<prompt> Human: Hi everyone from rpersonalfinance ! Ive been lurking for a while and have loved the tips you guys give out so I figure I need help and to let you guys help me. So here it goes. Im Brian, Im 19, part time college student working as a NewUsed Car salesman. Ive gotten this job recently and am enjoying it a ton. Ive been looking into leasing a 2017 Camaro. I make minimum 1200 on draw from working as a salesman at my dealership, I have been consistently making 2-3k a month on my commission so my total monthly salary is 2200-3200 a month. I live at home with my parents and have almost no bills. 3-400 a month maybe. Im needing a vehicle because my old neon I bought in high school is on its last leg. Im thinking of leasing because its a cheaper payment then financing, and because the dealership that I work at covers all the maintenance for the life of your lease. Its also covered by the manufacturer warranty. Heres where my questions start. My credit score is 630, I just checked last night and I believe it is from the 1 credit card I have, it is almost maxed out because I put most of my gifts from Christmas on there. So I believe it is from my creditdebt ratio. I havent paid it off because it has 1 year interest free and Ive just been lazy. I can easily pay it all off in a month. Is it going to boost my credit better by paying it all off at once or 2-3 payments? Can I lease a vehicle at 19 with about a 6month old account with no missed payments? I can get it consigned if needed. Also is it even a good idea for me to lease? I figured it would be because I wouldnt have to worry about the deprecation and it would be like Im basically paying it off? I would want to buy it at the end of my lease and when I do I would be paying what the vehicle is worth in its condition? I looked into the residual value of this camaro and found it to be 56. 33,000.56 18,480 after my lease so the vehicle would be worth 18,480 correct?Also last question, with my current situation do you think it would be smart financially for me to lease? My monthly bills would go up to around 900 with insurance. That seems completely doable. Any help would be greatly appreciated! Thanks. Assistant: Without getting into all the details, it is never a good financial decision to lease a car. You can consider financing it, but most people here will recommend that you buy something a few years old. Also, pay off your credit card. It will help your score, and its never good to carry a revolving balance on your card, even if it is interest-free at the moment.Human: Well if I buy it at the end of the lease wouldnt that lower the price down? Wouldnt the car be worth less than at the start which would keep my monthly payments down?  <response>: Yes, it will be cheaper to buy at the end of the lease than it would be to buy now, but youve already paid thousands towards it by that point. The total cost is guaranteed to be higher, even if the lease gives you lower monthly payments up front. 