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Not so simple
Posted by JasonLk (more from JasonLk) on Wed, 26 Jan 2005 11:25:48
In Reply to: uhh...no, not_too_shabby, Wed, 26 Jan 2005 06:25:09
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I did the opposite, and "one paid" my last saab - paid the entire 3 years in advance. Why? I avoided all the interest charges over those 3 years, and the deal came out materially cheaper even assuming I would have earned a realistic interest rate (~2% after tax) over 3 years on the money I put into the car.
So, in these days of low interest rates, subsidized leases, etc. the old adage to not put anything down on a lease may not always hold.
posted by 67.123.17...
Posts in this Thread:
- How's this lease deal sound?, BrianD, Tue, 25 Jan 2005 15:56:37
- Sounds too high-buy new for the best deal, Jas, Thu, 27 Jan 2005 12:51:40
- Killer deal on a cool SportWagon.., Mike Lynch
, Tue, 25 Jan 2005 19:54:19 - Why put money down on a lease?, not_too_shabby, Tue, 25 Jan 2005 19:06:57
- One more thing - GM Supplier and Saab Loyalty nm, BrianD, Tue, 25 Jan 2005 18:12:01
- Oops - I meant 3 year lease n/m, BrianD, Tue, 25 Jan 2005 15:57:21
- 24 is cheaper with down....., Mike Lynch
, Thu, 27 Jan 2005 15:29:52 - Oh yeah - $340/month, $372 w/ tax, BrianD, Tue, 25 Jan 2005 16:21:37
- Double oops, you did not say how much a moth n/m, Louis, Tue, 25 Jan 2005 16:17:54
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