Quote:
Originally Posted by TimSJ
the lease payment is made up of 3 parts.
Capitalized cost
REsidual Value
Interest Rate
If you can lower any of those you can get your payment lower. Rate and residual are generally set by the finance company and can't be changed. So if you can get them to drop the price of teh car the payment will go down. as a rule of thumb every $1000 drop in price will drop payment 20-30 per month
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Don't you usually want the residual value to be as high as possible, in order to lower the payment?
Also, I've been able to move the residual with Ford. Honda wasn't able to, and that was with talking to the fleet manager.