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a_holzbaur t1_j9tru5x wrote

Reply to comment by strvgglecity in The future holds a 25000$ compact EV leasing at 250$ pr month by RolfEjerskov

Not saying OP did any math of value, but they did state a lease vs the math you did for financing (“auto loan”), so you aren’t exactly comparing apples to apples here …

Currently the lease on a (just barely—$24,100) sub-$25k Corolla with $3k down for 39 months is $269/month direct from Toyota.

The same car financed for 60month/4.99%APR and 3k down would have a payment of $384.

All of that will be plus your local taxes and any fees of course …

Those numbers and offers are all direct from Toyota (and are going to be credit dependent of course).

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strvgglecity t1_j9u8gcu wrote

That's 800-850 credit score, yes. Average rates closer to 6-6.5%, but this isn't meaningful lol. We're discussing a car that doesn't exist

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