What should Market Factor be for a one time pay upfront lease?

yoyoma25

First off, the dealer is giving me a market factor of .00196 vs. the .00156 for standard lease, but for upfront lease payment, he is discounting it to .00166 (still above standard). Should I be getting .00126?

kyfdx

yoyoma25 said:

First off, the dealer is giving me a market factor of .00196 vs. the .00156 for standard lease, but for upfront lease payment, he is discounting it to .00166 (still above standard). Should I be getting .00126?

The discount for single-pay is .00030.

So, the dealer is marking up the rate the maximum, in either case.

Either way, it's not worth pre-paying a lease, just to save .00030 on the money factor. (IMO)