Does one pay means no interests? should the MF set to 0?
Why Jeep onepay set MF to 0.00072?
Does one pay means no interests? should the MF set to 0?
Why Jeep onepay set MF to 0.00072?
One pay doesn’t mean an MF of 0. It just lowers the base MF.
Exactly. Even with a one pay lease, you are still borrowing the value of the car from the bank. Remember your one payment is covering just the depreciation.
.00072 is very good for a one-pay lease. As others stated, there is still interest associated with financing the full amount of the car from the bank.