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Reply to "Lease Experts (Please chime in)"
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[quote=Anonymous]So we are debating whether to out right buy or lease a new 2024 XC Ultimate Recharge. Numbers as follows: Purchase Price: $78500 Taxes: $3586 Freight: $1157 Total: $83243 Lease MSRP (10k/3Yrs): $70271 Taxes: $3214 Fees: $1313 Down: $1306 Residual: 53% Money Factor: .00349 Monthly Payment: $1306 Volvo is offering $7500 incentive for a plug in hybrid (lease only). IF we lease, our plan would be to buy out the lease 4 months in. When I do the math it appears to be $4500 - $5000k savings. My concern is that we have never leased and IF we would run into any issues buying out the lease 4 months in. Anyone bought out their leases 3-4 months in? If so any issues? Did you pay rent charge for the complete duration of he lease if you bought out early? Any input or feedback on the our situation would be appreciated. Thanks[/quote]
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