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Reply to "Car Lease - 45K car - zero down?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Your question is going to elicit a lot of non-responsive commentary on your leasing a car. Leasing a car can actually make sense under a lot of circumstances, and if you're going to lease, minimizing money down also makes sense. As to your actual question, 7:59 is correct. Essentially, the lease price of a car is the purchase price of the car minus the residual value at the end of the lease term, divided by the lease term. You haven't told us two of the three parts of the equation.[/quote] It's a Lexus. Say 3 year lease, not sure what residual value would be.[/quote] If you're just looking for a ballpark, I would say low $500s. They will quote you between $399-$450, but when you get rid of the due at signing, the number will jump $50-100.[/quote]
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