Re: Leasing Question - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Re: Leasing Question
Posted by DeanS [Email] (more from DeanS) on Tue, 17 Apr 2001 17:41:42
In Reply to: Leasing Question, Paul [Profile/Gallery]
, Tue, 17 Apr 2001 14:54:16
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When you lease a car your payment is moade up of 2 things, depreciation and finance charge(interest). The depreciation is the difference between the Cap cost minus downpayment and the residual value. To make leasing attractive many companies will inflate the cap cost and then take a loss on the car at the end of the lease. Normally, the residual value of a car after a 3 year lease is around 55% of the MSRP. Check out the leasing info on http://www.edmunds.com for more specifics.
Posts in this Thread:
- Leasing Question, Paul , Tue, 17 Apr 2001 14:54:16
- Paul, please don't put $ down on a lease, larry, Tue, 17 Apr 2001 21:41:15
- Re: Leasing Question, John A., Tue, 17 Apr 2001 19:43:22
- Re: Leasing Question, DeanS, Tue, 17 Apr 2001 17:41:42 <-- Viewing This Message
- It's not a scam, it's fine print...., Richard P., Tue, 17 Apr 2001 16:30:32
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