Quote:
Originally Posted by Rick Lee
Should I bother with a trade on a lease? I have read it's a bad idea to put money down on a lease, since you'll not get it back if you total or lose the car early on in the lease.
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I wouldn't do a trade. Dealers seems to be offering the lowest auction price for the car you are trading. In my experience, the days of KBB, Edmunds, etc, are over. My wife was offered 9K for a 2008 MBZ ML350 with 80K on the clock. Absurd.
I don't put down cash either, that's why I negotiate the best deal and lease on that amount. I am usually out the door for sec deposit, first month payment and taxes. I waste no time with finance and the add on crap. Nip that at the bud....