry, failed to mention, we’re in NY, he’s leasing a 22’ CRV EXL. Oh and Geico He’s a terrible driver and has been in quite a few accidents and thus, he no longer drives. I just did a few quotes, about $250/m on full coverage for myself. Will this be a problem as he is the lessee? One of the insurance brokers suggested I get the lease und…

Reddit Personal Finance 1.1k 2024-02-22

Is signing a longer apartment lease (18 months) that doesn’t allow you to break the lease worth $200 a month savings and no rent increases for a while?

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Is signing a longer apartment lease (18 months) that doesn’t allow you to break the lease worth $200 a month savings and no rent increases for a while? While I don’t necessarily anticipate moving, it’d be nice to have flexibility. But the nice thing about that lease apart from saving $200 a month is also in the lease it is stated they won’t increase rent before the 18 months is up. Thoughts? Would you rather take the longer lease or pay more for something like a 12 months one. submitted b…

Reddit Personal Finance 1.3k 2023-12-22

2 out of 5 people want out on a lease

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2 out of 5 people want out on a lease So I’m going to be straight up and say I do not have a lot of knowledge when it comes to leases or anything, so bare with me. Also, I live in Florida if that helps. Me and my boyfriend currently live with 3 other people in a house, the lease ends at the start of next year. Me and my boyfriend are financially stable enough to get our own place …

Reddit Personal Finance 772 2023-11-14

Advice on terminating my lease early?

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Advice on terminating my lease early? I’m currently renting an apartment and I still have 6 months into the lease. I have found a financially better living option for myself and I’m highly considering moving. With that said, I didn’t actually have any problems with the apartment itself. Again, I just found a better opportunity. My contract says that I have to provide a 60-day notice…

Reddit Personal Finance 865 2023-10-14

Roommate is terminating lease early

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Roommate is terminating lease early A little backstory, I (24M) moved to Reno Nevada in August of 2022 with a couple (48F and 42F) I had roomed with in Las Vegas prior. The house we rented is a 3 bed 2.5 bath at $2650 a month plus utilities. Her and her girlfriend made a combined 150k a year. Right now my gross pay is roughly 45k a year. I just resigned the lease with her last mon…

Reddit Personal Finance 198 2023-10-08

Should I buy out my lease just to sell it?

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Should I buy out my lease just to sell it? 2022 Nissan Sentra SV. MSRP was $23,198 after taxes and everything right around $27,000. Its a 2 year lease with 20k kms a year and I put $2000 down. My residual will be $17,463 which is much lower than what theyre selling for on the market now (24-27k). My lease will finish in December of 2024, so a little over a year from now. I know prices wi…

Reddit Personal Finance 285 2023-08-25

I’ve Got a New Lease on Life

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I’ve Got a New Lease on Life I hit rock bottom earlier this year. I was sad, sick, alone, and seemingly out of options. But I’m happy to say that I’ve got a new lease on life. I’m happier, healthier, and more social for only $8,000 a month, with 6.4% APR financing. Before, I would spend every night alone in my room. Now, I see my friends multiple times a week for only $89 d…

McSweenys 212 2023-08-24

Lease renewal mistake

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Lease renewal mistake My apartment lease was renewed back in July and I noticed recently through automatic payments that I was only charged 220$ and not 2200$. So I looked through the leasing agreement and saw that they wrote “220” in the new rental cost agreement. Furthermore, it looks like this document was already signed by me and the leasing office. How legally b…

Reddit Personal Finance 184 2023-08-21

Car lease end options and understanding residual value

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Car lease end options and understanding residual value I have a car lease ending in a few months and I intend to open another lease. I have no interest in buying out my current car or buying a car generally. I’m trying to figure out my options given: The market value of the car is higher than the residual value (let’s call this “gain”, even though it’s technically isn’t) I’ve moved to another state …

Reddit Personal Finance 150 2023-08-18

Does it ever make sense to lease a car?

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Does it ever make sense to lease a car? I have been toying with the idea of leasing and Electric Vehicle for 36/mo. It would be a second car to use to commute, 10mi, and occasional weekends. A concern of mine in EVs is battery longevity, how much will they degrade over time, and in 5 years will there be better batteries in EVs. Leasing seems to be a good option because I can just give…

Reddit Personal Finance 137 2023-08-12

Lease vs cash sanity check

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Lease vs cash sanity check I am about to buy a new mini. I was planning on paying cash, but the dealership is offering a 7500 rebate on 36 months leases which make the total $$ equivalent to buying cash. Could you please sanity check my math? Tot price cash 31895 Lease: Down : 3000 Payments: 35months x 422 = 14770 Residual value: 14033 Total cash over three years: 31803 …

Reddit Personal Finance 140 2023-08-07