Salam
I have leased a mehran in jan 2015 on a 5 years tenure on 200k advance and uptill now I have paid two years worth of installments of 14000 each so, ultimately 3 years are left. I am now thinking to payoff the remaining amount and get out of this leasing trap as well as getting rid of this teen ka dabba to buy another sedan.
I wanted to ask whats the correct calculation of how much I have to pay as I am pretty confused on this and the residual value.
Thanks. Waiting for valuable responses
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