View Single Post
  #8  
Old 08-25-2011, 12:36 PM
ard ard is offline
Member
 
Join Date: Mar 2006
Location: Sierra Foothills, California
Posts: 6,765
ard is on a distinguished road
Quote:
Originally Posted by Alan Smithee View Post
Residual values on 2012 models with 15k/year is around 56%. If the same applied to your vehicle, that would be $42k. So it sounds about right...

Spot on.

The residual for leases DRIVES the market to that price! Why would a dealer give you more, when he can buy the lease turn ins all day long at residual? (Actually even lower)

...IMO

A
Reply With Quote

Sponsored Links