Quote:
Originally Posted by BryanBusby
Subscribing to this newsletter. Been considering replacing the wife's forever thirsty Ford Edge with this.
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Well feel free to ask anything because I worked the numbers around some more and found this to be ridiculously interesting. Gonna go get it, hopefully tomorrow, but probably on Monday.
If I put down $5k my payment would be $270. If I put down $7k my payment goes down to $210. I then do the math.
My payment goes down by $60 per month and 60*36 = 2,160. By putting down an extra $2k up front, I get it all back by the end of the lease plus another $160... AND I pay less per month.
This is ridiculous. Same if I go even harder on the down payment.... I get ALL the money back (over the life of the lease) plus a bit more AND a lower monthly payment.