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Old 10-08-2010, 03:35 AM
Craig
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Quote:
Originally Posted by yosshimura View Post
You mean LEASE a 2011. The last thing you want to do is BUY NEW to turn around a trade in at the 3 year mark. That's why i entertained the used E350 , as it has already depreciated some...
It's the same thing, the lease company is buying the car for you and charging an excessive amount to finance the difference between the new cost and the residual value. Do you think the lease company is losing money on the deal? If you had the cash, you could make exactly the same deal.
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