IL lease laws have finally changed - Please advise
Awesome forum. Lots of useful info and helpful folks. My first post here. Never leased ever due to IL taxing on full selling price until last year. Outgoing governor finally changed law and starting this year we can lease like most of you guys. You can google for ""il auto lease law" for details. Planning to lease a 2015 EX. Please tell me current IL MF and residual for
24months/10k,12k,15k
36months/10k ,12k,15k
How do you guys find this out by the way ? Direct from Honda financial or feedback from others who lease ?
ThankYou
24months/10k,12k,15k
36months/10k ,12k,15k
How do you guys find this out by the way ? Direct from Honda financial or feedback from others who lease ?
ThankYou
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24mo, 15K/yr residual: 65%. 66% for 12K/yr
36mo, 15K/yr residual: 58%. 60% for 12K/yr
No 10K/yr plan for Hondas
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I show Illinois as a Region A state, which gets the .00041.
.00089 is the Region B money factor..
But, Honda dealers don't markup money factors. If your dealer says it's .00089, then they are in Region B, and I would take that at face value.
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