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  #25  
Old 02-06-2015, 11:41 AM
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Re: lease a 2015 or wait until 2016?

I just ran some numbers on my lease and it turns out that I have a residual of 49% and a MF of .00072 which reflects an interest-rate of about 1.73% on my 39-month lease.

In regards to the MF, I know for sure that the one I got was the one that was in effect and published by Chrysler Capital the day I signed the lease - so I didn't pay any up-charge on that.

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  #26  
Old 02-06-2015, 11:42 AM
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Re: lease a 2015 or wait until 2016?

Quote:
Originally Posted by Mike-Mike View Post
I have never leased anything before. How are you all figuring these numbers?
Check this out:

Lease Payment Formula Explained - LeaseGuide.com
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Old 02-06-2015, 04:06 PM
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Re: lease a 2015 or wait until 2016?

Quote:
Originally Posted by Mike-Mike View Post
Thanks, not ready to pull the trigger for a month or two, so I got time to read
Try to get a sense of the dealer as you look around.
Some treat leases as an excellent way to provide a good supply of used vehicles.
Others treat leases as a way to gouge customers with nasty balloon payments or multi-thousand dollar charges for parking lot dings.

Also, see what the conditions are should you want to do any sort of add ons or customization. Some leases will allow it as long as you return it without them, some can void the lease.

You'll also want to talk to your insurance agent about the best protection for you should you go with a lease.

A good honest dealer might steer you toward specific models and options based on what you can expect have as residual value in your area where if you were to buy you'd pick different options.
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