Quote:
Originally Posted by Craig
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.
|
The difference is with most brands the bank they own is floating them. So, if MB financial offers a considerably cheap leasing program, they get their units moved, make 1-2% APR on the lease term, and get good steady stream of CPOs at the end of the run.