yu@uiucdcsb.CS.UIUC.EDU (12/08/85)
Does anyone in the netland have the experience of leasing a car?
I was thinking about buying a new car or a "new" used car for commuting
to work after I graduate (Should be within a couple months.) However, being
a poor student now, I really can not afford the kind of cars I like to have.
A friend suggested me leasing a car so that I would not need to worry about
tradein when I could afford a better car in the future. Without having
much idea about leasing a car, I have the following questions :
1. What are the pros and cons of leasing a car as compared with
buying one?
2. What are the hidden costs involved behind the ads? I noticed
that the prices could differ more than 100% even in the same area.
I can't believe that there is such a nice dealer gives a 50%
discount. So what are the tricks?
3. What is a reasonable price for a medium size car, say an Olds
Ciera or a Buick Century?
4. What are open end and closed end contracts?
Any answer or information will be greatly appreciated.
M.L. Yu
...!{pur_ee,ihnp4,convex}!uiucdcs!yu