Quote:
Originally Posted by jaiman
You seem to be forgetting finance charges in you're buying analysis. With prime at 5.25% You'll probably pay 8k in interest on a 100% loan in the first 3 years. So your total cost would be 97k + 8k or 105k over the 3 years, less whatever you can sell the car for.
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Yea you are right. I am still leaning towards buying. Are you buying or leasing ? what were u quoted?