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- May 16, 2008
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Per the Parkers example I quoted earlier,
Panda - £8,600, 65% residual after a year, £3,010 cost.
500 - £10,700, 78% residual after a year, £2,354 cost.
Cost of additional capital (£10,700 - £8,600) @ 5% £105.
500 works out, in that example, £550 cheaper and lets face it, which would you rather have
Panda - £8,600, 65% residual after a year, £3,010 cost.
500 - £10,700, 78% residual after a year, £2,354 cost.
Cost of additional capital (£10,700 - £8,600) @ 5% £105.
500 works out, in that example, £550 cheaper and lets face it, which would you rather have