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No 03 leases sorta'... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Mon, 16 Feb 2004 15:07:50 In Reply to: I'll try again..., Bob, Mon, 16 Feb 2004 07:32:43 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Technically speaking you can lease an '03, it's not impossible, just not practical as an '04 leases for less.
By the time you kick the miles up to 20k for a lease (an extra $62.50 a month at 36 months!) a purchase will be even closer. Consider going 66 or 72 months to make them virtually identical.
There was $2k more incentive at the end for an '03 then there is now for an '04. In order to have gotten that extra on an '03 the car needed to be put in service and the warranty started and probably registered too, making it a used car, not very used though. For the short term a year newer car will be worth more than the $2k, in the long run not.
An '03 that has been put in service or is used won't qualify for owner loyalty, so you'll get an additional $500 towards a new '04.
If you're fond of that sport/cold '03 purchase it! If it's not the options and color you want you wouldn't be hurting yourself with an '04.
posted by 63.197.222...
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