So I’ve been on this forum quite awhile and I’ve noticed extremely great deals. But I can’t seem to shake off that some payments are high. I mean $600 payment on a lease? So makes me wonder how much do you make a year to pay for such high monthly leases? Just a thought, not trying to be weird.
Edited this post For ppl to put a percentage of their income.
But, that is weird. Mods let’s close this one down.
Agreed this is odd. And I’m certainly not providing any of the requested info. But the average new car purchase is somewhere in the mid 30’s. Take out a 72 month loan with a low interest rate and you’re right around 600/mo. After 3 years you will still owe about 55% on the loan should you want to sell at that point. So would you rather buy a nicely loaded Camry or lease a Mercedes e class of bmw 5 series for the same money?
Yeah it’s a weird question but with a mortgage and debt, to me such a high payment is not feasible.
There’s a semi similar less demanding of people to post their annual income thread: Income to Lease Payments
Thanks, it wasn’t just a thought