TO LEASE OR BUY?
LITTLE KNOWN FACTS ABOUT CAR LEASING:
/ A lease is a finance contract with a large balloon payment, (Residual value). This
balloon payment typically saves at least $1500 compared to financing.
/
/ Lease payments are usually about half that of a finance payment because the balloon payment works like a down payment.
/ At lease end, the balloon payment is typically over $1000 higher than the current market value. This difference represents additional savings to you.
LEASING vs HIGH
MILEAGE DRIVERS:
There is NO high mileage penalty. A vehicle's loss of value due to high miles is always your loss, whether you lease or buy. Typically, you loose less if you lease.
FOR
CASH BUYERS: Ask RMFA about a "One Pay
Lease."