Re: Leasing is not keeping - Saab 9-5 Bulletin Board - Saabnet.com
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Re: Leasing is not keeping
Posted by bRAD [Email] (more from bRAD) on Wed, 21 Aug 2002 13:38:58
In Reply to: Leasing is not keeping, phred, Wed, 21 Aug 2002 13:25:30
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In an ideal world, you would lease the car for four years. Taking advantage of the low payments offered by a lease you invest the remainder for the period of the lease. When the lease has matured you pay off the residual with the money you've invested. With this method you will only pay financing fees (interest) on the depreciation of the vehicle rather than the entire purchase price and, if you've invested well, you'll actually pay off the residual (or a portion of it at least) with the profits from your investment.
Unfortunately, many people just take advantage of the lower payments offered by a lease to buy a car they can't really afford and then finace it for 8 years.
posted by 216.185....
Posts in this Thread:
- Leasing new versus purchasing used?, Pat Mc, Wed, 21 Aug 2002 10:45:12
- Usual paradigms skewed by Saab deals......, Mike Lynch , Thu, 22 Aug 2002 19:15:41
- Re: Leasing new versus purchasing used?, KP, Wed, 21 Aug 2002 15:40:35
- Re: Leasing new versus purchasing used?, pursang, Wed, 21 Aug 2002 15:14:58
- Re: Leasing new versus purchasing used?, Dave in PA , Wed, 21 Aug 2002 12:11:31
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