Timizzo.com
Today we will compare purchasing vs. leasing of a 2021 Toyota 4-Runner TRD Off-RoadHere’s some important info on the 4-Runner:MSRP: $46,153Invoice: 41,086Holdback; None known Buyer believes the price should be: $43,750Purchase:Lease:Agreed Upon Price$43,750Agreed Upon Price$43,750Sales TaxPredicted Residual Value$35,500Total Cost to PurchaserDepreciation AmountDown Payment$500 Acquisition and Disposition fees$2000 Loan Amount“Loan” Amount for LeaseLoan Rate.025Lease Interest Rate.05Loan Term 60 monthsLease Term 39 monthsMonthly PaymentMonthly PaymentTotal Paid to Loan Sales Tax (on Depreciation Only)Total Cost to Own CarTotal Paid to LeaseTotal Cost to Lease CarAdditional Questions:How much money does the person save by leasing the car each month? When would purchasing the car definitely be a better choice? ................
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