Originally posted by sseagroatt:
SUPO,
I just leased a 1999 NSX Zanardi Coupe from Clarence Foster @ 800-759-8880 ext#208. I have now leased 3 cars from Clarence because he is honest, knowledgable and has excellent follow-through.
Does this particular Clarence advertise in Dupont Registry's Auto Magazine.
Pretty unique name, and I happened to work with someone named Clarence out of Dupont on some figures. Decided not to lease used for obvious residual reasons, but he did have good follow through and financial information.
Instead of leasing, maybe look into a Balloon loan. This is how they do 8 year financing. You run 2 four year loans.
ex. buy an 97 or 98 NSX for $50k with a four year loan, where at the end of the term you still owe $30k. If you still have the car after 4 years, run the next four years so that at the end of the term you owe $0. From what I remember you could propably even set what you owe after 4 years to a higher amount ($40k or so) for an even lower payment (less paying on the principle, mostly interest.)
You probably wont have the car in four years, but IT WILL probably be worth $30k, so you can get out of it ok. This would keep you with a noticably lower payment and no penalties for breaking a lease.
BIGGEST DRAWBACK: Typically the interest rate is not nearly as competitive as a 5 year term. (probably 2.0% higher.)
Just throwing this out there....