Note: This article is outdated… click here for my updated article on how to lease a new car and save at least 20% off MSRP…
In the vast majority of situations here in the United States, I recommend leasing over any other ways to finance and drive a car.
This might surprise you.
Because we have been brainwashed that leasing is a fool’s way to drive a car.
But when we exploit the benefits of leasing (and avoid the common traps), we are able to drive a lot more car for a lot less money over our lifetime.
Continue reading How to lease a brand new car with no money down in the USA
UPDATE: These residual values were compiled in December of 2015. So they are no longer valid. Click here to get access to the latest lease residual values…
Residual value is the net amount of a car’s worth after factoring in depreciation.
So residual value is the amount we can buy a leased car for at the end of the term.
A higher residual value allows us to lease more car for less money each month.
Who determines the residual value on a new car? It is not the new car dealer. Instead, it is the lease finance company that actually determines the residual values on all vehicles.
For some reason, it is all but impossible to see all the residual values of cars sold here in the USA…
So I compiled the 36- and 60-month residual value of each car below.
Continue reading Residual value calculations on a new car lease for 2016