Re: question for the finance minded - Saab General Bulletin Board - Saabnet.com
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Re: question for the finance minded
Posted by Jon in Chicago (more from Jon in Chicago) on Wed, 26 Feb 2003 17:38:08
In Reply to: question for the finance minded, MJP, Wed, 26 Feb 2003 13:02:04
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Hmm. I don't know. You're still subject to the low residual value due to low resale. You take a used Model Year 2000 9-5 SE with 40k miles, currently selling certified after negotiation for (I'm educated guessing here) $17,000. You lease for three years and put another 36k on. In three years the value of the car is down to, again, totally guessing but $8,500. You need to pay by some means then $8,500 in the course of the three years. With no down this is approximately $236 per month. I don't know. Seems pretty reasonable now that I sit here and think about it!
Where's Mike Lynch?
Jon
posted by 12.100.24...
Posts in this Thread:
- question for the finance minded, MJP, Wed, 26 Feb 2003 13:02:04
- You want to lease when the residual is high...., TKC, Thu, 27 Feb 2003 13:37:49
- Re: question for the finance minded, Jon in Chicago, Wed, 26 Feb 2003 17:38:08 <-- Viewing This Message
- In a word, "no" >, ChipJ, Wed, 26 Feb 2003 13:39:39
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