Legger88
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- Jan 6, 2021
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- Genesis Model Type
- Genesis G70
Thank you for your input. This all good information.Putting aside whether you want payments or not, it is just a matter of running the numbers and seeing which way is the least expensive. You need to make a few guess as to what future interest rates and investment returns would be.
When the MF was extremely low it was a no-brainer to lease for the full term at 15k miles so the residual was as low as possible in order to use the almost free money. I haven't been following the MFs but if they are up in the 2% range as you mention then perhaps paying the lease off early is a better option depending on what that funding source would be.
Thanks!