mcklovin77
Well-Known Member
I wouldn't recommend putting any money down on a lease, unless you can put 50% down. If you only put 2k-4k down and you have 300-400$ a month payments, it's a losing strategy. Put 0 down and deal with the 600-650$ a month payment.(600×12=7200/ 7200×3=21600) ($400×12=4800/ 4800×3=14400) you dont want 20000$ left over when you can have 12000$. Its all a numbers game depending if your going to turn it in or keep it. I would say put the money down if you know if your just going to turn it in. Put no money down on a lease if you plan on refinancing it for 3-4 years after the lease is up.Traded my 04 Prerunner for 2015 double 4x4 leased it as a certified vehicle, used trade as down payment, leasing a certified keeps payments down just make sure your residual is acceptable and buy it outright when the time comes or give it back at the end of the lease. Not for everyone, but since you asked, that's how I kept my payments manageable