Why Leasing Companies Love Leasing
December 20th, 2008
Leasing companies (including the ones that are owned by automakers) have two reasons to love leasing. First, it allows them to make a lot more interest on every car they finance, since less principal is being paid off in every lease payment.
For example, on $20,000 loan and lease balances, at 8% for 3 years (50% [...]