Quote:
Originally Posted by Isty
Ahh ok!
Leasing in Sweden is stricktly 0% down payment and a fixexd montly payment for 36 months, then you lend it back or get offered to buy it out.
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For us, the lease is really more of a rental... It's not really a loan with a balloon payment at the end. The expectation is very much that you will return the vehicle, and you must. If you decide to purchase you must return, then purchase.
The vast majority of folks that lease simply return and never intend to purchase (doesn't make much sense to purchase in most cases). For me in Texas, is particularly brutal due to taxes.
In Texas, you pay taxes for the entire vehicle price during the lease (e.g. for the MSRP minus discounts). Then if you decide to purchase you pay taxes
again for the residual value. So in the end you pay taxes for about 150% of the vehicle.