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Just got a new ford tonight. Am i allowed to make payments a head of time? pay two months at a time? on lease
I'd wait for the bill to be on the safe side.
Grits ain't groceries and leases ain't loans.
There is zero benefit to you to pay a lease ahead of time or off early. They aren't loans and thus don't have an interest component like a simple interest loan.
If you want to build up a payment reserve, put it into a savings account. If you want to roll the dice buy a share of AAPL through sharebuilder.com each month you have an extra payment available. Or maybe some Spyders, Qubes or Diamonds.
@coterotie wrote:Grits ain't groceries and leases ain't loans.
Put so perfectly. Just fell over laughing, thank for the Friday afternoon chuckle.
@coterotie wrote:Grits ain't groceries and leases ain't loans.
There is zero benefit to you to pay a lease ahead of time or off early. They aren't loans and thus don't have an interest component like a simple interest loan.
If you want to build up a payment reserve, put it into a savings account. If you want to roll the dice buy a share of AAPL through sharebuilder.com each month you have an extra payment available. Or maybe some Spyders, Qubes or Diamonds.
+1000 Well said!