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View Full Version : I need car for 12 months. What can be my choices?


umpark3
Apr 10th, 2009, 11:28 PM
Need a car only for a year.. what can be reasonable choice??

jedijome
Apr 10th, 2009, 11:40 PM
buy a second hand car, use it, sell it.
you shouldn't take a huge hit, because most of the depreciation usually takes place in the first couple of years.

something like a civic, corolla or camry would probably be your best bet.


that would be my guess at least.

umpark3
Apr 10th, 2009, 11:42 PM
is it possible to lease a car for 12 months these days??

VivienM
Apr 10th, 2009, 11:47 PM
is it possible to lease a car for 12 months these days??

A NEW car? That'll be INSANELY pricy...

I agree with the above posters: get a used Civic/Corolla (or maybe Camry/Accord), sell it after a year.

JiffyPB
Apr 10th, 2009, 11:50 PM
buy a second hand car, use it, sell it.
you shouldn't take a huge hit, because most of the depreciation usually takes place in the first couple of years.

something like a civic, corolla or camry would probably be your best bet.


that would be my guess at least.

This is sound advice. A 12 month lease (if such a thing exists) would be deadly expensive. A 3+ year old car bought for one year would probably cost you $1000-$2000 tops (depending on initial value) over the year in depreciation, once you sell the car. Far better choice.

MP3_SKY
Apr 10th, 2009, 11:51 PM
is it possible to lease a car for 12 months these days??


You can sub lease one. Check leasebuster

VivienM
Apr 11th, 2009, 12:36 AM
This is sound advice. A 12 month lease (if such a thing exists) would be deadly expensive. A 3+ year old car bought for one year would probably cost you $1000-$2000 tops (depending on initial value) over the year in depreciation, once you sell the car. Far better choice.

Depreciation isn't the only cost. There's also taxes (8-13%), etc...

Noob1ee
Apr 11th, 2009, 01:39 AM
You can sub lease one. Check leasebuster

+1,

your best bet is to check out leasebusters and take over one of the leases that have ~12months remaining.

umpark3
Apr 11th, 2009, 03:36 AM
+1,

your best bet is to check out leasebusters and take over one of the leases that have ~12months remaining.

it is good site. i checked it..
i wish im in ontario though..

careener
Apr 11th, 2009, 09:03 AM
Your other option is to buy a beater, drive it for a year then either sell it or junk it.

-=phelan=-
Apr 11th, 2009, 09:11 AM
^^ that's the way to go imho, sold 2 cars that had over 250k km on'em on craigslist for $2000

believe me it's the uber cheapest way to go and it'll keep u warm for those winter days

theops
Apr 11th, 2009, 02:50 PM
leasebuster, there are alot of cars with a few months remaining for lease (12 months approx).

CaptSmethwick
Apr 12th, 2009, 07:59 AM
I would be careful about taking over somebody else's lease unless the leasing company inspected the car and made the previous lessee pay for any unusual wear and tear. Unless the car is absolutely pristine, I would stay away - the last thing I'd want is to have to pay $ for scratches and tears left by the previous guy after I took over the payments on his headache.

Just a caution - not to suggest that the idea is to be avoided.