I have been looking at all the alternatives in financing/leasing a new TL-S. Conventional financing is pretty straight forward, leasing seem to be a viable alternative....and now I have come across a 'Like-a-lease' or 'Payment Shaver' loan option at the Credit Union. These programs are advertised as "like a lease...only better!" Looking at this option briefly, it looks like another alternative to consider. It appears to have a few benefits over leasing. (More miles, no fees, ownership, reduces insurance costs, easier out, etc.)

The following links provide additional information....and a calculator that give a rough idea.
http://www.mpecu.com/paymentshaver.htm
http://calculator.paymentshaver.com/

Anyone have any feedback/thoughts/experience with this particular option?

ANY feedback will be greatly appreciated!