You want to buy your dream car. Its sticker price is $ 65,000. The bank is offering you financing at 2.425% for 60 months. If you are required to make a 10% down payment, estimate your monthly payment.. The price is ($ 65,000). You have decided that you cannot afford this payment. Instead, you prefer leasing the car. Ignoring other considerations with leasing, compute the revised monthly payments. Leasing is slightly more expensive – at 3.75%, and is offered for 48 months. At the end of the lease period, you can buy the car for its residual “blue book” value of $ 24,000, or return the car. Assume you will still need to make a 10% down payment on the car.