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Need Help with Lease (assumptions)
Posted by IXV (more from IXV) on Tue, 29 Mar 2005 17:57:14
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Am the current owner of a 2000 9-5 sedan and am seriously considering leasing a 2005 Arc Wagon for the wife. I want to make sure my assumptions surrounding the current lease deal ($369 for 24 months) are correct as the deal sounds too good to be true. Here are the assumptions:
Base price $37,700
Money Factor- must be 0 or pretty darn close
Lease incentives - must be in the $4000-$4500 range
I don't know how else to get the lease calcs to show a payment of $370/mth without the aforementioned assumptions. If the assumptions are correct, the 24 mth lease deal looks to be a significant savings over a straight cash purchase (it goes without saying - unbelievable savings if the car is purchased and financed)!
Thanks in advance for any insight.
posted by 24.164.115...
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