I'm also in WI and this weekend looked at a 2016 CX-5 Grand Touring w/ AWD. MSRP is 34910 and between the lease cash and initial discount, they offered a 33,000 cap cost right off the bat. For 36/12000 I'm being told 57% residual and .000510. Is that right? Is the .00001 gone?
I'm also in WI and this weekend looked at a 2016 CX-5 Grand Touring w/ AWD. MSRP is 34910 and between the lease cash and initial discount, they offered a 33,000 cap cost right off the bat. For 36/12000 I'm being told 57% residual and .000510. Is that right? Is the .00001 gone?
The bank allows dealers to mark up the rate by .00050 for extra profit.
Answers
.00013 MF and 56% residual
33/12: .00001 MF and 60% residual
$500 lease cash
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The base MF is still .00001
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