re: Car-Leasing basics; what do I need to know?

A car is an expense, not an asset. Unless you plan to drive the car into the ground, then lease. Smaller note, get a nicer car and at the end of three years you’re not upside down in a car because of the depreciation.

I’ve had a car not since I was 15. At 50 I don’t foresee that changing. So why not find the least expense and lease.

And do the math, putting more down does decrease the monthly payment but the the total of payments over three years about equals the same amount. (More down and less monthly note equals the same total as nothing down and a higher note).