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If I were to Finance the vehicle I would only have to make a payment for 6 years and with a lease I have a payment for 7 years. Don’t I end up paying more that way?

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If I were to Finance the vehicle I would only have to make a payment for 6 years and with a lease I have a payment for 7 years. Don’t I end up paying more that way?

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No, as you can see with the Preferred Options Program you have gain substantial savings by using this method. T0 better illustrate the point even further if you were to take the total amount that you have paid for the vehicle by leasing and financing the residual first and dividing that by the total number of months you will see an a average monthly payment that is still lower still than if you had financed the car with a standard retail installment loan. Remember also had you financed the car for same numbers of months as you have with the Preferred Option Program you interest rate would have been even higher.

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