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Residual

3647 Views 12 Replies 7 Participants Last post by  Vini
Not really familiar with leasing… can somebody explain what a good residual % on a lease would be? I heard people get 60% or 62% is there a number I should be aiming for? so that I know I'm not being rip off? I'm in SOCAL looking for a Q50S with deluxe touring package
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Not really familiar with leasing
There is an entire MONSTER thread on leasing. I'd suggest you go ask the question over there (or read the thread and it might have been answered already)

Here, I even did the hard work of clicking on the search button and typing in "leasing" for you

http://www.infinitiq50.org/forum/infiniti-q50-dealers-pricing/1018-official-lease-deal-thread.html
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There is an entire MONSTER thread on leasing. I'd suggest you go ask the question over there (or read the thread and it might have been answered already)

Here, I even did the hard work of clicking on the search button and typing in "leasing" for you

http://www.infinitiq50.org/forum/infiniti-q50-dealers-pricing/1018-official-lease-deal-thread.html
Thanks but I had seen that and read some of it already... I was actually just asking about the residual specifically and not if a certain offer was a good deal or not but thanks anyways sarcasm and all.:rolleyes:
Residual values are set by the manufacturer based on the miles per year and model of vehicle. It is not a number you can negotiate or alter for any reason.

If you are in SoCal, give me a call I will get you a very aggressive deal without games or hassles.
You should read the thread in its entirety. Then you will be knowledgeable enough to go try to negotiate a better residual with ejhyun. He does it all the time. Seriously, we lie to customers and mislead them about leasing every day. That residual percentage really is negotiable. Don't get ripped off like I did on my lease today. I totally forgot to haggle with the finance manager over my residual. Darn!
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You should read the thread in its entirety. Then you will be knowledgeable enough to go try to negotiate a better residual with ejhyun. He does it all the time. Seriously, we lie to customers and mislead them about leasing every day. That residual percentage really is negotiable. Don't get ripped off like I did on my lease today. I totally forgot to haggle with the finance manager over my residual. Darn!
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You should read the thread in its entirety. Then you will be knowledgeable enough to go try to negotiate a better residual with ejhyun. He does it all the time. Seriously, we lie to customers and mislead them about leasing every day. That residual percentage really is negotiable. Don't get ripped off like I did on my lease today. I totally forgot to haggle with the finance manager over my residual. Darn!
Good one, very funny but Then again no wonder people feel the way they do about car salesman… :rolleyes:
You should read the thread in its entirety.
no wonder people feel the way they do about car salesman… :rolleyes:
You entirely missed the important part of Sinecure's message. If you had read the entire thread (not part as you admitted), your question would have been answered and you would have known that Sinecure's answer was snark derived from information you would have learned in the thread.
LOL, I know you are being funny Sinecure but stop it. REALLY stop it, most on here will read that and now believe that residuals are negotiable.

The residual value is set by the factory every month. If it does not match what they have set forth then the contract will get kicked back and the dealership has to re-sign the customer. A big pain for everyone. I can guarantee you the residual values are NOT negotiable. Will you cause everyone a lot of frustration (mostly yourself) if you go into a dealership trying to negotiate the residual.
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For clarification for those who totally lack a snark/sarcasm bone:

RESIDUAL IS NOT NEGOTIABLE. IT IS SET BY INFINITI. THE LEASING THREAD ON THIS FORUM IS VERY EXTENSIVE. IT HAS SOME MIS-INFORMATION, BUT INVARIABLY THOSE MISTAKES ARE CORRECTED BY SUBSEQUENT POSTS.

IF YOU WANT TO SAVE MONEY ON YOUR LEASE, ALSO READ THE THREAD ON MSD'S. READ THE WHOLE THING.
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For clarification for those who totally lack a snark/sarcasm bone:

RESIDUAL IS NOT NEGOTIABLE. IT IS SET BY INFINITI. THE LEASING THREAD ON THIS FORUM IS VERY EXTENSIVE. IT HAS SOME MIS-INFORMATION, BUT INVARIABLY THOSE MISTAKES ARE CORRECTED BY SUBSEQUENT POSTS.

IF YOU WANT TO SAVE MONEY ON YOUR LEASE, ALSO READ THE THREAD ON MSD'S. READ THE WHOLE THING.
That's funny. When I spoke with my sales guy and the finance guy during my last visit, he told me that MSD raises the monthly payments.

That's why my payments were higher than the quote I received. WEIRD, because I clearly remember the sales guy showing me 2 printouts. One with MSD the other without. I went with MSD because the payments were about $100 less and I would get the security deposit back.

Looks like Infiniti is LYING so much, that they can't keep up with their lies.
That's funny. When I spoke with my sales guy and the finance guy during my last visit, he told me that MSD raises the monthly payments.
Are you joking here?

Or what context are we talking.
Is he thinking in the sense to take the money and use it as a down payment, or just do nothing at all?
LOL, I know you are being funny Sinecure but stop it. REALLY stop it, most on here will read that and now believe that residuals are negotiable.

The residual value is set by the factory every month. If it does not match what they have set forth then the contract will get kicked back and the dealership has to re-sign the customer. A big pain for everyone. I can guarantee you the residual values are NOT negotiable. Will you cause everyone a lot of frustration (mostly yourself) if you go into a dealership trying to negotiate the residual.
Thanks for the help I really appreciate it… even better that it came with out any sarcasm or any type of lecture!
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