Quote:
Originally Posted by ginginha
Quote:
Originally Posted by Lovegreatcars
Why would I give them $2,800 upfront to reduce my payment by $25 a month? The time value of money, plus the whole reason for doing a lease (at least in my mind) would negate any reason for doing so.
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That's about 10.7% a year, no? |
Looks like they lowered it from .07 per MSD? At .07 it used to work out to like $50 per month - roughly a 10-13% rate of return over 3 years (not compounded) guaranteed.