Car Lease question

Discussion in 'After Hours Lounge (Off Topic)' started by Bill Griffith, Aug 18, 2003.

  1. Bill Griffith

    Bill Griffith Supporting Actor

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    Say i were to lease a car who's cost is about $32,000. I pay the Tax, Title, License fee for the car, about $1,500 and want a 2 year 12,500 mile/year lease.

    What should I expect to pay per month?
     
  2. Brian Perry

    Brian Perry Cinematographer

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    The two biggest factors will be the current interest rate and the particular car's residual value after the two-year lease. If the car is expected to be worth $20,000 after the lease is up, the monthly payment will be lower than if the expected value is $18,000. So without knowing which car you're looking at, it's impossible to give an estimate.
     
  3. DonRoeber

    DonRoeber Screenwriter

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    There are a few websites out there that have payment estimators, and most of them include lease payments too. Try edmunds.com and kbb.com.
     
  4. Lee L

    Lee L Supporting Actor

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    There are a bunch of factors. Definitely check the sites mentioned above, also www.cars.com . To get a real idea, you also need to know the money factor, which is kind of like the intrest rate.
     
  5. Bill Griffith

    Bill Griffith Supporting Actor

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    thanks for the websights guys was a major help.
     
  6. wally

    wally Second Unit

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    Be careful on the 12,500 miles/year Bill.

    We were seriously stung on that several years ago. Have not leased since.

    Good luck.
     

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