Quote:
Originally Posted by Gfit
That's easy. Say for example you add $1,000 in port installed options and residual is 57% so you are paying for $430 in depreciation which works out to $430/36 = $12 plus a few cents in interest.
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This. It's that simple.
The rate isn't going to add that much to the number. Term and residual are all you really need to know.