Quote:
Originally Posted by cncmastr
Has anyone seen lease rates yet? If so, can you share? I have one dealer that is saying there is no residual and therefore no lease available. I smell bull...
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Quote:
Originally Posted by I Epic I
I think he means the residual is very low, he should be more clear. the buyout is around the same amount as the m2 comp, and the lease payment is a lot more than the comp. they depreciate the car around 65%.
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My CA got back to me on lease rates and said residual is 35% (i.e. what
I Epic I said) and money factor is .00122. That's for 36 months and 10,000 miles per year. I didn't know a residual that low was even possible.
Hopefully someone else posts something more encouraging, but this is what I was told. I hope I'm wrong.