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  #31  
Old 04-11-2007, 11:17 AM
Jesse Kidd Jesse Kidd is offline
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Join Date: Feb 2004
Posts: 242
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
Guess what happens if you total the car in month 1 and you put $7000 down?

[/ QUOTE ]

The same thing that happens when you own a car. I don't see what you're getting at.

Jesse
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  #32  
Old 04-11-2007, 11:19 AM
effang effang is offline
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Join Date: Jul 2006
Posts: 1,489
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
I'm graduating with a major in Business Administration and a minor in Finance from a relatively unheard of school.

[/ QUOTE ]

What kind of classes did you take? Nothing good, I hope. Or I hoped you skipped all your classes. Either way, doesn't reflect well on your "school".
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  #33  
Old 04-11-2007, 11:30 AM
RacersEdge RacersEdge is offline
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Join Date: Jan 2004
Location: Der Fristland
Posts: 5,393
Default Re: About to lease a new car, likelihood of me getting a loan?

I don't get your cash flow issue - a lease on that car should be about $1500 at signing and about $600 per month for the lease payments. Are you trying to pay for the entire lease up front?
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  #34  
Old 04-11-2007, 12:03 PM
prohornblower prohornblower is offline
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Join Date: Dec 2005
Location: learning the hockey-stop.
Posts: 8,016
Default Re: About to lease a new car, likelihood of me getting a loan?

This thread is littered with a ton of bad advice.

OP, I think you are about to get screwed.

Leasing a car is typically the most expensive way to operate it over the life. (Well, aside from 260 one-week rentals from Hertz or something).
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  #35  
Old 04-11-2007, 12:34 PM
IronFly IronFly is offline
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Join Date: Nov 2004
Location: it\'s hard out here for a pimp
Posts: 2,026
Default Re: About to lease a new car, likelihood of me getting a loan?

OP,

F the jealous haters posting in this thread. They probably all drive Hondas.

Just go to the dealership and ask the salesguy for help. You'll be driving your sweet new Beemer off the lot in no time.
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  #36  
Old 04-11-2007, 01:08 PM
gmack15 gmack15 is offline
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Join Date: Mar 2006
Posts: 105
Default Re: About to lease a new car, likelihood of me getting a loan?

If you really decided to lease the car, then the first thing you should do is negotiate the price.

You can do it with leases. If you don't, they will lease you the car for MSRP. Everybody know that you should never pay MSRP. Even if you get 1,000 bucks knocked off, still real baller.

When I am going to get a car, I acutally do most of the work online. Believe it or not, if you go through a site like edmunds.com and request a 'free dealer quote' at the end, when the dealership contacts you (phone/email) they will give you a price.

Most of the time, you can get the car at invoice, or invoice + 100 bucks.

I was dealing with a Nissan dealership trying to get a lease. Their 'deal' was like 22,900 leased. Went home and did the online quote. The e-sales guy contacted me and was like "the price you pay is invoice + 100" which was 20,193.

So yeah...online quotes are the way to go.
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  #37  
Old 04-11-2007, 01:34 PM
RoundGuy RoundGuy is offline
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Join Date: Oct 2006
Location: Buying more VO, ldo
Posts: 1,932
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
Just go to the dealership and ask the salesguy for help.

[/ QUOTE ]
Heh. And while you're at, see if the local street bum would be willing to hang on to your cash for awhile.
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  #38  
Old 04-11-2007, 02:26 PM
surfinillini surfinillini is offline
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Join Date: May 2004
Posts: 7,483
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
OP,

F the jealous haters posting in this thread. They probably all drive Hondas.

Just go to the dealership and ask the salesguy for help. You'll be driving your sweet new Beemer off the lot in no time.

[/ QUOTE ]

[censored] you, I drive a Mazda3, ngga
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  #39  
Old 04-11-2007, 02:39 PM
slickpoppa slickpoppa is offline
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Join Date: Aug 2004
Posts: 5,588
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
OP,

F the jealous haters posting in this thread. They probably all drive Hondas.

Just go to the dealership and ask the salesguy for help. You'll be driving your sweet new Beemer off the lot in no time.

[/ QUOTE ]

Hell yeah baby. Don't listen to the cheapskates in here. They are just jealous that you will be picking up hos like you're MC Hammer.
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  #40  
Old 04-11-2007, 06:11 PM
emon87 emon87 is offline
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Join Date: Aug 2004
Location: Evanston, IL.
Posts: 3,826
Default Re: About to lease a new car, likelihood of me getting a loan?

[ QUOTE ]
[ QUOTE ]
OP,

F the jealous haters posting in this thread. They probably all drive Hondas.

Just go to the dealership and ask the salesguy for help. You'll be driving your sweet new Beemer off the lot in no time.

[/ QUOTE ]

Hell yeah baby. Don't listen to the cheapskates in here. They are just jealous that you will be picking up hos like you're MC Hammer.

[/ QUOTE ]

Yeah but why go with a BMW? Porsche's are way sweeter, and not THAT much more per month.
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