11-26-2012, 10:38 PM
Join Date: Nov 2009
Mein Auto: BMW M428i
On the leased vehicle, I must be a better negotiator than you because my $539 monthly payment is all-in, I did not pay for taxes, title, acquisition fee, or any security deposit.
Originally Posted by dunderhi
Let's check your math using your numbers...
Starting Cash: $53,300
Purchase $50,000 + $3,000 Taxes + $300 Title
Monthly Investment $539
Investment Total: $64,680
Investment Income: $6,468
Taxes on Income: $1,940
Net Income: $4,528
Purchase Ending Cash: $67,700
Net Change: $14,400
One time Investment: $50,000
Investment Income: $10,000
Taxes on Income: $3,000
Lease payment: $539
Lease1: $1,500 Taxes + $300 Title + $725 Acquisition Fee + $500 Security Deposit
Lease2: $1,500 Taxes + $300 Title + $725 Acquisition Fee
Lease3: $1,500 Taxes + $300 Title + $725 Acquisition Fee
Lease4: $1,500 Taxes + $300 Title + $725 Acquisition Fee
Additional Lease Costs: $9,400
Lease Ending Cash: $48,100
Net Change: -$5,200
Net difference: $19,600 or $163.33/mo
Math may set you free, but using it correctly will save you money.
Not sure what "additional lease costs" are either as it doesn't match the sum off the taxes/title/acquisition fee that, again, I didn't pay.
On the purchased vehicle, I don't understand that either. There's a $3000 trade-in value and the monthly payments on a 5 year note with interest would well exceed the $549 monthly 'investment' you're showing.
There is no "cash" at the end of either option. The leaser is clean and can move on, the buyer has a car worth a few grand net of the repair costs which is almost a wash.
Last edited by boltjaM3s; 11-26-2012 at 10:42 PM.