July 15, 2021 — Woodside Credit

Lease or Buy an Exotic Car?

Lease or Buy an Exotic Car? The debate of lease vs. buy is long withstanding and in the exotic car world, it is even more hotly debated. Buying is typically associated with high monthly costs, but a buyer owns the asset at the end. On the other hand, a lease typically allowed borrowers to have …

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*Payment disclosure: Monthly payment of $487.06 based on purchase price of $50,000, 15% down, and 6.71% APR financing for 120 months. Monthly payment of $1,181.53 based on a purchase price of $145,000.00 with 20% down and 6.82% APR financing for 144 months. Monthly payment of $1,419.35 based on a purchase price of $200,000.00 with 20% down and 6.79% APR financing for 180 months.. Rates and terms are subject to change. TT&L may also be financed. Not all applicants will qualify.