Leasing? Rates?
Re: Leasing? Rates?
Still waiting for my car but.... lease rates are currently 6.9% on 36 month lease with 56% residual on MSRP and 7.9% on 48 month with 50% residual. Residuals will likely drop by a point or so per month. So if I get my car by June, it might be around 54%. Dealers are charging anywhere from $300 to $388 for lease doc fees so that factors in to the overall cost as well. If you are interested in learning all about leases, check out www.leaseguide.com. Royal Bank also has an interesting deal called a Royal Buy Back Car Loan. Check it out here: http://www.rbcroyalbank.com/products...an/index.html. Hope that helps!
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