Quote:
Originally Posted by paradoxical3
84 month loan makes a ton of sense on the M2 if you get a good APR and put down a large down payment to ensure you are not upside down, since the lease rates are so terrible.
|
Putting a large deposit down makes no sense when financing can be had for under 2%. Going upside down will largely depend on the resale value of the car while it is in limited supply. I would be willing to bet that the depreciation curve of the car will actually float above the loan balance for the duration of the loan even with an extended term like 84 months.