Submitted by DriverZ on September 29, 2015
I just came accross a really good local investment opportunity.
In order to invest, I would need to spend the extra $100,000 I had put aside to pay the difference between my deposit and the final purchase price.
Do I bow out now - when the car is so close that I can taste it?
Or do I take the financing option?
I have never financed a car. I have only bought cars that I could afford to pay up front.
Has anyone run the numbers on the "lease" payment?
What is the assumed interest rate that the lease payment implies?
What is the remaining lump sum that you need to pay to keep the car at the ned of the 3 years?