Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

Can Residuals be negotiated?

mohneetmohneet Posts: 8
edited August 2017 in Hyundai
Hi Guys,

I'm wondering if the residual is something that should be negotiated. For my vehicle, I'm seeing residuals of around 50% but I'm wary that the dealership might use something close to 45% to jack up my payments, in which case I'd want to negotiate that as well. Any past experiences on that? Thanks in advance!

Comments

  • mohneetmohneet Posts: 8
    edited August 2017
    As answered by Michaell in the other thread, "Residuals can't be altered by the dealer"
  • kyfdxkyfdx Everywhere, USAPosts: 127,999
    mohneet said:

    As answered by Michaell in the other thread, "Residuals can't be altered by the dealer"

    Exactly... residuals are set by the leasing bank and cannot be altered.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.