05-01-2009, 08:14 PM
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#3 (permalink)
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Base Member
Join Date: Apr 2009
Location: Rumson, NJ
Posts: 17
Drives: MB
Rep Power: 18
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Quote:
Originally Posted by Zlips
Use this: Car Lease Calculator — Monthly Lease Payments and Costs
to determine if it is a good deal. At first glance it appears it is not. Residual on the 370z (from my dealer is 56% with 15k miles per year and 57% with 12k miles per year) Also the money factor is .00325 or 7.8%. Is he selling the car to you for $31,000 less you cap reduction or is the 31,000 including the 2500 cap reduction? That will make a difference in the estimated lease price as well. Hope this info helps. |
Do you know if the Residual % and the MF is still the same?
Would I be safe to assume that if I need 20,000 miles per year, I could guesstimate that the residual might be 55%
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