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    Resale values are not a non-factor for leases
    Posted by: eskayo on 2008-06-08 23:29:12
    Account #: 148792

    In Reply to: Drove the 2008 Subaru Legacy GT Spec B yesterday posted by Stretch 98 on 2008-06-08 07:32:58

    Your lease will be based on the expected depreciation of the car. A higher residual value (or "expected" resale value) at the end of your lease term will result in a lower lease payment. Most people just focus on the lease rate, but the residual value is just as important.

    That's why it's nice if the dealership will lock in a residual value for your car when you order because the residual will most likely have dropped in the 3-4 months you will have waited for delivery of your car.

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