re: Thinking about leasing a vehicle

I could do some calculations to show you that if you traded your vehicle in after 4 years or did a 4 year lease and put comparable money down, did a standard term on the retail, and put the same miles, your payment difference over that 4 years would be on average around 200 dollars a month cheaper. During that time, if you save the 200 bucks, it would be 9600 bucks. Equity.


Oh and that 200 a month would be going into an account or fund that could make you money instead of paying a bank the interest on a 40% of that money being borrowed that you're not going to use.