MadManMark
Member
I was going to lease. Let’s say 6x48 at a ballpark figure of £500 month. That’s £27,000.
Purchased instead for £41,000.
So after four years anything over £14,000 is a win.
I obviously I don’t know your specific financial circumstances, but I don’t think your calculation is quite that simple. Were you expecting to earn no interest on the £41k if you had left it in the bank? With interest rates as they are today that 41k could have earned 9k in interest over 4 years.