Quote:
Originally Posted by GasoLane
I think you missed the word 'leased'.
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No I didn’t miss the leased part at all.Bottom line is a lease is based on cost of the vehicle and resale value at the end of period.I am not conversant with lease percentage of value,but I presume the lessor would want to make maybe 20% margin,so the lease figure on a 60k car will be a lot lower than a 150k car.If lease costs were the same we would all lease Merc Amgs instead of corollas wouldn’t we?