I just leased my first vehicle in Nov. I financed all the others. I ended up asking for 15K miles per year. I like leasing as the payment is a lot lower. I like being able to bring the car back in 3 years and lease another one; however, since it is a brand new Acura, I might keep it and buy out my lease. I purchased the protection plan where the dealer will fix door dings, scratches, and other minor cosmetic things so at the end of the lease, I won't be charged for it. I am way under mileage right now which is great because any unused miles will be rolled into my next lease. If you choose to lease, make sure your driving habits support it and make sure Gap coverage is included. You should look for a close ended lease that locks in your residual value at time of buyout at the beginning of the lease as that protects you against depreciation. A lease is nice for those who get tired of the car they drive after 3 years and also get sick of costly repairs as the car ages. Leases are also nice for people who want to keep their debt low on their credit reports for a home purchase in the future as you are only responsible for the total amount of payments over the lease term NOT the full value of the car as with financing. So the full value of my Acura is $35K but only $18K shows up as debt on my credit report. Your score is definitely adequate to lease. Most leases require a score in the 700s. My auto enhanced score was 724 when I was approved for the Acura.
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