Lexus LS 460L

TEAM 3 MEMBERS:Adrian EscaleraAndrew RobertsonJames Snell

The Situation:

Leasing v. Buying a Car Shared Qualities of Scenarios:

Car: Lexus LS 460L○ Fully Loaded

Time span: 5 Years15k miles per year

Assumptions

Buying CarSell car at the end of loanMSRP is negotiableFull purchase tax is added to loan

Leasing CarTrade car in at the end of lease

For BothMaintenance Costs will be roughly the sameWill need to purchase insurance

Variables

PurchaseDown PaymentTerms of FinancingTerm of PurchaseSalvage/Sale Value

LeaseTerm of LeaseMARRRe-leasing New Car With Same Initial

MSRP

Research Resources:

Internet Visiting Dealerships Family Members Library Research Resource Center