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Re: Learn how to calculate a lease... (VeeDubDriver)

Just wanted to say, "Thanks." My folks are looking to lease a CR-V and aren't really ones for reading the fine print, so I feel obliged to help 'em out. Reading this post made me feel prepaired.
I really appreciate the time you took to make that spread sheet.
Cheers!
 

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Re: Learn how to calculate a lease... (nymike)

For this example, I would save up and put money down towards financing the vehicle if you really want to own it in the end. However, you could look for a lease transfer where someone has put several thousands down that would reduce the monthly costs of the lease. In addition, the buy-back might be even better than buying used.
Just a thought.
 
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