[lexpro]

Me too,,,I dont like to keep a car out of warranty i would never keep a car to full term(60 mos). Even if i could pay cash I dont like to have money tied up in a car i would rather use the extra money for something else like emergencies,vacations,and investment oppurtunities. I also like to be able to better plan my future purchases and change vehicles when there is a significant change in options and styling and not have to be worried about negative equity due to economy,accident,flood, or any other damage repair that is major and the car isnt totalled(i can just drop the car off at the end of the term and pay my 250 fee). If you can commit to keep the car for 3 years and stay within the mileage guidelines set up in the contract it is the way to go....If you dont want to commit to the entire term go with the Smart buy (RBF)and if you want you can try to trade it when you want and if you are upside down you just drive your nice car a little longer and drop it off at the end of the term....Either way as long as you get a good deal(rate or money factor not marked up) on a car with a good residual the payment will be cheap and it will cost you less to drive the vehicle over 3 years than if you purchased it... for example on my truck whick i financed 54000 with no money down on a 36 mos 15k per year deal at 690$ per month... If did regular finance i would havent received the 1500 down payment assistance so i would have financed 56500 with my credit union at 5.25% for 60 months (GM best rate was 5.9) and my payment would have been $1075 per month... I saved $13860 over 3 years in MY account. Its not tied up in a truck that just imagine gets totalled and your insurance was lapsed by a freak chance of a check bouncing or not getting processed in time(your equity is gone) at least i can tell GMAC to voluntary repo it and i still have my 13k.