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Old 04-22-2009, 09:28 PM
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Thunder22 Thunder22 is offline
Wait... what?
 
Join Date: Apr 2005
Location: LI/TX
Posts: 11,160
Thunder22 is on a distinguished road
putting money down on a lease is a big no no.

The main reason is that all you're doing is making extra payments!

Say you put down $5k and the monthly payment is $650, you've just paid an extra 8 months of payments! the offset in interest is trivial.

Don't do it. It's a waste of money.
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