I did say Northeast, but you should do some searching in this forum. Good luck.
Iām open to an XC40. Any good dealers that youād recommend I start talking to who will give a good deal?
A. Probably less? Because in 3 years the interest rates will probably be less than they are now.
B. Iām not following your math on that.
I believe he is pointing out that you can save a ton of money by simply buying a dependable car and keeping it for many years, as opposed to leasing a new car every three years.
Hondaās are generally better for buy and hold folks, while Volvoās are generally better for folks that want a new car every three years.
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Thatās like planing life on hopes and dreams.
What if rates are not lower? There was that āWall Street āgetting used to rates being higher for longerā sell-of recentlyā¦
What if they are lower because economy cratered and you canāt get a loan at the bank?
And if you are shopping lease payment Honda isnāt the brand you should be looking at
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A. Your total cost to pay off your buyoutā¦ will be less than your buyout? Because youāll get negative interest rates?
PS FYI any time interest rates go down you can refinance on a finance, but not on a lease.
B. What do most people do when they end a lease of what was originally a brand new car? They donāt finance whatās now a used car. They go out and lease another new car. Itās just human nature. Thatās the hamster wheel of leases.
Or are you confused about how each lease is going to cost ~$20,000?
This is interesting. Could you please expand on this? Thanks!
Personally if $30/month difference in payment was meaningful, Iād probably be looking at an HR-V Sport vs a CR-V EX-L and Iād probably finance it.
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