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Donny · 07-24-2006, 05:21 PM

I had a friend who came out to visit and rented a car for a month. The rate for the entire month was around $600, which was much less than the same car would be to buy with no money down. I started thinking: if a person always buys cars on payments (I do), never puts money down (I don't if I can get away with it) and always trades the car in before the contract is paid (I never keep a car long enough to pay it off) it might just make more sense to rent a car month-to-month from a rental agency and always have a close-to-new car with a few thousand miles on it.

So I called Enterprise Rent a Car to inquire about such a thing. The representative confirmed that Enterprise does indeed have a leasing program which, done through a business name, is even less per month than $600 for a mid size vehicle INCLUDING insurance. She's having a leasing specialist give me a call tomorrow to discuss it with me.

Here's my question: has anyone on the board done something like this?

07-24-2006, 05:21 PM
Donny As you wish... Industry Role: Join Date: May 2002 Posts: 13,754	New Car Question: Has anyone ever done this? I had a friend who came out to visit and rented a car for a month. The rate for the entire month was around $600, which was much less than the same car would be to buy with no money down. I started thinking: if a person always buys cars on payments (I do), never puts money down (I don't if I can get away with it) and always trades the car in before the contract is paid (I never keep a car long enough to pay it off) it might just make more sense to rent a car month-to-month from a rental agency and always have a close-to-new car with a few thousand miles on it. So I called Enterprise Rent a Car to inquire about such a thing. The representative confirmed that Enterprise does indeed have a leasing program which, done through a business name, is even less per month than $600 for a mid size vehicle INCLUDING insurance. She's having a leasing specialist give me a call tomorrow to discuss it with me. Here's my question: has anyone on the board done something like this?