about future value finance

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Old 04-27-2006, 12:26 AM
Ah Ed's Avatar
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about future value finance

how does that work? is it better to leasing?
 
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Old 04-27-2006, 07:21 AM
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There are advangtages and disadvantages to leasing.
But there are questions we must ask ourselves.

Do you own your own business?
How much on average do you drive your car per year?
Do you plan to modify your car and personalize it to some degree?
Historically, do you maintain your vehicle pretty well inside and out?
Are you very strict with your monthly budget?
Do you have a sizeable downpayment?
Do you like the feeling of driving a new car every 2-4yrs?
Are you mechanically inclined, have a good independent mechanic or are you hung-up on dealership service?
Do you know the residual or salvage value of a particular vehicle after x-amt of years?
Do you plan to walk-away from the vehicle after the predetermined lease term or Do you plan to buy it out?
http://www.investopedia.com/articles/pf/05/042105.asp
http://strategis.ic.gc.ca/epic/inter.../ca01851e.html
 
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