Leasebusters: How do you know if a car is a good deal?

[redbulldrinker]

Does anyone have a quick & simple way of knowing if a deal on a car on leasebusters.com is good or not?

Some you see with cash incentives, but no mileage left etc.

I sometimes get the feeling that the original owner is just trying to pass their troubles on to you.

Some seem good. I run a quick check, total up the remaining payments, add the residual and compare it to the price for the same car used for cash on the open market.

Does anyone have a simple formula or tool they use?

[Vladimir]

i don't get why anyone would get a car off leasebusters unless you can get one with low KM/a lot of KM remaining, plus very good incentives.
I laugh at the cars on there that offer zero incentives, and have a fair amount of their KM used... why the heck wouldn't you just lease a brand new one instead?

[redbulldrinker]

i don't get why anyone would get a car off leasebusters unless you can get one with low KM/a lot of KM remaining, plus very good incentives.
I laugh at the cars on there that offer zero incentives, and have a fair amount of their KM used... why the heck wouldn't you just lease a brand new one instead?

I was looking at this one

http://www.leasebusters.com/en/details.asp?ID=61640

[MP3_SKY]

Go quote the same car at the dealership and see what's the difference. Maybe the seller got an amazing lease rate at the time he lease it and the rate will never go back (ie. 0.9, 1.9%, etc), then you are getting a good deal. Or look at how much down pay he put toward the lease and he much he wants them back or even how much cash they give you to take over lease.

Or look at if the winter tires are included...(that's 600-1000$) or the extra stuff that he put in.

[Engi-Nir]

I was looking at this one

http://www.leasebusters.com/en/details.asp?ID=61640

after looking an 08 CTS, why bother with an 07 model

[fireguy9]

used it twice as the person offered large incentive and vehicle was low km and only 19 months left on a perfect vehicle. Incentive was they pay fees and first 4 months of the takeover!

Have to do your homework on it. There are some great short term deals out there,

[bubble.tea]

used it twice as the person offered large incentive and vehicle was low km and only 19 months left on a perfect vehicle. Incentive was they pay fees and first 4 months of the takeover!

Have to do your homework on it. There are some great short term deals out there,

WOW...talk about DESPERATION!!!! That's WAY overkill on an incentive mind you. You really suckered those two. OKAY OKAY, don't write me any hate mail., I know symbiotic relationship...but still...REALLY desperate to offload that, when most are 0 incentive noobtacularly disconnected owners trying to find SUCKERS to take their leases without any incentive-comparatively.

[fireguy9]

WOW...talk about DESPERATION!!!! That's WAY overkill on an incentive mind you. You really suckered those two. OKAY OKAY, don't write me any hate mail., I know symbiotic relationship...but still...REALLY desperate to offload that, when most are 0 incentive noobtacularly disconnected owners trying to find SUCKERS to take their leases without any incentive-comparatively.

well if they have to get out or whatever,,,, they still saved $$ in the end as they are no longer making payments. I didnt sucker them,,,,, that was the advertised incentive.

[stevethewheel]

well if they have to get out or whatever,,,, they still saved $$ in the end as they are no longer making payments. I didnt sucker them,,,,, that was the advertised incentive.

I don't think you suckered them. They did the math, and realized that it was cheaper for them to pay 3 payments or whatever, and you took the deal.

If you drive only 10-14,000 km a year, then there are some great deals there.

[beerbaron105]

If its a 24 month lease or less, with quite a few free kms left, and some money back, that is a good deal lol

[tdott]

Payments are high, but the $4k is really attractive.

Always watch out for damages you might have to pay for when you return the lease. Car Dealers are struggling and are getting extremely picky when returning a lease.

[redbulldrinker]

Payments are high, but the $4k is really attractive.

Always watch out for damages you might have to pay for when you return the lease. Car Dealers are struggling and are getting extremely picky when returning a lease.


I understood when the lease was transferred, it is done at the dealership and th car is inspected then. The origina leasee is responsible for any damages upto that point, the new leasee after that point.

The new leasee is responsible for the mileage at the end. Some incentives I notice basically are just the added mileage, a nice try at a hoodwink by the original leasee.

The cadillac with the $4k looks pretty good. The original person got a high residual, good incentive, short term left (14 ths), so low effectove payments <$400 a month