OT- To buy a car or not to buy a car?

(deactivated member)
on 1/29/09 3:53 am
Well currently I am leasing a vechical which my lease is up in July 09.  I am over my mileage by two thousand miles and the car no longer has a warranty.  So I was thinking today  car dealers are despair to sell a cars right now so I contact my dealership and ask what deals they currently have that will help my situation. They told me I could refinance my current truck and get a lower payment but I would have to buy a warranty or I could buy another new vechical with a lower payment .  If I buy a new vechical the dealership would try to find all the incentives they can to help me with the months I have left  on my lease.  I am going to pray on it and think on it before I go in and let them start punching numbers.  The current truck that I have I like but has blind spots that are horrible.  My husband and I both have back in to objects and had to get my truck fix and I would have to buy a warrenty so it will almost cost me the same amount as a new vechical I am guessing.  I know I will get some kind of discount if I keep the truck but I really do not know if it is worth it.  What would you do I have to have a vechical but I need a break on the high A** car payments and do not want to go over my miles anymore?
MrBaker870
on 1/29/09 6:33 am - Little Rock, AR

Yeahh looks like your in a situation.....

I suggest you stick it out and go ahead and try to make it happen w/ what you got.

Smile for me.........
taw1975
on 1/29/09 7:01 am - DFW, TX
Having worked for Ford, I can only say this...

NEVER BUY A LEASE.  A lease is the WORST possible situation you can ever get yourself into--you are renting your vehicle.

If the truck is already out of warranty you do not want it.  They are not going to give you that good of a deal to take the chance of buying a used car, high miles for an over-priced amount.

My advice would be, eat the mileage problem and purchase a brand-new car with all the incentives and most importantly a warranty.

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