Using R to calculate car lease payments
Purchasing a car is a significant time and financial commitment. There is so much at stake that the required song and dance with the sales manager don’t alleviate any fears about over paying. Thus, it is difficult to determine the equilibirum point at which the dealer will accept your offer versus how much you are willing to pay. I decided to write this for a few reasons: I am in the market for a new car Rather than doing actual car shopping I thought it would be more fun to procrastinate Online calculators are quite clunky when you want to compare and contrast monthly payments Hopefully, this will help others make more informed car buying decisions (TBD on Shiny app) Note: this guide will focus only on leasing and not the auto financing aspect of it ...