15k vs 12k and beyond..... - Saab 9-3SS Bulletin Board - Saabnet.com
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All things being equal, a 15k is a 1% lower residual than a 12k so 1% of of $44k = $440 divided by the term of 24 months = $18.33 a month more for the additional mileage.
That's cheap vs the 20 cents a mile excess mileage charge. $440 for 6,000 extra miles is only 7.33 cents per mile. So the wisdom is if you have any doubts at all about meeting your 12k obligation go for the 15k as cheap iinsurance, 7 cents vs a potential 20 cent liabity.
Over 15k you'll purchase miles for 15 cents or pay 20 cents at the end, a much smaller gamble.
Posts in this Thread:
- Leasing deals on 9-3's?, No Snaab, Sat, 7 Jan 2006 13:41:38
- Kinda late to this party ..., gatorcpa, Thu, 12 Jan 2006 16:07:50
- Re: Leasing deals on 9-3's?, Raven777, Sat, 7 Jan 2006 19:20:51
- $2,999 due at signing and $299 for 24 mos 12k...., Mike Lynch
, Sat, 7 Jan 2006 14:06:33
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