Thursday, July 3, 2008

To Buy or Not to Buy

Car leasing has become so popular an option that most car owners would have a lot to know about it. Entrepreneurs and car lovers both seized the opportunity to earn from its growing popularity.
Hence from coming up with a variety of lease types to the skyrocketing number of leasing companies, customers are not to worry about choices; what they should worry about is making the right choice.
Let’s say you have a concern regarding the calculation of your lease fees: the residual value, the monthly payments, how much insurance should you be getting, etc. It would come as a surprise that there’s actually an automatic lease calculator. This may appear superfluous, but it can be of some convenience for those who are not into numbers.
This tool can save you time and a head-splitting headache doing the math for the following:
Capitalized Cost -0 MSRP minus discount
Lease Price- minus $0 down payment
Residual Value-after 24 months
Depreciation Fee- part of lease payment
Lease Fee-part of lease payment
Monthly Payment- without tax
Usage Tax- 0% of 0
Total Amount Payment-what you pay
Among many others in the market, the automatic lease payment calculator can be not as exacting as you are when you are adamant of getting the right numbers in a lease. So to ensure that you are not misled by a button, double-checking is a necessity.
In the end, you are given the chance to risk accuracy in exchange for convenience. But then this goes for a lot of choices in the world.

Source:
http://www.bankrate.com

1 comment:

Anonymous said...

you've got to lease if you want a new car. there's no question about it unless your not bothered about loosing money.