Quote:
Originally Posted by Luminor513
Base money factors are high to begin with, and then dealers are taking advantage of marking them up (max allowed is .00040 which equates to 1 percent) so you have people paying over 4% interest in some cases. Then the sale price is often over MSRP. All of this combines to create ridiculously high monthly lease payments.
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Basically a market where leasing makes no sense, but the dealerships will fleece those who lease out of habit.
AKA the sky is blue.
If you go into a dealership clueless they’ll bleed you like a stuck pig…