View Single Post
      08-23-2020, 03:10 PM   #32
Jc360
Enlisted Member
27
Rep
40
Posts

Drives: x5m
Join Date: Mar 2015
Location: chicago

iTrader: (0)

Quote:
Originally Posted by jcote258 View Post
Quote:
Originally Posted by Jc360 View Post
—-.

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.
Quote:
Originally Posted by jcote258 View Post
Quote:
Originally Posted by Jc360 View Post
—-.

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.

Thanks for the info.
Appreciate 0