Hey guys,
So I posted a thread about 1 year ago where I bought myself my 2000 Volvo S40 for $4,000. Well, it's now been a year and I've spent around $2,000 on repairs and a new, expensive repair may be in the works soon. I had a talk with my folks and started thinking about leasing a car instead. The particular car I wanted was a 2015/2016 Focus Sedan. Below is the info about it:
2016 Focus S | View Focus S Sedan Highlights | Ford.com
Now, my credit is pretty good! Have had my credit card for about 1 year now and my credit limit started at $300 and is now at $1,000! Never been late on a payment and always manage my money well. Would you guys recommend I save up the down payment and lease this car? Are there any other costs? I can easily afford the $141 monthly payment which is why I am very interested in this!
Now, before you say "you need a co-signer silly", im on my own lol. Let's just put it that way. What do you guys think? Is 1 year of good credit score enough? Never missed a payment, always paid my credit card in full!
Help me guys! :)
-Alex
So I posted a thread about 1 year ago where I bought myself my 2000 Volvo S40 for $4,000. Well, it's now been a year and I've spent around $2,000 on repairs and a new, expensive repair may be in the works soon. I had a talk with my folks and started thinking about leasing a car instead. The particular car I wanted was a 2015/2016 Focus Sedan. Below is the info about it:
2016 Focus S | View Focus S Sedan Highlights | Ford.com
Now, my credit is pretty good! Have had my credit card for about 1 year now and my credit limit started at $300 and is now at $1,000! Never been late on a payment and always manage my money well. Would you guys recommend I save up the down payment and lease this car? Are there any other costs? I can easily afford the $141 monthly payment which is why I am very interested in this!
Now, before you say "you need a co-signer silly", im on my own lol. Let's just put it that way. What do you guys think? Is 1 year of good credit score enough? Never missed a payment, always paid my credit card in full!
Help me guys! :)
-Alex