Buy Versus Lease. Amanda Forsy

Buy Versus Lease. Amanda Forsythe of Tampa, Florida, must decide whether to buy or lease a car she has selected. She has negotiated a purchase price of $24,700 and could borrow the money to buy from her credit union by putting $3000 down and paying $515 per month for 48 months at 6.5 percent APR. Alternatively, she could lease the car for 48 months at $310 per month by paying a $3000 capital cost reduction and a $350 disposition fee on the car, which is projected to have a residual value of $8100 at the end of the lease. Use the Decision Making Worksheet on page 230 to advise Amanda about whether she should buy or lease the car.

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

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Buy Versus Lease. Amanda Forsy

Buy Versus Lease. Amanda Forsythe of Springfield, Missouri, must decide whether to buy or lease a car she has selected. She has negotiated a purchase price (gross capitalized cost) of $35,000 and could borrow the money to buy from her credit union by putting $3,000 down and paying $751.68 per month for 48 months at 6 percent APR. Alternatively, she could lease the car for 48 months at $495 per month by paying a $3,000 capitalized cost reduction and a $350 disposition fee on the car, which is projected to have a residual value of $12,100 at the end of the lease. Use the Run the Numbers worksheet on page 242 to advise Amanda about whether she should finance or lease the car.

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

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