Quote:
Originally Posted by kaitan
But isnt generally the RV/balloon payment is calculated based on the value of the car when the RV/balloon payment is due?
Example. $80000 Car after 5 year will be value at $40k. So shouldnt the RV/balloon % be 50%/$40k assuming after 5 years I want to change car after that.
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I wouldn't be doing a 5/50 for love not money; you'll be perpetually be at their mercy forever. At a stretch maybe 40% on a beamer but I'd suggest 30%.
If it was something more "mainstream" like a Holden/Toyota I would be suggesting 15% over 30%.
Glasses guide puts out a projected residual value snapshot for everyone & model FYI.