| Conventional Financing |
|
Ford Red Carpet Leasing |
| Big note |
|
Small note |
| Long-term obligation |
|
Shorter term |
| Tax on full selling price. |
|
Tax only on down payment and payments |
| Assume all risk of resale |
|
No resale risk. Option to sell, purchase, trade or walk away. |
| Uncertain of value at sale |
|
Know balance to purchase at inception |