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Purchase Vs Lease Decision

Lexus LS 460L. Purchase Vs Lease Decision. TEAM 3 MEMBERS : Adrian Escalera Andrew Robertson James Snell. The Situation:. Leasing v. Buying a Car Shared Qualities of Scenarios: Car: Lexus LS 460L Fully Loaded Time span: 5 Years 15k miles per year. Assumptions. Buying Car

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Purchase Vs Lease Decision

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  1. Lexus LS 460L Purchase Vs Lease Decision • TEAM 3 MEMBERS: • Adrian Escalera • Andrew Robertson • James Snell

  2. The Situation: • Leasing v. Buying a Car • Shared Qualities of Scenarios: • Car: Lexus LS 460L • Fully Loaded • Time span: 5 Years • 15k miles per year

  3. Assumptions • Buying Car • Sell car at the end of loan • MSRP is negotiable • Full purchase tax is added to loan • Leasing Car • Trade car in at the end of lease • For Both • Maintenance Costs will be roughly the same • Will need to purchase insurance

  4. Variables Purchase • Down Payment • Terms of Financing • Term of Purchase • Salvage/Sale Value Lease • Term of Lease • MARR • Re-leasing New Car With Same Initial MSRP

  5. Research Resources: • Internet • Visiting Dealerships • Family Members • Library Research Resource Center

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