Residual seems quite low

w951wxj

Here is the deal one dealer is quoting me for a Mazda 3 - GT in Wisconsin
Gross Cap - 24864
Net Cap - 23199

They are quoting me $342 for 39 months on 15K/year -

That leaves a residual of 42%ish - that seems like a very low residual

What am I missing

kyfdx

w951wxj said:

Here is the deal one dealer is quoting me for a Mazda 3 - GT in Wisconsin
Gross Cap - 24864
Net Cap - 23199

They are quoting me $342 for 39 months on 15K/year -

That leaves a residual of 42%ish - that seems like a very low residual

What am I missing

What is the MSRP?
You can't reverse engineer a lease variable, without having all of the other variables.
Like the money factor.

Sedan or Hatch?
i or s model?
Auto or manual?

Answer those three questions, and we can give you the residual percentage.

w951wxj

sedan
I GT
24751 is MSRP
AUTO

Michaell

w951wxj said:

sedan
I GT
24751 is MSRP
AUTO

39/15 lease numbers (assuming this is a 2016) are 46% and .00001

Using your MSRP and net cap, I get $303/mo before tax.

What is the tax rate in WI?