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Down Payment $ 1,500.00 Lease Term 36 Months Lease Payments $ 189.00 Per Month Buy Out Price - End of Lease $ 12,000.00 Market Loan

Down Payment $ 1,500.00 Lease Term 36 Months Lease Payments $ 189.00 Per Month Buy Out Price - End of Lease $ 12,000.00 Market Loan Rate 8% Sales Tax 6.75% Title Fee $ 15.00 Lower than the example in the lecture but use this Your Highes Credit Card Rate 15.00% Outright Purchase of Car (Before tax and title) $17,000.00 Assume that you can buy the vehicle for $17,000 before tax and title. The NPV of the car if you lease will be

Assume that you can buy the vehicle for $17,000 before tax and title. The NPV of the car if you buy it is

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