E. D. Lease question?
#1
E. D. Lease question?
Dealer says leasing program now available for E. D. purchases. Money factor for US delivery is .00245 and ED delivery is .00367. With the higher money factor E.D. doesn't make sense to me. With the increased rate there is no longer a financial advantage for E. D.
Anyone here have experience with ED leasing? Thx.
Anyone here have experience with ED leasing? Thx.
#3
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That .00367 works out to an 8% APR. That's really horrible.
What car was this on or does it apply to every model?
It doesn't make sense that they would charge so high a rate just because it's a European delivery sale.
Even the .00245 rate is 5.88% which is worse than my credit union at 5.49%
It doesn't make sense that they would charge so high a rate just because it's a European delivery sale.
Even the .00245 rate is 5.88% which is worse than my credit union at 5.49%
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