- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Thinking about leasing a vehicle
Posted on 12/22/16 at 9:26 pm to Tiger Prawn
Posted on 12/22/16 at 9:26 pm to Tiger Prawn
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.
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.
This post was edited on 12/22/16 at 9:35 pm
Posted on 12/22/16 at 9:35 pm to Rover Range
I don't see how that would work unless you were financing a purchase with a high interest rate loan. Most manufacturers offer some pretty attractive rates if you go through the manufacturers' finance company. Last 2 vehicles I bought were financed at 0% and 0.9%. Had one for 4 years and the one I have now is almost 5 years. I don't see how I could've came out ahead by leasing on either
Back to top
Follow TigerDroppings for LSU Football News