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How much does one extra year alter the payments on a lease deal?

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Old 09-27-2005, 10:10 AM
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Default How much does one extra year alter the payments on a lease deal?

Using the national lease deal of $349/mo for 24 months as a model, how much less would the monthly payment be if it was a 36 month or 48 month lease? Is there a way to calculate this?
Old 09-27-2005, 10:19 AM
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Default All depends....

Depends on a few things, but for some odd reason when I picked up my A4 on a 24 month lease, it was actually cheaper by $9 a month to get the 24 month lease as opposed to the 36 month lease. Which was perfect for me anyways since I wanted the 24 month lease period instead of something longer. But it all depends on the sticker price, residual value they mark on the car, MF, your credit score, etc.
Old 09-27-2005, 01:13 PM
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Default Thanks for sharing your info. My first A4 lease was the same way...

it was less a month to go for 48 months instead of 60 months. I am just trying to figure out ways to get my monthly payment down without putting more $ down.
Old 09-27-2005, 02:42 PM
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You mean how much more would 36 or 48 months would be
Old 09-27-2005, 07:13 PM
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Default Doesn't the monthly payment go down the longer the term?

It's usually been this way with all my other leases (except on my current A4).
Old 09-28-2005, 02:25 PM
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watch the money factor.
Old 09-28-2005, 10:57 PM
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Under the current program 24 months is the least expensive
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