It's not an issue of being able to afford anything.

There are a few reasons why I won't buy another car for a long time.

1) I'd like something new every 3 years without the hassle of trying to sell a car
2) I can write it off
3) I'd prefer to invest my capital instead of having it sunk in a down payment on a car

 

I did the '05 lease and put down $2500 with $299 plus tax month . I would never lease but since this is my weakend car it makes perfect sense for me .

 

Just got back from the stealership.

They gave me a ballpark figure of 2-3000 down, mid 300's per month.

They would have given me some more concrete numbers, but I'm not ready to sign the papers for at least a week or two.

Thanks again for all the input.

 

my 05...i pay 330 dollars a month with 15k miles a year ...2500 down
(3 year lease)

 

end of year lease special on 05

2k down 370/mo OTD
12k year mileage
around 19k residual when done. will probably buy and sell it at lease end

 

I was lucky to have hit the deal at the end of 2005.

Zero down - $385 for 36 months

Please warm up soon !!

 

Just as another data point, for some reason lease deals here in the NE are terrible right now. Residuals on a 36 month lease are right around 50%, making lease payments with no money down except for inceptions about $510. Looks like I'll be waiting a while to replace my '03 coming off lease.

Dave

 

I did the same deal, 3600 down, 325 a month, 19.8 residual, probably will buy and sell at the end of the lease, or allow my brother to buy it from Honda for the 19.8. I only drive the car on the weekends so the lease makes perfect sense for me, I have like 11k miles on it and am 18 months into the lease.