Re: Financing/Leasing sources

[Andrew Duane USG/PE <duane@zk3.dec.com>]

Hairy green toads from Mars made Scott Bermes say:

> Are there any leasing vendors in the marketplace which will do business 
> without having to purchase a car from a dealer? If I see a '94-'96 
> model from a private seller, where can I go to look at a lease?  
> Financing a S4/S6 on a 5 year bank note is still an expensive 
> proposition for my budget.

Likely not (by definition). Leasing implies that you are "renting"
the car from the company, and intend to give it back when done.
A private seller wants to sell it, not rent it.

There are some companies in the computer business that "buy"
things, then lease them back, but it's a very complex business
driven by the fact that computers are commodity items, and the
bizarre tax laws around capital and depreciation.

I doubt anyone does anything like it for cars, especially a specialty
car like the S6 that they likely can't sell afterward.

I get about $800/month for $40K over 5 years at 7%. Over 6 years,
that is about $680. Tough, but who said owning Audis was easy?

-- 

Andrew L. Duane (JOT-7)			duane@zk3.dec.com
Digital Equipment Corporation		(603)-881-1294
110 Spit Brook Road
M/S ZKO3-3/U14
Nashua, NH    03062-2698

Only my cat shares my opinions, and she's too heavy to care.