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Look at the residual value on the contract.
Posted by Jetplate (more from Jetplate) on Fri, 5 Jul 2002 08:35:16
In Reply to: here's a question for you "dealers", bamaSAAB, Thu, 4 Jul 2002 10:42:35
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Unless you plan on buying the car and try to negotiate the price down, the residual value on your contract is the value, less any damage to the car beyond normal wear and tear.
But why would you want to buy it? Multiply the number of payments you've made and add to that the purchase price then any interest you'd have to pay in the future. That's what you'll end up paying for the car. Why not just buy a new one? Lease owner loyalty money pluse the amount of dealer incentives makes a new one a dare good deal.
posted by 12.38.25...
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