Quote:
Originally Posted by Steve Carlton
Some people like to payoff a lease (or a loan) to stop paying interest (or its equivalent on a lease- rent). So as long as the payoff is less than the residual + the remaining payments + the purchase option fee, she's saving rent. For simplicity, she could ask Lexus Financial if she actually makes all the remaining payments in full or not.
|
I can't believe neither of us thought of that. I will try to call today, busy day moving cars around with parking lot being paved.