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To make an apples to apples comparison, not an apples to oranges, between Leasing and Financing, enter the capital cost or cash price, the sales tax in effect in your province, the capital cost reduction or down payment, the residual value percentage, the lease and loan term and the annual interest rates in the appropriate boxes. (You don't know the annual interest rate for a lease because you were given a money factor? To convert to annual interest rate, multiply the money factor by 2400)
Click on Calculate to compare these two options.
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