THE SCOOP ON $0 DOWN LEASES
Published Wednesday, 19 October, 2011 by David Maurer. Categories: Finance.
Is it possible to lease a car with no down payment? Absolutely! But the monthly payment will be higher since you are not pre-paying some of the lease obligation. In general, you can expect your lease payment to increase by about $30 for every $1,000 you don't make as a down payment.
When signing the papers for a lease, you pay a down payment (or not), sales tax on your down payment, your first month's payment, possibly a security deposit (which you get back at lease-end), and any official fees required in your city, county, or state…
When signing the papers for a lease, you pay a down payment (or not), sales tax on your down payment, your first month's payment, possibly a security deposit (which you get back at lease-end), and any official fees required in your city, county, or state…