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May 21, 2006

Used Cars in China

fast car jaguar luxury car From a post on the car market in China, a look at how luxury car leases work.

For example, if you lease a $35,000 luxury car for 36 months and it has a residual value of 70%, it is worth $24,500 at the end of the lease. It has only lost $10,500 of its value, and you will have paid $291 a month (plus interest, tax and related fees). As a rule of thumb, monthly lease payments were about 30% to 40% lower than monthly payment resulting from an automotive loan from a bank – naturally, lower monthly payments was a major driver in accelerating the popularity of leasing.

 

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Read more from this blogger:
Used Cars in China: Part 1 - America’s experience with interest rates, leasing, and auctions

Posted on May 21, 2006 08:40 AM by Luxury44.
Filed in Fast Cars under luxury cars.
Permalink permalink | Comments (3)

Comments

Give your price list of used cars 4 x 4 cars

Posted by: Derek at January 18, 2008 12:29 AM

dear
l would like to send me info and your rates of the used cars from your country am an america dealer importer whom wants to start importing in you produts in america, south america, africa, and australia .
Hope you reply soon
engr.bratt_cl@yahoo.co.uk

Posted by: porier james at July 27, 2006 06:10 AM

dear
l would like to send me info and your rates of the used cars from your country am a ugandan importer whom wants to start importing in you produts in uganda.
Hope you reply soon
mfaiswal@gmail.com

Posted by: faiswal at July 10, 2006 10:50 AM

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