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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 Posts: 104,108
    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.

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    Edmunds Moderator

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