Learn how to calculate a lease...

[doctorthirst]

Just wanted to say, "Thanks." My folks are looking to lease a CR-V and aren't really ones for reading the fine print, so I feel obliged to help 'em out. Reading this post made me feel prepaired.

I really appreciate the time you took to make that spread sheet.

Cheers!

[Bowlth]

For this example, I would save up and put money down towards financing the vehicle if you really want to own it in the end. However, you could look for a lease transfer where someone has put several thousands down that would reduce the monthly costs of the lease. In addition, the buy-back might be even better than buying used.

Just a thought.