Lease maths game
#46
Agree with all the points above:
- MF at buy rate of 0.0020
- No money down
- Go for the minimum miles - 5,000. You should check by having them run it at 7,500 and 10,000 but every time I've checked it works out better to just do the min and pay the overage if it happens.
- Term - seems like Larry has found the sweet spot - but have them run it from 24 months and up. Even ask them what the sweet spot is - the finance guy will know.
Good luck!
- MF at buy rate of 0.0020
- No money down
- Go for the minimum miles - 5,000. You should check by having them run it at 7,500 and 10,000 but every time I've checked it works out better to just do the min and pay the overage if it happens.
- Term - seems like Larry has found the sweet spot - but have them run it from 24 months and up. Even ask them what the sweet spot is - the finance guy will know.
Good luck!
#47
10k Klik's per year? I don't think they offer such low distance's in the states unless negotiated! It's usually 10K, 12K or 15K miles. Ten thousand miles is barely just under 62 hundred miles?
Even 15K miles seems way way to low for me. The first year we had our Subaru we put 33K miles on it. But Subaru's were made for driving like Diesel's.
Seem's like I'm behind the times with leases for I never intend to do so. So 6K kilometer's seems ok if they do lease's at 5K miles. What's the point but to pay some institution to house their car for them.
Even 15K miles seems way way to low for me. The first year we had our Subaru we put 33K miles on it. But Subaru's were made for driving like Diesel's.
Seem's like I'm behind the times with leases for I never intend to do so. So 6K kilometer's seems ok if they do lease's at 5K miles. What's the point but to pay some institution to house their car for them.
#49
#50
BTW note that you can "defer" one months lease payment while the car is in transit, just call PFS they will arrange ...
#51
I am informed by my SA that the terms are unchanged from the last set ending June 30th. They have not shared the rate sheet.
I ll probably go for the 27 month 7500 miles option giving me a residual of 69% and with a MF of 0.002 , my monthly payment should be $1,637.43.
I ll probably go for the 27 month 7500 miles option giving me a residual of 69% and with a MF of 0.002 , my monthly payment should be $1,637.43.