Benefit of lower payment?

Ask the Hackrs
21

Is personal buyout price always as simple as rv plus remaining payments and interest?

1 Like
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I’m allergic to finance charges.

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23

Buyout generally = rv + depreciation portion of remaining payments. There always ends up being some weirdness with exactly how some fees get amortized or something like that, but it’ll get you close.

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The bank won’t do jack to make your one-pay transfer any easier. It will be your job to find someone to pay you a lump sum.

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Not true — Not if you negotiated a strong discount and utilized rebates/incentives making it even a stronger deal.

MSDs are like the cherry on top. If you have yourself a strong deal, getting your MSDS back or having someone to pay you a lump sum is not an issue.

You do have your batch of folks who just don’t have the cash for MSDs (they can’t fathom shelling out a few grand for a few years) but those are folks who shouldn’t be leasing that car anyways

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