Gallardo Leasing Deals??

Yep that is a purchase. Miles are not an issue until that balloon payment comes due and you go to sell the car and you are underwater by a bunch because of all the miles you put on it. This is sorta structured like a lease but the bank has no residual value risk.

 

Don't forget the sales tax!!

 

sorry to dig up an old thread, but I was very interested in leasing a Gallardo but my credit is less than perfect.. im assuming that everybody who leases has stellar credit scores or is it possible to just make a larger downpayment/security deposit instead??

 

Not sure that I have much to add to this question but in 'regular car' leasing you can generally come up with larger security deposits to entice the bank to buy the lease...albeit at a higher rate also...why not put off the purchase until you can get your credit back on track?

 

Thanks for the quick reply Buzz48317, to answer your question my credit has took a pretty bad beating about 5 years ago when a friend who borrowed my car wrecked it.. his restitution for hit and run was to pay back me who would in turn pay off the financed car.. well long story short he ended up violating his probation and never made restituion and....

sorry looks like i got off track..LOL! anyways in 2 more years that little incident will be off my credit report and so I would rather wait 2 years than have to pay off a huge debt! Does this make sense?? Im no banker but I think they should not even have to check your credit if you are paying cash for a 2 year lease.. almost like buying a $200K car for $50K but with the legal obligation of returning it in 2 years, and this way the bank is not responsible for collecting any payments!!

somebody please pinch me if I am indeed dreaming.. LOL !!