If you are taking over a lease transfer on a car, and need to pay an incentive to do so, do you prefer a longer term or shorter term? Of course, the incentive adds to the effective monthly on a shorter term.
I understand there are many factors and there is no “correct” answer. So, I’m just looking to crowdsource.
One of my esteemed colleagues on the site is, though
This is for the TRD Pro 4Runner I am signing for.
Only a $3 difference in price between the two and I plan to transfer it after 3 months (on SAL). Just trying to see what folks think is more enticing for maximizing profits.
Jesus, he ripped me a new one in one of his diatribes for not putting parenthesis around the math, even though he knew exactly what I meant.
To answer the original question…id prefer 24 months unless the incentive payment was too much…then it better be a fantastic vehicle or I’m looking at something else.
I know this is off topic, and maybe both a stupid and personal question, but do you mind if i ask why lease something just to transfer it a few months later? Financially don’t you lose out on the fees due at signing such as registration?