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jnico
LIF Adolescent
Member since 10/05 798 total posts
Name:
Joanne
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Smart Buy
Does anyone know the difference between a smart buy and a lease on a car?
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Posted 10/10/06 8:46 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Faithx2
All good things in 2016!!
Member since 8/05 20181 total posts
Name:
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Re: Smart Buy
With a smart buy you get the title of the car and can turn around and sell it.
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| Posted 10/10/06 9:30 PM |
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Nicole728
My Happy Girl
Member since 7/06 8198 total posts
Name:
Me
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Re: Smart Buy
DH has a smart buy on his truck...he has the title, can sell the truck if he wanted too...but he has the low lease payments
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| Posted 10/10/06 9:31 PM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name:
Jennifer
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Re: Smart Buy
With a Smart Buy you can
!) turn it in at the end of the lease term
2) pay it off at the end of the lease term
3) keep paying the same payments
4) refinance the balance at the end of the lese term
Yur payments are higher than traditional lease payments, but lower than finance payments.
This is what we have on our Jetta. We knew we wanted to own the car, and it gives us lower payments now, and then after 3 years, w'll hopefully be in a better position to refinance and pay the rest off
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| Posted 10/10/06 9:32 PM |
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