Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Historically, is the residual highest when new model first comes out, and then drops month by month? We are going to be ordering, so trying to get a preliminary idea of whether we should buy or lease.
Thanks
Yes... residuals are usually highest at the beginning of the model year.
Given the tax situation in MD, I'd rather buy, I think.
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Yep, I get that since we live in DE if we lease we are subject to DE taxes, not MD.
6% on the full selling price, there.
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