theInterest: Issue #2 Sometimes it’s better to buy, sometimes it’s better to lease. To figure out which is the case for the type of car you’re after, you’ve got to understand some basics, and how to score a great deal. The basics When you buy a car, you buy the whole thing. When you lease a car, you’re buying the difference between the negotiated sale price (including fees) and the predicted amount that it will be worth at the end of the lease term. Or using lingo: capitalized cost - residual value (RV). Counterintuitively, when the terms state “you have the option to buy this car for $X at the end of the lease,” you want $X to be as
How to Lease a Car Like a Boss
How to Lease a Car Like a Boss
How to Lease a Car Like a Boss
theInterest: Issue #2 Sometimes it’s better to buy, sometimes it’s better to lease. To figure out which is the case for the type of car you’re after, you’ve got to understand some basics, and how to score a great deal. The basics When you buy a car, you buy the whole thing. When you lease a car, you’re buying the difference between the negotiated sale price (including fees) and the predicted amount that it will be worth at the end of the lease term. Or using lingo: capitalized cost - residual value (RV). Counterintuitively, when the terms state “you have the option to buy this car for $X at the end of the lease,” you want $X to be as