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Comments
Think the dealer is trying to befuddle me.
Ford 2018 Fusion on a lot in 08822. He says he will sell the car for 22550. 10.5k miles/ 36 months.
.85APR. Says residual is 41%. With zero down and including taxes and docs fees, he wants $378/month. Seems high for a lower priced car. Is he too stingy on the residual?? What should I be paying a month for such a car.
Many many thanks!
What is the MSRP?
Dealer cannot alter the residual; that is fixed by Ford Credit.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
SE ecoboost. 1.5L. Has 202a package and moonroof and touchscreen and sync3
I suppose I’m paying NJ sales tax on entire amount in lease which drives up the price. But 378/month seemed high to me. Thank you.
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You aren't paying for 59% of the car, because of the big discount, but still paying for enough that it's not a good lease deal.
For instance, if you were leasing a 2018 BMW 340i, the 36/10 residual is 61%.
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At least I feel informed and see the hidden cost of the cheap sales price. Given my budget, and that we like the Fusion's ride well enough, this might be an okay deal for me. Thank's for your input.
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.35% and 42%
$5000 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4