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Jeom049 OP t1_ja5g7t2 wrote

Reply to comment by StandardJump3058 in Is this a Good Car Lease deal? Toyota Corolla LE 2023 by Jeom049

What other car lease brand would you recommend, we just need transportation for 3 years and not want to worry about repairs, and or being heavily upside down

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Greenmantle22 t1_ja5r8x2 wrote

You seem fixated on not being upside-down. This is very easily avoided with Toyotas. And if that’s not enough, you can put down a down payment and finance it.

Leasing a car virtually never makes financial sense. It’s a waste of money, no matter what your preferences might be. This sub won’t give you the kind of back-slapping supportive advice you might wish to see.

Your leasing arrangement seems mathematically sound. But that doesn’t make it a wise thing to do with your money.

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Jeom049 OP t1_ja5s7hn wrote

>Your leasing arrangement seems mathematically sound. But that doesn’t make it a wise thing to do with your money.

Thank you, I'm on a mission to provide my family with the best life possible. I know I will give my wife a better car once I'm doing well so I just don't want to lose unnecessary money when I know I won't keep the car for long. Thats why in my post I ask what are some other brands I could look at. I just want transport for her with no need for repairs or headaches. I might look at kia or hyundai as Toyota is higher quality=higher price.

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Greenmantle22 t1_ja5sz66 wrote

And that’s admirable. We’re not trying to insult you.

But we ARE trying to encourage you to broaden your thinking a bit. You can give your wife a good car AND make a smarter financial choice than leasing. You can find a gloriously pristine and very gently-used car that still has a solid warranty and won’t give you any trouble for three years. These cars are tough to find, but they are worth all that effort when you find one. Good places to start might be cars that were leased and returned, or something Certified Pre-Owned. CPO cars are deeply inspected, and are basically as close to new as you can get for a solid used car. Other people have good luck with former rentals, which tend to be maintained meticulously by a corporation (with records to back it up).

Get your wife a solid car, and it will last her a lot longer than 36 months. You know what feels even better than a “nice” new car? One that’s paid-for, clean, and runs like a top. That way, you two can start building your real future, and not be bogged down by endless payments on a rolling depreciating asset. Spend your money on a house, on vacations, on a life. Give her THAT kind of nice.

And whatever you do, stay away from Nissan and Fiat-Chrysler. They won’t even last you 36 months.

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Jeom049 OP t1_ja612wg wrote

"And whatever you do, stay away from Nissan and Fiat-Chrysler. They won’t even last you 36 months." Hahahah that cracked me up

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Jeom049 OP t1_ja61j1t wrote

Thanks so much, I do believe the last part you said. That's our plan. To be honest a lot of it is speculation and future income hopes. I know how it sounds.... However I did pretty well financial selling cars and I decided to go in Different path. If everything goes as planned I will be able to give her that life and more with a way better car, even if I have to do payments (I can say I know how to control my budget and do "wise" purchases when it comes to cars) Buying a car right now out right is the best decision, unfortunately I don't control interests and I don't feel comfortable gifting her a car right now.

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Jeom049 OP t1_ja61os0 wrote

Even if it's not Toyota Corolla finance. What else can I look at that's way better, in the chance I want to change the car 3 years from now, to hopefully get a lower payment now (new)

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StandardJump3058 t1_ja5gwyh wrote

I'd suggest a Honda or Toyota, but as far as 3 year leases go, you're safe with most choices that aren't luxury brands. I used to check out common issues on carcomplaints if you want to dig deeper.

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