Does the residual and money factor of a lease really matter if you know for a FACT that you will be turning in the car at the end of the lease.

I'm assuming that monthly payment (and obviously down payment if that is negotiated) is the only thing that really should matter in the negotiation. Whatever the dealer has to do to meet that monthly payment, like changing around the values of residual and MF, is what matter, but it doesn't really matter what those residual and MF values are, does it?!



Basically....if you know 100% that you are giving up the car at the end of the lease, is monthly payment the only factor to consider on equally equipped cars???

 

check out this site. They have pretty much everything there is to know about leases and the pros and cons of different things. www.leaseguide.com

 

residual and money factors are SET by Infiniti (or an outside bank if you go through a 3rd party leasing bank). Same goes for the residual percentage values which only change when you do 12k or 15k miles (some can change w/10k miles per year

 

Kenny, do you guys ship cars to NJ. If so, and your deals are good, I'd be interested in getting pm'ed a price for a fully loaded ivory pearl g35x.

 

Residual is definitely set by Infiniti and the Base money factor is set by IFS. However, if I am not mistaken then the dealer can mark the money factor up to anything he wants. In fact he can also lower to what ever he wants to make it look like they are loosing money. If they do that then you can bet they are making it up some where else. Please correct me if that is wrong?

If you aren’t concerned about money factor, residual, money down(Or lack there of), cap cost reduction, discount of off MSRP, number of miles allotted, lease term, and turn in inspection costs then maybe leasing is not for you? Leasing is the quickest way to get someone out of a bad car situation and into an even worse situation. If you know what you are doing and you can take advantage of the Tax benefits then it can be a far better option than buying. Bottom line do your homework!