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it will be worth..... (archive)
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Posted by Sebo on June 17, 2001 at 22:53:48:

In Reply to: Whats the vehicle worth at end of lease. posted by Louis Cyphre on June 17, 2001 at 22:18:13:

The residual will be : $34,184
This will be my 9th leased vehicle so Im not worried about the lease at all to be honest. I usually have only kept my cars about 1 to 2 years on 36 and 42 month leases and actually always been able to sell them for more than I owed. Also they work in my favor cause I sell real estate and I can write the lease off my taxes. Are you saying you think I can get a loan for less payment that what I posted?? Thanks alot..

as far as the price goes, I paid 500.00 less and did not get the NAV and PDC. That looks favorable on your deal. My problem with leases is, if you have to borrow to get out at end of lease. Upside down I think they call it. I bet you could get a 4.5% loan, possibly less, and buy it out right. Depends on how many miles you project. I put a lot on my vehicles, 20k to 30k per year, at least.




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