Cars: Buy v.s. Lease Brent Groom David Tran Luu Tran Presentation Topics Lease vs. Buy Comparison Sensitivity Analysis Decision Resources Lease vs. Buy Comparison Basic Assumptions for 5 years: Leasing vs. Buying Basic Research Results for the Toyota Camry V6 LE Leasing vs. Buying
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Cars: Buy v.s. Lease
for the Toyota Camry V6 LE
S = $0
S = $8,800
n = 60
A = $252
n = 60
A = $378
Toyota Camry LE V6 Cash Flow Diagram
- Leasing term (n)
- Lease allow lower monthly payment, always under warranty, and drive new car every 2 or 3 years.
- Buy allow payment –free for a while, resale the car, and able to upgrade
Cost of the car that is below the dealer invoice
In order to make $8800 in 60 months, need interest rate of .005058% or the nominal interest rate of 6.07%, which is the same as buying.
For new/used car comparison
For information how to lease or buy
For the Secret Price Quote http://www.carpricesecrets.com
For Salvalge value and car price: