Originally posted by Escort1991:
If you decide to trade it in, they are going to screw you over and you probably be flipped in payments. What I mean by flipped is: You won't get enough money to payoff your loan, therefore the rest of that will be carried over to you new loan, which this case will be a lease. Your payments would be higher than normal.
I am a little sketchy on how old you are, but I'm guessing in the age of 16-19ish(correct me if I am wrong). If your still in high school, don't lease it, just for the main fact that other kids are careless and don't give a sh*t about the car next to them(giving you a nice little door ding). If you have dents or unusual wear to the car(dents, scratches, etc), the dealership will charge you for it. Also, if you ever wanted to mod your car you couldn't, because it would void the warranty, hence you would be subject to overcharge on the lease. Thats enough about leasing.
If you buy a NEW car, you are still under warranty for 36k or more. You can buy an ESP for the car and have it 75k or more. It's YOUR car and you would be able to mod anything on the car you wanted. Remember it's YOUR car, not anyone elses.
I would actually buy a NEW transmission and then drive that to the ground. Our cars have horribly resale value, causing the low trade in value. One other thing before I am done, don't even look at Kelly Blue Book. because the dealership will hardly go by it. It's not worth arguing either, because then they are less likely to deal with you on the car.
Alright, thats enough for now, if you have any questions, ASK!!!!! I did work at a car dealership for a while.
I am actually almost 22. I like the Tour, but I find it REALLY hard to put over 2 grand worth of repairs into it. I have contacted the dealer I bought it from 9 months ago and there going to "see" what they can do to give me some kind of satisfaction.
I under stand about leasing, and I am basically renting a car for 3 years. My parents have been very happy with leasing, they leased two Blazers. First Blazer they leased was a 97, turned it in scratch on the fender and a dent. GM did not charge them a dime for them. I will be building no equity into a Focus what so ever if I lease it to, but if I was to finance a car for 48 months, what equity I am building there, I would probably dump it after 3 years anyway. In that case I would still be backwards most likely in it. I am not a big into "MODS" hell if I did any of those things when I financed it Ford would void the warranty (correct me if I am wrong). I mean the only change I made was the stereo, and I can live with the standard CD player in the Focus. After this I have really kind of begun to dislike the Contour, I mean I should have not gotten a car with that many miles on it to begin with.
