Can Residuals be negotiated?

mohneetmohneet Member Posts: 33
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!
Tagged:

Comments

  • mohneetmohneet Member Posts: 33
    edited August 2017
    As answered by Michaell in the other thread, "Residuals can't be altered by the dealer"
  • kyfdxkyfdx Moderator Posts: 267,412
    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.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.

Helpful Tools

Most popular vehicles

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.