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Old 12-07-2009, 12:57 AM
Penguin Penguin is offline
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Join Date: Oct 2007
Location: USA
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Quote:
Originally Posted by tcn2k View Post
For RavenHeart and Penguin,
Why would anyone in their right mind put money down on a lease and dumb enough to pay a lease up front. If you are paying up front, considering just buying the vehicle.ECONOMIC 101 people!
I know virtually nothing about leasing, as I think leasing is unwise in the vast majority of cases; however, I am quite knowledgeable about Finance. My assumption was that if you gave them money up front, it would not be a prepayment of payments, but a reduction in the principle on which the lease payments were calculated. So that's not the case?
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