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      03-01-2014, 12:36 PM   #35
barcius13
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Drives: M3
Join Date: Nov 2013
Location: South

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Quote:
Originally Posted by KennyPowers
Quote:
Originally Posted by Kief View Post
$66000 x.57=$37620 (residual)
$66000-$37620=$28380/36=$788.33 (base)
$66000+$37620=103620 x .00081 (.00130-.00049=.00081 MF)
$788.33 + $83.93= $872.26

Don't hold me to this b/c I'm not familiar with those states which make you pay full tax
Thanks man, that's not bad!

I think it's interesting, since 37630 seems like a very low price for a 3 year old m3 with less than 36k miles on it. So if I want to change I could buy it out and resell it.

Thanks again! Something to think about for sure
Almost always better to buy than lease a car. Banks exist for a reason and it is to realize capital gains. Lease carry more risk to banks than loans so it is expected to cost more than financing. There are finance vs. lease tools all over the internet these days. At the end the decision is not about cost, but about preference:
1) Lease if you know the mileage and you will sell the car at the end and do not want to deal with the hassle of selling the car on your own.
2) Finance if you want to save some $ and/or may keep the car longer and do not mind selling it on your own.
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