Quote:
Originally Posted by TurtleBoy
Quote:
Originally Posted by Penguino
You need to compare Apples to Apples. You can't say lease might make more sense if there are lease incentives because the same argument can be had if there were financing incentives. Apples to Apples, my statement is still correct.
Leasing a $74k MSRP car with a 8% discount from MSRP and $3k down you are paying $1040 tax in using Feb/March numbers. That gives you a total of $36,366 + a buy out of $43,660 for a total of $80,026 over 3 years excluding disposition fee of $395.
If you buy it with a 8% discount, $3k down over 36 months is equal to $75,799.
|
LOL - never mind. If it makes you feel better just make up any scenario to fit your flawed logic. Your original statement is absolutely correct - "It is never cheaper to lease + buyout than to buy outright."
|
Don't get mad because I'm right