06-24-2020, 04:31 PM
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#788
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Rs has made me the woman i am today!
Join Date: Jun 2006
Location: Burnaby
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Quote:
Originally Posted by AstulzerRZD
If we're discussing whether leasing can be a good option, limiting the examples to a specific model wouldn't provide a holistic view of the problem because the leases are structured differently.
Example 1: RAV4 - Financing Costs Less
Lease - Toyota USA offer: 3k down, $430/month = ~$19k
Finance: 65% of value retained over 3 yrs, 32k MRSP, = ~11k
Example 2: BMW 330ix- Lease Costs Less
Lease from broker: $1.3k in fees, $375 a month = ~15k
Lease - BMWusa.com offer: $2.6k down, $439/month = ~18k
Finance: 55% of value retained over 3 years, 42k MRSP = ~19.8k
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Generally speaking, you should never put money down on a lease.
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