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Old 05-20-2008, 08:31 AM   #544
TimSJ
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Join Date: Oct 2001
Location: Saint John, NB
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the selling it for $16,000 in 3 years is the part where you are having the problem.. and are a bit unrealistic.

Even if you could sell the car for the $16k in 3 years you have the first option to buy the car out of the lease and at that number you would have equity on the residual and you could buy it outand sell it.

If we look at a 2004 Mazda 3 for the 4 year old comparison. it is worth about $9000...

I don't think that you are figuring in the tax either in you $21,300 number
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