08-23-2020, 03:10 PM
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#32
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Enlisted Member
Drives: x5m
Join Date: Mar 2015
Location: chicago
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Quote:
Originally Posted by jcote258
Quote:
Originally Posted by Jc360
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Can I ask your lease terms? Money factor and residual?
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12k/36 , .00099 MF, .54 Residual (66K was residual value)
I was going to do 15K miles, but that dropped the residual to .52, and the finance guy asked if I was going to be driving that much and told me not to as it will be a waste of money, so I backed down to 12K and gained a couple of points on the residual. he told me it was 30 cents per mile if I go over which made more sense then throwing away the miles upfront and I agreed.
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Quote:
Originally Posted by jcote258
Quote:
Originally Posted by Jc360
—-.
Can I ask your lease terms? Money factor and residual?
|
12k/36 , .00099 MF, .54 Residual (66K was residual value)
I was going to do 15K miles, but that dropped the residual to .52, and the finance guy asked if I was going to be driving that much and told me not to as it will be a waste of money, so I backed down to 12K and gained a couple of points on the residual. he told me it was 30 cents per mile if I go over which made more sense then throwing away the miles upfront and I agreed.
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Thanks for the info.
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