Quote:
Originally Posted by BeamerDreamer
Please correct me if I'm wrong but if you are paying for everything up front, why would be you paying interest? The way I understand the lease payments is that it is comprised of depreciation and interest. If I were to pay all the depreciation at the time of signing the lease, why would I have to pay interest? It's like using cap cost reduction to buy down your payment all the way to $0. :iono: Right?
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Yes, true, but then where would the financial department make any money?? It's the same as doing 0% financing on a car. Not likely to happen. The financial division has to make some money to pay the bills.