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Old 12-11-07, 10:24   #12 (permalink)
bert31
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Re: Leasing vs. Owning

Quote:
Originally Posted by jsatek
Is 7.9% competitive on new car finances over 60 months now?
Someone with bad credit could probably get a better rate than that. Someone with good credit should be able to the prime rate plus a percent or so.

Generally you are better off buying the car and financing with a credit union than leasing. Leasing companies due very well with the interest figured into the lease.
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