leasing rate Canada vs US
Hi everybody
I am in toronto. the leasing rate here is 8.64% for tls also the % of buy back is high than US. anybody can get me some idea of the leasing rate in US?
thks
I am in toronto. the leasing rate here is 8.64% for tls also the % of buy back is high than US. anybody can get me some idea of the leasing rate in US?
thks
It depends on the term and mileage in the lease. Some samples:
39 months, 15K miles
60% residual, .0029 money factor
42 months, 15K miles
59% residual, .0028 money factor
48 months, 15K miles
58% residual, .0026 money factor
The money factors are also adjusted slightly (by .0001) depending on whether or not you pay the security deposit. If you don't, you can take another .0001 off the money factor.
39 months, 15K miles
60% residual, .0029 money factor
42 months, 15K miles
59% residual, .0028 money factor
48 months, 15K miles
58% residual, .0026 money factor
The money factors are also adjusted slightly (by .0001) depending on whether or not you pay the security deposit. If you don't, you can take another .0001 off the money factor.
I'll again offer my horribly detailed leasing spreadsheet to anyone who wants it for the ridiculous price of $5.00 - blows anything else you can get off the web out of the water (the reason I created it is because I no luck finding a decent lease calculator unless I wanted to shell out $30+). I accept PayPal :-)
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