residual values on leasing
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08-25-2003, 03:32 PM
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08-25-2003, 04:11 PM
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Re: residual values on leasing
You should definitely buy this car. Infiniti's have a residual value of 50-51% after 3 years, so it makes the lease price very high. The average BMW or Mercedes, in comparison, has a 3-year residual value of 60-65%. But I think once this car is out for 3 years, it's limited availability and high demand should give it a strong used car market, bringing the residual value up to 60%. So if you're planning to keep the car only for 3 years anyways, you should still probably buy this car over lease (granted you are getting a good financing rate, or are just paying in full up-front).
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08-25-2003, 04:15 PM
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08-25-2003, 05:10 PM
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08-25-2003, 11:52 PM
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Re: residual values on leasing
<blockquote><font class="small">In reply to:</font><hr>
You should definitely buy this car. Infiniti's have a residual value of 50-51% after 3 years, so it makes the lease price very high. The average BMW or Mercedes, in comparison, has a 3-year residual value of 60-65%. But I think once this car is out for 3 years, it's limited availability and high demand should give it a strong used car market, bringing the residual value up to 60%.
<hr></blockquote>I don't know where you got that idea. The residual most definitely will NOT go up with a longer term, it will go down. Stop and think about it. If the car is worth 17K after 3 years, do you really think it's going to be worth more than 17K after 4 years? I don't think so...
It seems as if the residuals on the Coupe are lower than the Sedan, maybe 5AT vs 6MT also comes into play. People on this board my thinkg a 6MT Coupe is the sexy choice, but a 5AT Sedan will probably have a better resale value as a used car, just because there's a much larger market for AT sedans than MT coupes. The residual on my 5AT Sedan was 53.6% for a 3.5 year lease with 15K miles/year FYI...
Jeff Kohn
H-Town, TX
2003.5 Automatic Sedan, Desert Platinum/Willow, Premium, Nav, Tint
You should definitely buy this car. Infiniti's have a residual value of 50-51% after 3 years, so it makes the lease price very high. The average BMW or Mercedes, in comparison, has a 3-year residual value of 60-65%. But I think once this car is out for 3 years, it's limited availability and high demand should give it a strong used car market, bringing the residual value up to 60%.
<hr></blockquote>I don't know where you got that idea. The residual most definitely will NOT go up with a longer term, it will go down. Stop and think about it. If the car is worth 17K after 3 years, do you really think it's going to be worth more than 17K after 4 years? I don't think so...
It seems as if the residuals on the Coupe are lower than the Sedan, maybe 5AT vs 6MT also comes into play. People on this board my thinkg a 6MT Coupe is the sexy choice, but a 5AT Sedan will probably have a better resale value as a used car, just because there's a much larger market for AT sedans than MT coupes. The residual on my 5AT Sedan was 53.6% for a 3.5 year lease with 15K miles/year FYI...
Jeff Kohn
H-Town, TX
2003.5 Automatic Sedan, Desert Platinum/Willow, Premium, Nav, Tint
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