05-07-2013, 04:16 AM
Everything sounds OK except that the deal is completely insane. Why not just take the money and flush it down the toilet? Unless you're a business that can write off the entire lease cost, leases in general are a terribly expensive way to own a car...a sucker's game. Also, the second half of the lease is an even worse deal than the first part, since you're paying the same rate for car depreciation even though the depreciation is less than during the first half of the lease. There are many ways to get your wife into a much nicer car than her 15 year old junker without sacrificing the family finances.