Originally Posted By: BPI
I leased a 2017 Civic hatchback for my kid in college. List price was 22,500 ( the hatchbacks are a little higher).

I paid 4k down on the lease with the option to buy in 3 years.

My kid works part time while going to school and his car payment is 125 bucks a month. So he will pay a total of 4500 dollars at the end of the lease.

At the end of the 3 year lease we will buy the car for 14,000.

22500 minus the 4k I paid down is 18,500.

18,500 minus the 4500 in payment he paid brings the total to 14,000

We basically got zero interest and everything paid in is straight equity.

It can work out if you do a little research.


The issues I can think of off the top of my head with that whole thing....

1. You will pay list price for a brand new car. Who does that nowadays?

2. Most anyone with decent credit can get zero % financing on a new car purchase these days.

3. When you buy the car for $14K at the end of the lease, do you get 0% financing? I would guess no, but I suppose I could be wrong.

4. $14K financed over the remaining 2 years of a "standard" 5 year car payment plan even at 0% would be $583/month. If you don't get 0% on what is not a "used" car, the payment goes up from there.

"You think I care? Roll Damn Tide"

Have you tried Google?