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thoughts, if you are currently leasing, should you flip to finance before rate hike

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Old 10-05-2015, 01:49 PM
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Larry Cable
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Default thoughts, if you are currently leasing, should you flip to finance before rate hike

Having leased by GTS Cabriolet back in April (30mnths 7.5k mi) I was wondering today if it made sense to flip that (if possible) to a finance deal (with PFS) in advance of any rate hike downstream impact on finance rates...

I was probably going to buy the car out at the end of the lease anyway!

any thoughts from our more financially savvy members?

TIA

- Larry
Old 10-05-2015, 01:54 PM
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997s07
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Originally Posted by Larry Cable
Having leased by GTS Cabriolet back in April (30mnths 7.5k mi) I was wondering today if it made sense to flip that (if possible) to a finance deal (with PFS) in advance of any rate hike downstream impact on finance rates...

I was probably going to buy the car out at the end of the lease anyway!

any thoughts from our more financially savvy members?

TIA

- Larry
PM me the terms and I'll do a few quick calculations by day's end.

Also, what rate hike are you taking about? The Fed?
Old 10-05-2015, 02:01 PM
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Larry Cable
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Originally Posted by 997s07
PM me the terms and I'll do a few quick calculations by day's end.

Also, what rate hike are you taking about? The Fed?
Yes I was thinking that when the fed ups rates that it wont be longer after that retail borrowing will increase also...



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