Residual value vs. trade-in.
#1
Driver School Candidate
Thread Starter
Residual value vs. trade-in.
Hi folks,
My new IS 350 F sport is my first lease. I have always financed or bought outright.
December 2014 Motor Trend's 36 month residual value on above car is $24,678.00.
My 36 Month LEASE in March 2015 shows a residual value of $31,140.20.
This is a difference of $6462.20. More than 20%.
What's with this difference?
Thanks.
My new IS 350 F sport is my first lease. I have always financed or bought outright.
December 2014 Motor Trend's 36 month residual value on above car is $24,678.00.
My 36 Month LEASE in March 2015 shows a residual value of $31,140.20.
This is a difference of $6462.20. More than 20%.
What's with this difference?
Thanks.
#2
Lexus Test Driver
Hi folks,
My new IS 350 F sport is my first lease. I have always financed or bought outright.
December 2014 Motor Trend's 36 month residual value on above car is $24,678.00.
My 36 Month LEASE in March 2015 shows a residual value of $31,140.20.
This is a difference of $6462.20. More than 20%.
What's with this difference?
Thanks.
My new IS 350 F sport is my first lease. I have always financed or bought outright.
December 2014 Motor Trend's 36 month residual value on above car is $24,678.00.
My 36 Month LEASE in March 2015 shows a residual value of $31,140.20.
This is a difference of $6462.20. More than 20%.
What's with this difference?
Thanks.
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IS - 3rd Gen (2014-present)
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08-30-15 09:55 AM