More Information about Single-Payment vs. Multiple-Payment
Leases
For example, consider a 4-year lease with monthly payments that has a "total of payments" of $16,368.12. (This amount is based on the example used in the Sample Leasing Form, page 1.) A similar 4-year single-payment lease may cost around $15,500, an amount that is less money. However, the single-payment lease requires the entire payment up front. |
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