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Re: Trade-in/Lease/Purchase Dilemma... (archive)
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Posted by JOHN on November 12, 2000 at 15:04:06:

In Reply to: Trade-in/Lease/Purchase Dilemma... posted by . on November 12, 2000 at 13:20:08:

Hello,

Actually, it depends on how you lease the car. If you put a large downpayment at first. Then the balance on the lease will be substantially less if you trade it in, in six months. Keep in mind that depreciation is highest in the first year of ownership(30%). So it may be better to at least put 30% down to break even. If you release the M3 they may not charge you any lease penalties.

Hope this helps,
John Espanol
Finance Manager


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