meshugy
Active Member
You can use this calculator to reverse engineer the rate: https://leasehackr.com/calculator
although, because you don’t know the residual it’s a bit of a guess. I believe.i used a residual of 62% when I calculated this lease. However, if the residual is lower, the interest rate would have to be even lower to compensate. Some people got leases like that earlier this year where the interest was so low it was only like $50 rent charge for 36 months.
The important thing here is the monthly payments are very low in relation to the MSRP. The residual only matters if you want to purchase the car at the end of the lease.
although, because you don’t know the residual it’s a bit of a guess. I believe.i used a residual of 62% when I calculated this lease. However, if the residual is lower, the interest rate would have to be even lower to compensate. Some people got leases like that earlier this year where the interest was so low it was only like $50 rent charge for 36 months.
The important thing here is the monthly payments are very low in relation to the MSRP. The residual only matters if you want to purchase the car at the end of the lease.
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