Okay cool some people just like to buy outright.. not a problem... i've only done the old style leasing once in life.. smartbuy is just an option and something im looking at in the 05 model...it gets ya lower payments without sinking in 10grand up front....thats about what you need to get into the 600 a month range in payments...but WOW 30,000 miles a year on an SSR? i dont think i would do that in that vehicle..lol.. but thats me, mine will be a fair weather day/weekend Roadster.
Okay smartbuy is not a lease, you own the vehicle unlike in a lease and you can hand the vehicle and keys over at the end of your term or get into something else even sometimes up to 9 months early with no penalitys and no payments for that early turn in.. are you can keep it and pay a residual that is set at the time of the lease or finance that residual amount if you care to keep the vehicle (in which i trade/sell alot and go to something else), Just to me it has its good points because i lose interest in a vehicle pretty quick and this way your not out alot of money up front, plus your interest rate is locked in even at the end if your wanting to keep the vehicle. thats another plus in case the interest rates go up high in the future.. So i cant see too many negatives besides if your going to pile up some mileage. some states have smartbuy and some states just dont like NY.