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Reply to "Help me do the math on this lease. Does it make sense?"
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[quote=Anonymous]Worst time possible for leasing unless your doing it as a business deduction. We would need more data points, including — 1. money factor 2. residual 3. mileage cap (and per mile fee for exceeding) 4. warranty/maintenance plan (you don’t want to pay for service and repairs on a lease) 5. What financing rate can you qualify for through the manufacturer, your bank, or better yet, joining a credit union. Putting $3700 down is generally not a wise decision. Also, bear in mind that purchasing the vehicle will allow you to build equity. In other words, you can sell the vehicle [/quote]
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