:: Acura TLX Lease (Deal?)
Hey guys,
Narrowed it down to Acura TLX and this is what I am looking at:
- 2016 (TECH PKG)
- 36month lease
- 20,000km per year
- 0.9% interest rate
- price per month ($518 including tax)
- residual value at lease end = $24,750
*********************************
Without (TECH PKG)
same interest, km allowance, months amount
payment $450 per month with residual value at $22,675
*********************************
When using online calculation for Lease Financing I get this
Lease Implicit Finance Charges (Lease Option) $2,774.55 (TECH PKG)
Lease Implicit Finance Charges (Lease Option) $695.25 (WITHOUT TECK PKG)
Please school me on this, why such a huge difference in financing #??
All feedback appreciated, thanks.
Narrowed it down to Acura TLX and this is what I am looking at:
- 2016 (TECH PKG)
- 36month lease
- 20,000km per year
- 0.9% interest rate
- price per month ($518 including tax)
- residual value at lease end = $24,750
*********************************
Without (TECH PKG)
same interest, km allowance, months amount
payment $450 per month with residual value at $22,675
*********************************
When using online calculation for Lease Financing I get this
Lease Implicit Finance Charges (Lease Option) $2,774.55 (TECH PKG)
Lease Implicit Finance Charges (Lease Option) $695.25 (WITHOUT TECK PKG)
Please school me on this, why such a huge difference in financing #??
All feedback appreciated, thanks.