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Own last half or lease first half? Age old question.... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Sat, 6 Jul 2002 15:19:05 In Reply to: Saab's new 9-5 Lease Offer--Any Good?, Saabing, Fri, 5 Jul 2002 21:22:02 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I believe that $3,200 down on $20,000 means a finance balance after tax and license of about $18k ish which is $360ish for 60 months or $435ish for 48 months. I assume your example is for a Linear automatic with premium package MSRP of $37,515 if it doesn't have metallic paint?
So which makes the most sense, a five year loan on a three year old car (finally paid off as an eight year old), or a 48 mos lease on a $37k car with all new everything and free maintenance and a full factory warranty? Not to mention all the 2002 improvements and Onstar for a year? What's it looking like in four years for you? Did you need to build the security of a purchase or will things be all right in four years anyway so you can just enjoy a great car with an ultra-cheap lease?
posted by 206.251.225...
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