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Re: Just leased a 3.0 - How did I do? (archive)
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Posted by HuxleyD on October 22, 2000 at 11:44:00:

In Reply to: Just leased a 3.0 - How did I do? posted by Patrick on October 22, 2000 at 06:52:29:

Two comments:

1) you should include the taxes in the lease, if you can

2) you should explore "multiple security deposits" that are payments you make up front to "buy down" the rate. The way to analyze them is to see them as an investment (10 MSDs up-front might equal $7000) that pays interest ($85 per month in lease savings) and is returned to you at the end (return of security deposit). Viewed that way, the after-tax return is 14% (pre-tas 24% or so), better than many dot.coms have fared this year. Also, you're not at risk the way you are paying taxes and other things up-front -- if the car is stolen or totaled, you still get them back. This strategy should bring your lease payment down a lot.

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