Is anyone aware of any low mileage (5 or 7.5k/year) lease deals available in SoCal? I am not really picky on the make/model, etc., but would like something on the nicer end, e.g., 40k+ MSRP.
I drive less than 5k/year and ideally want a car for 24 months, but could do 36 months.
Only a few brands offer 7.5K (Audi and Acura I know of) and no one besides high end sports cars (200K+) offer 5K.
Keep in mind the savings between 7.5 and 15K is not as much as you would think. Typically 3% of RV or $1,500 on a $50K car which results in $40/month increase on your monthly cost (assume baseline $500/month).
Try Swapalease and you could score a good deal for someone with limited mileage as buying extra miles after the fact is 3x-4x more than if you did it upfront.
In the end, the major cost is the depreciation of the vehicle itself over time, less the actual mileage (to a certain extent).