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Old 06-20-2009, 03:53 AM   #17
phiz118
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Drives: 2007 Lexas IS350
Join Date: May 2009
Location: Texas
Posts: 143
Quote:
Originally Posted by kdoske View Post
lol, yeah thats usually the case. The only other senario is to sell it at the end of the 5 years. According to this calculator you would owe $13,582.71. So if at the end of 5 years if you can get $13,582.71 for a $32,000 car then you will be free and clear.

I'm not going to do it because it scares me, but there is definitely potential there if you play your cards right.
That would be called a lease. And you are protected that way.
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