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What do you care? Leasing is all about payment and term. Pick whatever payment you're comfortable with, and if you get it, who cares how they got there?
And the point still stands that you do not need to come up with any money out of pocket at all to do a lease.
I don't. But you are making it sound like lenders will magically waive the drive off fee when they are just adding it on to the payments. But most banks will not do this, even if you have great credit. VW sometimes offers "sign and drive" but that's rare.
I don't. But you are making it sound like lenders will magically waive the drive off fee when they are just adding it on to the payments. But most banks will not do this, even if you have great credit. VW sometimes offers "sign and drive" but that's rare.
In my experience, if you have above a 700 or so, banks are fine waiving / deferring any and all fees. But you miss the point. Pick a number for payment and term. Find a dealership that can meet your terms. Who cares about the fees and what happened to them? If you got what you wanted for payment and duration, what does it matter how they got there? That's the best part about leasing if you get to return the car at the end. All that matters is making sure you have the possible lease payment during that term.
What game? Every lease contract specifically states higher insurance requirements.
Not every lease contract does, and those minimum requirements aren't necessarily "higher." For me, they would actually be lower than what I maintain anyway. But if your general insurance limits are so low that those requirements are a drastic increase in cost, then you should reevaluate your insurance anyway.
Not every lease contract does, and those minimum requirements aren't necessarily "higher." For me, they would actually be lower than what I maintain anyway. But if your general insurance limits are so low that those requirements are a drastic increase in cost, then you should reevaluate your insurance anyway.
It doesn't matter what you carry. The point is that majority of lessors contractually require the lessee to carry a higher limit than if they were financing.
The state minimum in some states is as low as 15/30/5. 100/300/50 would obviously mean higher premiums which was my point. The rest is irrelevant.
It doesn't matter what you carry. The point is that majority of lessors contractually require the lessee to carry a higher limit than if they were financing.
The state minimum in some states is as low as 15/30/5. 100/300/50 would obviously mean higher premiums which was my point. The rest is irrelevant.
I'm not sure why you would carry the absolute minimum on a new car anyway.
I'm not sure why you would carry the absolute minimum on a new car anyway.
If you have a large cash reserve, 100k/300k/50k coverage isn't necessary. When's the last time you needed that much coverage? Probably never. It's just not worth the extra $1000 to me. Wouldn't even carry insurance if it weren't illegal.
If you have a large cash reserve, 100k/300k/50k coverage isn't necessary. When's the last time you needed that much coverage? Probably never. It's just not worth the extra $1000 to me. Wouldn't even carry insurance if it weren't illegal.
Driving home the other night, I passed or was passed by no less than 20 cars that all cost well over $100,000. I prefer to maintain high limits in case some moron in a brand-new S600 has an accident with me.
Driving home the other night, I passed or was passed by no less than 20 cars that all cost well over $100,000. I prefer to maintain high limits in case some moron in a brand-new S600 has an accident with me.
They're gonna have to prove that I was at-fault which would be difficult since I drive defensively and have a dash cam.
If you have a large cash reserve, 100k/300k/50k coverage isn't necessary. When's the last time you needed that much coverage? Probably never. It's just not worth the extra $1000 to me. Wouldn't even carry insurance if it weren't illegal.
We are all impressed with your wealth.
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