# leasing question

**URL:** https://forums.speedlife.net/t/leasing-question/27325
**Category:** NYSpeed Automotive
**Created:** [April 9, 2007, 10:56am UTC](https://forums.speedlife.net/t/leasing-question/27325 "2007-04-09T10:56:19Z")
**Posts on this page:** 1
**Showing post:** 5

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### Author: ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [April 9, 2007, 11:09am UTC](https://forums.speedlife.net/t/leasing-question/27325/5 "2007-04-09T11:09:31Z")

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48 months is a long time for a lease.

48 x 630 = 30240

30240 + 5000 cash at sale = 35240.

So a $37000 car is only worth $1760 after 4 years? I know I’m not adding in sales tax, but still, this sounds like a total ripoff. I mean hell, you might as well buy the fucking thing if you’re already paying for 95% of the original cost.

EDIT:  
Just ran the numbers. 37000 + 8.75% sales tax - 5000 cash financed at 3.9% for 60 months = 647/month. So yeah, that lease officially sucks balls.

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