leasing

fitmom22fitmom22 Member Posts: 15
edited November 2019 in Hyundai
Hello, Whats the MF, Residual, Lease credits for a 2020 hyundai palisade for the sea and limited models in awd for 36 months/10k miles in 07011
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  • MichaellMichaell Moderator Posts: 263,791
    fitmom22 said:

    Hello, Whats the MF, Residual, Lease credits for a 2020 hyundai palisade for the sea and limited models in awd for 36 months/10k miles in 07011

    LTD AWD - .00165 and 61%; $1000 lease cash
    SEL AWD - .00171 and 62%; $500 lease cash

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  • fitmom22fitmom22 Member Posts: 15
    Can the MF and residual be different for different dealerships? i just started learning about what to know for leasing so I'm not sure
  • MichaellMichaell Moderator Posts: 263,791
    fitmom22 said:

    Can the MF and residual be different for different dealerships? i just started learning about what to know for leasing so I'm not sure

    The dealer is allowed to mark up the MF as much as .00040; you'll want to push back on that, and only work with dealers who will give you the base MF

    The residual is fixed by the bank; you'll want to double check the trim, drive (FWD vs. AWD), term and mileage to ensure you get what you want.

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  • fitmom22fitmom22 Member Posts: 15
    ok so the numbers you gave me is the base for MF and wouldn't be lower but they could give me higher...
  • kyfdxkyfdx Moderator Posts: 267,520
    fitmom22 said:

    ok so the numbers you gave me is the base for MF and wouldn't be lower but they could give me higher...

    Correct

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