Which commuter car has the best residual value?
In general, among cars (2dr / 4dr) which make and model has the best residual value on a lease? I googled "cars with best residual value". Most of the results were off road vehicles like 4runner and wrangler.
I currently, have a 2008 Honda Civic which I am looking to replace.
I currently, have a 2008 Honda Civic which I am looking to replace.
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Residual is just one piece of the puzzle, when it comes to leasing. A high residual could also have a high money factor and a low incentive, and could have a higher payment than a car with a better balance of numbers.
My recommendation is for you to take some test drives, and find a few cars that you'll be happy driving for the next 3 years. Then, come back and get the numbers for those that make your short list.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If you are set on leasing, you should pick the vehicle with the lowest payment, as that is your fixed cost over the next three years, and you aren't likely to benefit financially at end of lease.
Corollas and Civics both have pretty good lease programs, at this time. (though, that will vary by your location)
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Of course, the Leaf has a relatively low residual, as do most EVs.
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There's a reason why it's called the lease merry-go-round; once on it, it's hard to get off.
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