Residual Help
Residual Help
Ok, spoke to dealer, and comparing to lease rate charts.
6mt Sport has residual of 74% (15k mi)
It says, add 2% for 12K mi (74+2 = 76%)
However, dealer insists and has showed me paperwork that the difference add for 12k mi is 1% not 2%, so he's saying residual is 75%
Can anyone confirm if he is right or how I can prove him wrong?
6mt Sport has residual of 74% (15k mi)
It says, add 2% for 12K mi (74+2 = 76%)
However, dealer insists and has showed me paperwork that the difference add for 12k mi is 1% not 2%, so he's saying residual is 75%
Can anyone confirm if he is right or how I can prove him wrong?
I can confirm. Went throught the SAME exact thing last night. I sent a message to the Lease Compare guy, and he confirmed that was only a 1% increase for 12K miles.
Go for the 15K miles.. it's only $17 more per month, or $408 throughout the whole 24 month lease. If you were to go over by the 6,000 extra miles you are getting, it would be $1,200.
Go for the 15K miles.. it's only $17 more per month, or $408 throughout the whole 24 month lease. If you were to go over by the 6,000 extra miles you are getting, it would be $1,200.
Funny thing is, dealer keeps telling me to take 12k a yr and "any dealer thats worth his salt can make that a non issue at the end of your lease"
I think he's referring to the fact most dealers get 1500 at end of lease to "refresh" the car.
I think he's referring to the fact most dealers get 1500 at end of lease to "refresh" the car.
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