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      07-24-2009, 05:07 AM   #91
dflatos
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Drives: 125i convertible
Join Date: Jun 2009
Location: Melb

iTrader: (0)

[QUOTE=Taymaishu;5575649]My stats on my quote:

Yearly Sal Sacrifice - 12,836
Lease length: 24 months
Residual: 56.25%
Monthly Lease cost: $1069.83
Car: 125i
Annual KM: 25,000

Micky is right. The numbers don't add up. Take for example -
7.00% interest rate $68,000 amount financed
$4,760 interest / yr
$9,520 interest over 2yr
$38,250.00 Residual
$36,720 = car + total interest to be paid back over 2y
$18,360 repay /yr over 2 yr
$1,530 repay /mth over 2 yr This should be about your monthly repayment at 7% interest
This does not include the servicing, fuel etc.

Pleaese double check with your financier cos if it is wrong then it will delay your delivery until your finance is in order.
Appreciate 0