What finance rate did you get?

[Jem_hadar]

Originally Posted by riceboy

Keep in mind that the buyback rate is very important too, although you might pay less in interest you might pay more to make up for the lower lease end value.

In the end, you ALWAYS pay more for a lease!

You tend to actually have a higher leaseing int rate, but your monthly payments are smaller. If you are gonna buyout at the end, its alwasy gonna cost you what it does... about 6,000$ for my Yaris.

You ALWAYS pay a premium for leasing... you realize in the end, if you buyout, leasing will ALWAYS cost you more, but you take the sacrifice for the lower monthly payment for the term of your lease.

Pretty much, if you lease, you're either a) not wanting to keep the vehicle after the lease expires, or b) if you plan to buy it out, you decide that you'd rather enjoy a smaller monthly payment for the trade off that you still hafta shell out money at the end of it to own it.... that's the lease premium one pays for the luxury of lower payments each month.

Jem


P.S. I think the premium I paid for my Yaris was that in the end, I paid about 1,200$ more (I caluculatd it, but cant remember exactly off hand). But to pay that extra 1,200$ for my car was worth it for the much more attracitve monthly payment I have to make for 5 years.

In 5 years time, I expect to be in a far better situation in life, so saving a portion of that 1,200$ each month i consider to be worth it. Buying out the 6,000$ balance at the end i figure I can handle in 5 years time.

[DonnyRebel]

I got 0%.........I paid cash