Quote:
Originally Posted by wtwo3
As others have mentioned above, it's going to depend on a few things at time of lease signing:
- Regional discounts (Can you get 10% off msrp?)
- Availability of Incentives (Loyalty, lease cash, etc)
- Money Factor
- Residual Value
If you can get a healthy 10% discount, along with some good incentives, a low buy rate money factor and a good residual, you can easily get a payment in the $800-$900 range.
On the flip side, if discounts are hard to come by and there aren't any incentives being offered, plus low residuals, you can expect that payment to balloon up to $1k+.
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I think a safe rule of thumb for anyone budgeting AND is also planning to wait for pricing to settle. (If you are in the "gotta have it" bucket then sky is the limit)
Get out your handy lease calculator and know your state specific rules (tax up front or per payment, doc fee limits, etc) and don't forget to add the acquisition fee!
Use current 3 or 4 series residuals
Use current base MF
Assume $0 in additional incentives
Assume 5-7% off msrp (slightly above invoice)