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residuals on LX470 leases

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Old 12-20-05, 09:25 PM
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Da Hapa
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Default residuals on LX470 leases

Hi everyone.

My wife and I are here in S. CA and we're thinking of taking the plunge into LX ownership. We were originally going to finance the purchase but now I'm thinking about leasing given the uncertainty of fuel prices and it's potential affect on resale values.

As I understand it, the LX has usually had good resale, right?

Does anyone have a feel for a good residual value to use when computing a lease price for a 36 or 48 month lease (15K miles a year)? Thanks in advance.

Christian
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