2016 CX-5 Lease Deal/No?

mcpmazdamcpmazda Member Posts: 2
edited November 2015 in Mazda
Think I got a good deal, but wondering if I should have pushed for a bit more on the residual. Feedback?
2016 CX-5 Grand Touring AWD, Tech Pkg
39/12
Negotiated value $29850
Cap 31000.03 (keep in mind I live in Chicago, taxes are killer)
MF .00013
Residual .56

Think I could I have successfully pushed for 57 on the residual with those terms?

Thx

Comments

  • MichaellMichaell Moderator Posts: 264,337
    mcpmazda said:

    Think I got a good deal, but wondering if I should have pushed for a bit more on the residual. Feedback?
    2016 CX-5 Grand Touring AWD, Tech Pkg
    39/12
    Negotiated value $29850
    Cap 31000.03 (keep in mind I live in Chicago, taxes are killer)
    MF .00013
    Residual .56

    Think I could I have successfully pushed for 57 on the residual with those terms?

    Thx

    The residual is set by the bank and cannot be negotiated. In other words, "it is what it is".

    I'm learning about the onerous lease taxes in Cook County .. something like 17%? :open_mouth:

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