Thank you for your response! Yes you are right the deposit will be worked into a discount rate. I did not include the discounted rate- sorry. So if the residual given to me is 65%... is that good?
Thank you for your response! Yes you are right the deposit will be worked into a discount rate. I did not include the discounted rate- sorry. So if the residual given to me is 65%... is that good?
Please provide most recent money factor and residuals for 2016 GLE 400 and GLE 350 at 36 mo and 15k. I am also interested in the money factor for both if you do the single pay option at 36/15. Thanks.
Please provide most recent money factor and residuals for 2016 GLE 400 and GLE 350 at 36 mo and 15k. I am also interested in the money factor for both if you do the single pay option at 36/15. Thanks.
GLE 400: Standard MF and 53% residual GLE 350: .00104 MF and 54% residual.
We've heard that discount for one-pay lease is .00100, but don't have any evidence.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We don't track selling prices.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks in advance for your thoughts . I am leasing the 2016 GLE. 7500 miles/36 months (I drive very little)
MSRP $59,065
Selling price $52,383
Residual $34,257
MF 0.00104
monthly payment $643 incl tax
I'm placing a refundable security deposit down ($3500)
Drive off $2500 + security deposit
Is this fair?
.00104 is the base rate, without a security deposit. Are you getting a discount from that rate for the large deposit?
If the selling price was the net CAP cost, the payment should be $594.mo.+tax, with an MF of .00104
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I am also interested in the money factor for both if you do the single pay option at 36/15.
Thanks.
GLE 350: .00104 MF and 54% residual.
We've heard that discount for one-pay lease is .00100, but don't have any evidence.
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator