I’m new to the forum and searching didn’t turn up anything recent or relevant. I have a car that I’m getting ready to give to my teenaged daughter. I owe about $6,000 on it. I plan on paying it off and am hoping to find either a Rav4 XLE premium with tech package or an XSE Hybrid. I’d also consider a Venza XLE or a Highlander XLE Hybrid. I have a grandchild on the way and plan on a few road trips to NY. I’d need at least 12,000 miles a year and possibly 15,000 to be safe.
The plan is to lease now and possibly purchase at lease end. I could put down about $3,000 at signing to lower payments. I would really like to keep the monthly payments around $400 but I could go as high as around $475. My credit scores are around 630-639 at the moment. I’m hoping to do this by the end of March. My question is, It this a realistic expectation? I’ve mainly focused on the Rav4 Hybrid because it has a lower MSRP. Any help is appreciated.